La Mesa, CA 91942,4850 Cypress Street
$1,000,000
Est. payment /mo
$1,200,000
16.7%
Est.Price: ?

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3 Beds
2,196 SqFt
SOLD DATE : 11/14/2025

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,196 sqft

Price per Sqft $455

MLS Listing ID CRPTP2507815

Sold Date 11/14/25

Bedrooms 3

HOA Y/N No

Year Built 1930

Lot Size 6,946 Sqft

Acres 0.16

Property Sub-Type Duplex

Property Description

4850-4852 Cypress St, La Mesa – Prime R3 Multi-Unit Investment Opportunity Near La Mesa Village! Unlock the potential of this versatile multi-unit property at 4850-4852 Cypress St, a thoughtfully designed income-generating asset in the heart of La Mesa. With two permitted dwelling units already in place, HERO financed solar panels, and a generous lot primed for expansion, this 1930-built gem offers immediate rental income alongside significant development upside in a highly desirable R3-zoned location. Current Layout and Features: The front house delivers comfortable living with 3 bedrooms and 1 bathroom, ideal for families or long-term tenants. The back house offers a cozy 1 bedroom and 1 bathroom setup, complemented by a spacious living room for added flexibility. Both units are equipped with owned solar panels, providing energy efficiency and cost savings. Outdoor amenities include a relaxing jacuzzi for unwinding and a large storage shed for practical organization. The approximate 50'x140' lot offers ample space for current use and future vision. The Real Value is in Zoning and Location: Situated mere steps from the vibrant La Mesa Village, this property benefits from walkable access to boutique shops, dining, and community events, attracting tenants who value convenience.

Location

State CA

County San Diego

Zoning R3

Interior

Fireplace No

Laundry Dryer, Gas Dryer Hookup, In Garage, Washer, Other

Exterior

Exterior Feature Other

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 4947720900

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Bridge MLS
Listed by Kiera Holmes • Balboa Realty
Bought with Datashare Cr Don't DeleteDefault Agent

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