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Residential Income for sale : 4 bedrooms : 3860-62 American Ave in La Mesa

3860-62 American Ave La Mesa

Main Photo: Residential Income for sale : 4 bedrooms : 3860-62 American Ave in La Mesabanner
$940,000
Prop. Type:
Residential Income
MLS® Num:
260021762
Status:
Active
Bedrooms:
4
Bathrooms:
3
Year Built:
1937
Situated on a large 0.4-acre lot, this unique property features two detached residences with strong in-place income. The main residence is an oversized approximately 1,500 SF 3BR/2BA, complemented by a spacious detached 1BR/1BA with garage. With $77,100 in actual GSI, two garages, ample lot area, and two separate homes, the property is well positioned for an investor seeking solid current income or an owner-user looking for flexibility and additional rental income.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
East County
Neighborhood Code:
La Mesa
Name of Complex/Subdivision:
LA MESA
Building Name:
NA
Total Building Area:
Switch units of measure2,150 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
4
Bathrooms:
3
Full Bathrooms:
3
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1937
Age (in years):
Switch units of measure89 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, Exchange, FHA, VA, Other/Remarks
Cap Rate.:
5.58
Gross scheduled income:
77100.0
Other income actual:
215
Operating expense:
24672.0
Number of Units:
2
Number of Units with Cooling:
2
Tenant pays:
N/K
Unit Number for Unit 1:
3860
Unit Number for Unit 2:
3862
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
499-172-13-00
Cooling:
N/K
Roof:
Composition
Security:
N/K
Fencing:
N/K
Listed by ACI Apartments
Data was last updated September 13, 2026 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
Data Source Logo
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.