Address
5590 5588 Shasta Lane, La Mesa, CA
Price
$ 1,950,000
Property Attributes
- MLS#260021741SD
- TypeMulti-Family
- Listing Status Active
- CountySan Diego
- CityLa Mesa
- Area La Mesa
- NeighborhoodLa Mesa
- Zip91942
- Style
- Year Built1957
- Price$ 1,950,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
Data Source:
California Regional MLS (CRMLS)
Property Description
We are pleased to present 5588-90 Shasta Ln, a meticulously designed triplex tucked in the rolling hills of Lake Murray, in the City of La Mesa, California. Built in 1957 and fully renovated in recent years, the complex is comprised of a large single story three-bedroom/two-bathroom single family home and two (2) single story one-bedroom/one-bathroom units spanning across a large 0,37-acre lot! The turnkey investment is poised for additional ADU development. The property features private outdoor space for each unit, in unit laundry, fully appliance and kitchen packages, and single-story living attracting higher quality tenants. The spacious floorplans are well-appointed with remodeled interiors including central air conditioning, large closets, private patios/balconies, and upgraded fixtures throughout. Residents enjoy ample parking and quick access to Lake Murray Blvd. Centrally located in La Mesa, the property is a short drive to Interstate-8, which serves as a critical interregional east/west travel corridor through San Diego County, and is one of the more heavily trafficked freeways. The property is only 1.2 miles from Sharp Grossmont Hospital and The Grossmont Shopping Center. Sharp Grossmont Hospital is East County’s largest health care facility with 524 beds, cutting edge medical care, and total patient revenue of over $3.7 billion. The Grossmont Center is an outdoor shopping mall with 100 unique stores, over 20 restaurants, and 10 large movie screens.
| Price History | |
|---|---|
| 9/4/2026 | Listed $1,950,000 |
General Features
| Cooling | None |
|---|---|
| Year Built | 1957 |
| Stories Count | 1 |
| Levels | One |
| County | San Diego |
| Net Operating Income | 93497 |
| Property Type | Residential Income |
| Subdivision Name | La Mesa |
| Status | Active |
| Directions | Property is fully occupied. Please contact listing agent: Graeme Henderson Graeme.Henderson@marcusmillichap.com (858) 373-3156 CrossStreet: Lake Murray Blvd |
| City | La Mesa |
| Senior Community Y/N | false |
| Number Of Units Total | 3 |
| MLS Area | 91942 - La Mesa |
| Standard Status | Active |
| Cap Rate | 4.79 |
| PostalCity | LA MESA |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | false |
| Heating Y/N | true |
Exterior Features
| Fencing | None |
|---|---|
| Park Name | Sunset Park |
| Number of Buildings | 2 |
| Spa | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 91942
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 24, 2026 11:39 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
