4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY offering highly desirable location. Low maintenance building with low operating expenses. Desirable unit mix includes 2 units @ 3BR/1BA & 2 units @ 1BR/1BA. Multiple opportunities to increase rents with minor value-add improvements AND potential to add 4 additional ADU units (Ask to see the ADU feasibility study). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to tons of shopping, multiple light rail stations (green & orange lines), bus stops, & I-8 freeway. Close to San Diego State, Grossmont College, & Grossmont Hospital. Minutes from popular Cowles Mountain & Lake Murray. Less than 15 miles to the beach! Downtown San Diego is only 10 miles & University City’s “Golden Triangle” major employment hub is only 15 miles—both of which are conveniently accessed by light rail or multiple freeways. Loan assumptions are easier than ever before and closing in near record times! BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Effectively go back in time by assuming the current loan at the historically low interest rate and the low gap means you can buy for LESS CLOSING COSTS out of pocket compared to a new loan! Profit from substantially expedited principal pay down & lower interest expenses.
For sale
Listing Provided by:
Frank Karako DRE #01928210 877-366-2213,
LPT Realty, Inc.
Price cut: $15K (6/21)
$1,884,000
4985 Comanche Dr, La Mesa, CA 91942
8beds
2,844sqft
Est.:
Quadruplex
Built in 2000
-- sqft lot
$-- Zestimate®
$662/sqft
$-- HOA
What's special
Premium flooringQuartz countertopsStainless appliancesRecently renovated unitsLow maintenance building
- 74 days
- on Zillow |
- 452 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: June 21, 2025 at 12:09am
Listing Provided by:
Frank Karako DRE #01928210 877-366-2213,
LPT Realty, Inc.
Source: CRMLS,MLS#: PTP2502672
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Kitchen, Living Room
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 2,844 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Uncovered spaces: 6
Features
- Levels: One,Two
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,336 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4700913000
- Zoning: R-4:MULTIPLE RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Suburban
Location
- Region: La Mesa
Financial & listing details
- Price per square foot: $662/sqft
- Tax assessed value: $1,846,200
- Annual tax amount: $22,885
- Date on market: 4/15/2025
- Listing terms: Cash,Cash to Existing Loan,Conventional,FHA,Submit,VA Loan
- Loading
- Loading