5206 La Paz Drive
San Diego, CA 92114
$1,100,000
INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!
| Listing Id: | PTP2607678 |
|---|---|
| List Price: | $1,100,000 |
| Property Type: | Residential |
| Property Sub Type: | All Other Attached |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 3 |
| Living Area: | 2,811 |
| Association Fee: | $0 |
| Lot Size Square Feet: | 6,969.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Postal Code: | 92114 |
| Year Built: | 1952 |
| Appliances: | Refrigerator, Washer, Gas Range |
| Basement: | false |
| Bathrooms Total Integer: | 3 |
| Building Area Total: | 2,811.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Stucco, Shingle Siding |
| Cooling: | Central Forced Air |
| Directions: | I-805, take the Imperial Avenue exit and head east. Turn right onto Euclid Avenue, then follow local streets to La Paz Drive and continue to 5206 La Paz Dr, San Diego, CA 92114 |
| Elementary School District: | San Diego Unified School Distric |
| Entry Level: | 1 |
| Fireplace Features: | Electric |
| Garage Spaces: | 2.0 |
| Heating: | Forced Air Unit |
| High School District: | San Diego Unified School Distric |
| Laundry Features: | Gas, Washer Hookup |
| Levels: | 2 Story |
| Living Area Units: | Sqft |
| Lot Size Area: | 0.16 |
| Lot Size Units: | Acres |
| Middle Or Junior School District: | San Diego Unified School Distric |
| Parcel Number: | 5484401300 |
| Photos Change Timestamp: | 2026-10-13T03:35:04Z |
| Pool Features: | N/K |
| Sewer: | Public Sewer |
| Special Listing Conditions: | Standard |
| State Or Province: | CA |
| Stories: | 2 |
| Stories Total: | 2 |
| Utilities: | Electricity Connected, Propane |
| View: | Neighborhood |
| Zoning: | R-1:SINGLE |
| Sdmls Area Zip: | ENCANTO (92114) |
| Original List Price: | $1,100,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Miscellaneous: | Suburban |
| Common Walls: | 1 common wall |
| Showing Instructions: | showing time |
| Site: | Curbs, National Forest, Sidewalks |
| Listing Terms: | Cash, Conventional, FHA, VA |
| Showing Contact Type: | Agent |
| Year Built Source: | Assessor |
| Sdmls Cfd Mello Roos Fee Reflct: | Year |
| Assessments: | Special Assessments |
| Sdmls Monthly Total Fees: | 46 |
| Number Of Units In Community: | 0 |
| Parking Total: | 2 |
| Sdmls Geo Update Timestamp: | 2026-10-13T00:48:50.4 |
| Sdmls Full Address: | 5206 La Paz Drive |
| Bedrooms Possible: | 6 |
| Sdmls Supplement Remarks: | INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8, 750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105, 000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today! |
| On Market Date: | 2026-10-12 |
Listing Courtesy of: Compass
Listing Agent: David Fletes
619-666-7874
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© 2026 San Diego MLS.
San Diego MLS data last updated on October 21, 2026 09:44 AM - PT.
Property Last Updated: October 21, 2026 09:44 AM - PT
