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: | PTP2607784 |
|---|---|
| List Price: | $1,100,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| 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: | 0 |
| Number Of Units Total: | 3 |
| Basement: | false |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Directions: | From I-805, take the Imperial Avenue exit and head east. Turn right onto Euclid Avenue, then follow local streets to La Paz Driv |
| Living Area Units: | Sqft |
| Lot Size Area: | 0.16 |
| Lot Size Units: | Acres |
| Parcel Number: | 5484401300 |
| Photos Change Timestamp: | 2026-10-16T09:57:58Z |
| Pool Features: | N/K |
| State Or Province: | CA |
| Stories Total: | 2 |
| Zoning: | Assessor |
| Sdmls Neighborhood: | Encanto |
| Sdmls Area Zip: | ENCANTO (92114) |
| Original List Price: | $1,100,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Showing Instructions: | showingtime |
| Site: | Sidewalks |
| Listing Terms: | Cash, Conventional, FHA, VA |
| Sdmls Cfd Mello Roos Fee Reflct: | Year |
| Gross Scheduled Income: | $80,000 |
| Number Of Buildings: | 1 |
| Sdmls Mt: | 39 |
| Sdmls Monthly Total Fees: | 46 |
| Sdmls Geo Update Timestamp: | 2026-10-16T06:09:15.9 |
| Sdmls Full Address: | 5206 La Paz Drive |
| 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: | 2026-10-15 |
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 09:12 AM - PT.
Property Last Updated: October 21, 2026 09:12 AM - PT
