5526 Shasta Lane, La Mesa, California 91942, La Mesa, 91942 - 0 bed, 0 bath
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La Mesa, California 91942
Analysis of 5526 Shasta Lane, La Mesa, California 91942 is currently available with a list price of $1,199,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the La Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1982, this 44-year-old property is significantly dated. While the exterior appears maintained and the units are occupied, the age suggests original or aging kitchens, baths, and systems (visible wall AC units). It fits the 'Fair' criteria as a functional but dated asset requiring minor repairs and modernization to reach peak market value.
The property is fully occupied with long-term tenants, providing immediate cash flow and operational stability for an investor from day one.
Situated near Lake Murray and the I-8 Freeway, the location offers excellent access to outdoor recreation and amenities, ensuring consistently high tenant demand.
With dedicated parking for every unit and private outdoor spaces for most, the property offers high-value amenities that improve tenant satisfaction and retention.
Long-term tenancy often suggests that current rents may be below market value, potentially requiring a strategic plan to increase the internal rate of return.
Constructed in 1982, the property may require upcoming capital expenditures for major systems or modernizing interiors to maintain its competitive edge in the La Mesa market.
Excellent investment opportunity in a highly desirable La Mesa community. This 4-unit property has full occupancy w/ long-term tenants, offering immediate rental income and stability for the new owner. Conveniently situated near Lake Murray, the property offers access to outdoor recreation, walking trails, shopping and dining while also being close to the I-8 Freeway. Each unit provides a comfortable living space with two of the four units featuring private patios and one unit offering its own balcony. Lush mature greenery create an inviting environment. Each unit has one or more parking spaces. There is also community coin operated laundry. Located within the Grossmont Union HS and La Mesa-Spring Valley School Districts, this property offers strong rental appeal. If you are seeking a multi-unit asset in an accessible La Mesa location, don't miss driving by this property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,560 | 1,440 | 67% |
| Lot Size | 9,199 | 6,969.6 | 67% |
| Price | $1.20M | $975.0K | 67% |
| Price per sq ft | $337 | $613 | 33% |
| Built year | 1982 | 1953 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 209 | 33% |
Jun 3, 2026
$1,199,000
Initial Listing