$1,100,000
 $5,905 est/mo Sourced by Back At You

5206 La Paz Drive,San Diego, CA 92114

San Diego, CA 92114

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Description

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!

Details

MLS #PTP2607784
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1952
Days On Site18
Listing Provided ByCompass | David Fletes

Features

SQ Feet2,811
Garage2
Story(s)2
Units3
Building(s)1
ZoningR-1:SINGLE FAM-RES
Acreage0.16

Interior

Heating Yes / NoNo
Cooling Yes / NoNo
Fireplace Yes / NoNo

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesSidewalks

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92114
Area92114 Encanto
Listing VS Median (in 92114)
Price:
$1,100,000
low | high
Med:
$737,000
83% of Average
sqft:
2,811
low | high
Med:
1,338
100% of Average
$ / sqft:
$391
low | high
Med:
$572
3.727624933546% of Average
On site:
18
low | high
Med:
15
100% of Average
Sourced by Back At You

Market Activity 92114

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Additional Information


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Learn More About This Property

StateCA
CountySan Diego
CitySan Diego
Zip Code92114
Area92114 Encanto
Listing VS Median (in 92114)
Price:
$1,100,000
low | high
Med:
$737,000
83% of Average
sqft:
2,811
low | high
Med:
1,338
100% of Average
$ / sqft:
$391
low | high
Med:
$572
3.727624933546% of Average
On site:
18
low | high
Med:
15
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $825K - $1.375M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
5206 La Paz Drive Property Photo 1
$1,100,000
5206 La Paz Drive
San Diego, CA 92114
Listing Updated: October 29, 2026 at 12:37:49 PM PDT