Exceptional Value-Add Opportunity in Prime La Mesa 4626–4628 Edenvale presents a rare investment opportunity featuring a income-producing duplex plus City of La Mesa–approved ADU permits, allowing a buyer to immediately increase density, boost rental income, and accelerate long-term equity growth without the typical entitlement delays. The existing duplex was completely… Read More remodeled in 2018 and consists of two spacious units: • Front unit: 3BD/2BA | 1,050 sq.ft. • Back unit: 3BD/2BA | 1,125 sq.ft. Each residence offers modern finishes and thoughtful upgrades, including: • Luxury vinyl plank flooring • Black graphite quartz countertops • Black stainless steel appliances • Dishwasher and built-in microwave • 5-burner gas stove • Large farmhouse-style sink • Ceiling fans with integrated lighting in living rooms and bedrooms • In-unit washer and dryer • Designer bathrooms with tiled bath surrounds, oversized showers, and soaking tubs The property features a 2-car garage, gated private decks, and a dedicated dog run for added tenant appeal. Ideally situated near shopping, dining, transit, and freeway access, this property combines immediate income potential with significant future upside in one of East County’s most desirable rental markets. With approved ADU plans already in place, investors can skip months of planning and move directly toward construction in a high-demand area with continued rental growth, creating a rare opportunity to increase density, boost rental income, and accelerate long-term equity growth. Call Agent for additional adjacent lot opportunity The existing duplex generates immediate cash flow while approved plans significantly reduce development timelines and upfront entitlement costs. Ideal for investors, or multigenerational living with strong potential to expand unit count in a high-demand rental market, skip months of planning and move directly toward construction. Completely remodeled in 2018. Both units are 3BD/2BA. Front unit is 1,050 sq.ft. and back unit is 1,125 sq.ft. 2 car garage. Ceiling fans with lights in living room and bedrooms. W/D in each unit. Black Graphite Quartz counters and black stainless steel appliances, dishwasher, built-in microwave, 5-burner gas stove, large farm-style sink. Bathrooms: tile bath stalls with soaker tub/oversized tile shower. Luxury vinyl plank flooring. Dog run on side of home, Gated private decks. Conveniently located near shopping, dining, transit, and freeway access, this property offers both current income and future upside located in one of East County’s most sought-after, continued rental demand. Rare value-add opportunity in the heart of La Mesa! 4626–4628 Edenvale is a duplex with approved ADU permits from the City of La Mesa, offering exceptional upside potential through expanded unit count, increased rental income, and long-term appreciation. Ideal for investors, owner-occupants, or multigenerational living, this property combines immediate cash flow from the existing duplex with a streamlined path toward future development. Much of the entitlement process has already been completed, allowing a buyer to bypass months of planning and move directly toward construction. Located in one of East County’s strongest rental markets, the property is conveniently situated near shopping, dining, public transit, and major freeway access. A rare opportunity to maximize future cash flow and capitalize on continued rental demand in La Mesa. Read Less
Property listed by Toogood Realty, Jeanmarie Gallagher 310-259-7556
Listing Snapshot
Days Online
34
Last Updated
Year Built
1948
MLS Number
260012073SD
Additional Details
Building
Built in 1948, 1 building, 1 storey, Levels: One
Community
Park Name: Duplex
Cooling
CentralAir
Heating
Electric, ForcedAir
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $76,260, Net Operating Income: $70,160
Roof
Composition
Taxes
Parcel Number: 4946611000, Zoning: R1-Single
Tenant Pays
CableTv, Electricity, Gas, SeeRemarks, Sewer, TrashCollection, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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