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4850 Cypress StreetLa Mesa, CA 91942

For Sale

$1,200,000

Smart Buyer Rebate $12,000

4850-4852 Cypress St, La Mesa – Prime R3 Multi-Unit Investment Opportunity Near La Mesa Village! Unlock the potential of this versatile multi-unit property at 4850-4852 Cypress St, a thoughtfully designed income-generating asset in the heart of La Mesa. With two permitted dwelling units already in place, HERO financed solar panels, and a generous lot primed for expansion, this 1930-built gem offers immediate rental income alongside significant development upside in a highly desirable R3-zoned location. Current Layout and Features: The front house delivers comfortable living with 3 bedrooms and 1 bathroom, ideal for families or long-term tenants. The back house offers a cozy 1 bedroom and 1 bathroom setup, complemented by a spacious living room for added flexibility. Both units are equipped with owned solar panels, providing energy efficiency and cost savings. Outdoor amenities include a relaxing jacuzzi for unwinding and a large storage shed for practical organization. The approximate 50'x140' lot offers ample space for current use and future vision. The Real Value is in Zoning and Location: Situated mere steps from the vibrant La Mesa Village, this property benefits from walkable access to boutique shops, dining, and community events, attracting tenants who value convenience.

Listed by Kiera Holmes

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License #02174907

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Balboa Realty

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kiera@balboamgt.com

Listed by David Jentz

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License #01964858

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Balboa Realty

Last updated October 25, 2025

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Source: bridgeMLS #CRPTP2507815

Listing Facts

  • TypeMulti-family
  • NeighborhoodLa Mesa
  • Bedrooms3
  • Days on Prevu11
  • Size2,196 sqft
  • Price per sqft$546

Amenities

  • Washer/Dryer

Location

Mortgage Calculator

Listing History

10/14/2025
Listed by Balboa Realty
$1,200,000

Property Details for 4850 Cypress Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1930
  • Exterior Features: Other

Measurements

  • Building Area Total: 2,196
  • Lot Size Acres: 0.16
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,946
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 4947720900

Interior

Measurements

  • Living Area: 2,196
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 3

Utilities

Equipment

  • Laundry Features: Dryer, Gas Dryer Hookup, In Garage, Washer, Other

Based on information from bridgeMLS 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.