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.
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.