Traditional Quadplex
5526 Shasta Lane, La Mesa, CA 91942
New
Traditional, Quadruplex - La Mesa, CA
Type:Quadruplex
Property size:
3,560 SFLot size:
9,199.00 AcresPrice / SF:
$336/SF- Added:
- Jun 1, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 3 at 5:06 am
Property Features for 5526 Shasta Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- R-3
- Bedrooms
- 7
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 6
- Parking features
- Paved or Surfaced
- Exterior features
- Community Features Included: Street Lights, Sidewalks, 0-1 Unit/Acre
- Standard status
- Active
- APN
- 4642921200
- Size
- 3,560 SF
- Lot size
- 9,199.00 Acres
Utilities
- Heating system
- Wall Furnace
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1982
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Asphalt
- Architectural style
- New Traditional
Listing agent Del Raymond License #01949132 (619) 572-9750
Listing office Coldwell Banker West 410 Kalmia St, Chula Vista, CA (619) 325-4100
Listing date Jun 1, 2026
MLS# PTP2604238
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑unit property built in 1982 with full occupancy and long‑term tenants
- Each unit includes one or more parking spaces; parking is paved or surfaced
- Two units feature private patios, and one unit offers its own balcony
- Stucco exterior with asphalt shingle roof and “New Traditional” architectural style
- Wall furnaces for heating; cooling includes wall/window unit(s) and window unit(s)
- Community amenities include street lights and sidewalks
Overview
This traditional quadplex offers four residential units with strong income stability, currently fully occupied by long-term tenants. The layout includes outdoor living options across the property, with two units featuring private patios and one unit providing a private balcony. Mature, established landscaping helps create an inviting setting, and each unit is described as having one or more parking spaces, supporting everyday tenant convenience.
Located in La Mesa, the property is positioned near Lake Murray, providing convenient access to outdoor recreation and walking trails. It’s also close to shopping and dining, with proximity to the I-8 Freeway improving overall accessibility for tenants and visitors. The asset falls within the Grossmont Union High School and La Mesa–Spring Valley School Districts, which can be an added consideration for long-term renters.
Designed for investors seeking a small multifamily asset in a convenient, well-established area, this quadplex provides an opportunity to take over an income-producing property without waiting for new leases. With full occupancy already in place, it may appeal to buyers looking for steady cash flow and a residential income profile supported by tenant-focused features like outdoor space and on-site parking.
Located in La Mesa, the property is positioned near Lake Murray, providing convenient access to outdoor recreation and walking trails. It’s also close to shopping and dining, with proximity to the I-8 Freeway improving overall accessibility for tenants and visitors. The asset falls within the Grossmont Union High School and La Mesa–Spring Valley School Districts, which can be an added consideration for long-term renters.
Designed for investors seeking a small multifamily asset in a convenient, well-established area, this quadplex provides an opportunity to take over an income-producing property without waiting for new leases. With full occupancy already in place, it may appeal to buyers looking for steady cash flow and a residential income profile supported by tenant-focused features like outdoor space and on-site parking.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.1k | $27.00 |
| − Vacancy | −$5.0k | −$1.40 |
| EGI | $91.1k | $25.60 |
| − OpEx | −$27.3k | −$7.68 |
| NOI | $63.8k | $17.92 |
3,560 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$911.2K
$797.3K – $1.06M
NOI $63,785 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$845.0K
$739.4K – $985.9K
NOI $59,151 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,175 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- La Mesa
- County
- San Diego
- State
- California
- Longitude
- -117.0353212
- Latitude
- 32.7776758
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four long-term occupied units with private outdoor space, offering immediate rental income and stable residential income potential.
Where is this quadplex located?
The property is located at 5526 Shasta Lane La Mesa, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 4‑unit property built in 1982 with full occupancy and long‑term tenants; Each unit includes one or more parking spaces; parking is paved or surfaced; Two units feature private patios, and one unit offers its own balcony
