Search
Renovated Triplex with Outdoor Space
New
For Sale
$1,950,000

5588 Shasta Ln, La Mesa, CA 91942

Three single-story residences feature private outdoor areas, in-unit laundry, updated interiors, and ample parking.

Property Size2,532 SF
Lot Size0.37 Acres
Days on Market3

Property Features for 5588 Shasta Ln

General Information

Standard status Active
Size 2,532 SF
Lot size 0.37 Acres
Property subtype Multifamily
Occupancy 95%

Units

Unit Mix 1 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units 3

Additional Details

Cap Rate 4.79%
Highway Access Yes

Amenities

private outdoor space
in-unit laundry
central air conditioning
private patios/balconies
upgraded fixtures
Turnkey single-story asset with ADU potential
Proximate to Sharp Grossmont Hospital and The Grossmont Shopping Center
Ample off-street parking for residents
Diversified unit mix of one and three-bedroom floorplans
Easy access to major employment centers via Interstate-8 and Grossmont Transit Center

Building Details

Building Size 2,532 SF
Year Built 1957
Stories 1
Units 3
Listing Agency: Marcus & Millichap - San Diego
Listed By: Austin Huffman · License #License(s): CA: 01981817
Source: Marcusmillichap
Added: Sep 13 Last Checked: Sep 14 at 5:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This triplex in La Mesa includes a single-story three-bedroom, two-bath home alongside two single-story one-bedroom, one-bath units. The property was built in 1957 and renovated in recent years, with remodeled interiors, central air conditioning, upgraded fixtures, large closets, private patios or balconies, in-unit laundry, and full appliance and kitchen packages. Each residence includes private outdoor space, and the 0.37-acre property provides ample parking.

The property offers access to Lake Murray Blvd. Interstate 8 is nearby, providing an east-west route through San Diego County. Sharp Grossmont Hospital and Grossmont Shopping Center are both 1.2 miles away, while Grossmont Transit Center is 1.1 miles from the property. San Diego State University is 3.1 miles west, and Downtown San Diego is approximately a 15-minute drive.

Key Highlights

  • Three‑unit configuration: one 3‑bedroom/2‑bath home and two 1‑bedroom/1‑bath units
  • 0.37‑acre lot with ample parking and private outdoor space for each residence
  • Built in 1957 and renovated in recent years

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Food Market Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,222
Businesses Nearby

Demographics for 91942, CA

40,813
Population
18,488
Households
2.2
Avg Household Size
39
Median Age
38%
College-Educated
94%
High-School Grad
5.8 sq mi
ZIP Area
7,037
Density / Sq Mi
$81,262
Median Household Income
$57,064
Median Earnings
$1,934
Median Rent
$689,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three single-story residences feature private outdoor areas, in-unit laundry, updated interiors, and ample parking.
Where is this triplex located?
The property is located at 5588 Shasta Ln La Mesa, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Three‑unit configuration: one 3‑bedroom/2‑bath home and two 1‑bedroom/1‑bath units; 0.37‑acre lot with ample parking and private outdoor space for each residence; Built in 1957 and renovated in recent years
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message