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$1,100,000

5206 La Paz Drive

San Diego, CA 92114

Active

Beds

Baths

2,811

Sq. Ft.

1952

Year Built

San Diego

County

SingleFamilyResidence

Property Type

About this home

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!

Listed by David Fletes · DRE #01823637 · Compass

MLS #1192850263

ListedOct 8, 2026

Property Details

Architecture

Stories2

StyleN/A

Total UnitsN/A

RoofN/A

Garage Spaces2

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesBalcony

FlooringN/A

CoolingCentral Air

HeatingForced Air

FireplaceElectric

LaundryWasher Hookup, Gas Dryer Hookup, Inside, Laundry Room

Parking FeaturesN/A

Parking Total2

Patio & PorchBalcony

Entry Level1

Entry Locationfront of home

Common WallsOne Common Wall

Property Features

Lot Size0.16 ac

Lot FeaturesZero To One Unit Acre

ViewNeighborhood

DirectionsI-805, take the Imperial Avenue exit and head east. Turn right onto Euclid Avenue, then follow local streets to La Paz Drive and continue to 5206 La Paz Dr, San Diego, CA 92114

Community

Area92114 - Encanto

School DistrictSan Diego Unified

Tax & Financial

TermsCash, Conventional, FHA, Va Loan

Land LeaseNo

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$5,855/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:00 PM

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