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Stacey Alysson Melman

5206 La Paz Drive
San Diego, CA, 92114
$1,100,000
6 Beds
3 Baths
2,811 SqFt
0.16 Acres
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MLS #PTP2607678 image #0
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!
AGENT: David Fletes
LISTING BROKERAGE: Compass
5206 La Paz Drive
San Diego, CA

Property Details

Price:
$1,100,000
MLS #:
PTP2607678
Status:
Active
Beds:
6
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92114encanto
Listed Date:
Oct 12, 2026
Finished Sq Ft:
2,811
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1952
92114 – Encanto92114encantoSan Diego UnifiedNeighborhood
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Schools

School District:
San Diego Unified

Interior

Appliances
Refrigerator, Range Hood, Gas Range
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Heating
Forced Air
Laundry Features
Inside, Gas Dryer Hookup, Laundry Room, Washer Hookup, Washer Included
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
3

Exterior

Attached Garage YN
1
Common Walls
1 Common Wall
Community Features
Curbs, BLM/National Forest, Street Lights, Sidewalks, Suburban
Construction Materials
Shingle Siding, Stucco
Covered Spaces
2
Exterior Features
Balcony
Garage Spaces
2
Lot Features
0-1 Unit/Acre
Parking Spots
2
Parking Total
2
Stories
2
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Neighborhood

Financial

Map

Community

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