5206 La Paz Dr San Diego, CA — $1,100,000

5206 La Paz DR | Encanto (92114)

$1,100,000 | 6 Beds | 3 Baths (3 Full) | 2,811 Sq. Ft.

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! CRMLS PTP2607678

Directions to property: I-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

MLS Listing ID: 
CRMLS PTP2607678
Purchase
Community Information
School District: 
San Diego Unified
Association Fee: 
$0
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1952
New Construction: 
0
Living Area: 
2,811
Fireplaces: 
Electric
Construction
Construction Materials: 
Shingle Siding, Stucco
Exterior Features: 
Balcony
Room Details
Details about the rooms in the building.
Total Bedrooms: 
6
Total Bathrooms: 
3
Total Full-Bathrooms: 
3
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Central Air
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.16
Lot Size (Area): 
0.16
View: 
Neighborhood
Lot Features
Garage: 
2
Pool: 
None
Public Record
Parcel Number: 
5484401300
Listing Dates
Dates involved in the transaction.
Listing Date/Time: 
10/8/2026
Listing Entry Date/Time: 
10/12/2026
Status Change Date/Time: 
10/11/2026
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
David Fletes
Listing Office Name: 
Compass

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