Value Add Opportunity! Rare find to own two homes on one oversized corner lot in the heart of La Mesa. 7125 Hoffman Lane & 3980 Paula Street, an incredibly versatile property that offers privacy, space, and flexibility in a prime location. Whether you’re looking for multi-generational living, house hacking, or an investment with strong rental potential, this one checks all the boxes. The front home with entry at 7125 Hoffman Ave. is full of charm and possibility. This 2-bedroom, 1-bathroom home features two separate living areas, perfect for creating an additional bedroom or home office. A dedicated indoor laundry room, spacious kitchen, and attached 2 car garage provide convenience and functionality. There’s also plenty of room to easily add a second bathroom and third bedroom, great for building quick equity. Enjoy the generously sized patio, under a tree, that opens up to a large, private backyard, deal for entertaining, gardening, or relaxing with family and friends. The second home, with entry at 3980 Paula Street, offers its own private entrance, making it feel completely independent from the front property. This unit also features 2 bedrooms and 1 bathroom, an open-concept living and dining area, and an attached carport that can easily be converted into a garage or expanded outdoor living space. There's room to update and make it your own, while immediately generating rental income or housing extended family. The property sits on a wide, usable corner lot with tons of curb appeal and multiple driveways providing ample off-street parking. There's plenty of front yard and outdoor space for each home to enjoy individually. With each unit operating like its own single-family home, this setup offers ideal separation and privacy, something rarely found in multi-unit properties. Located just minutes from charming Downtown La Mesa, this property sits in a convenient, high-demand area near shopping centers, parks, local schools, and major freeways, ideal for both rental income and owner-occupancy. La Mesa offers a vibrant, walkable village atmosphere with boutique shops, locally-owned restaurants, craft coffee spots, and weekly farmers markets. Popular events like Oktoberfest, Holiday in the Village, and classic car shows draw visitors from across San Diego, adding to the neighborhood’s lively, community-focused energy. Whether you're an investor looking for dual rental income, a homeowner aiming to offset your mortgage, or a buyer seeking value-add potential, this property offers immediate upside and long-term appeal in one of San Diego's most beloved neighborhoods. Schedule a Private Showing

Listed By SDMLS / Jenica Martin / Douglas Elliman of California, Inc.

Last checked: Checking… • Last updated Jul 10, 2025 • Source: CRMLS_CA

MLS# 250032916SD — Report a problem