4850 69th Place

About This Property

Welcome to 4850 69th Pl — a rare and compelling opportunity in the heart of Rolando for a savvy buyer looking for a great house hack opportunity! This 1,624 sq ft home, originally built in 1953, delivers serious value with a built-in income strategy already in place. The main house offers 4 bedrooms and 1 bathroom, providing plenty of space for an owner-occupant or tenants. An attached and fully remodeled junior ADU features 1 bedroom, 1 bathroom, and its own mini-split system — a turnkey unit ready to generate rental income from day one that was previously rented out for $2,400 a month! The financial upside doesn't stop there. This home comes with an assumable VA loan at 5.87%, a significant advantage in today's rate environment. Financed solar with 14 panels keeps energy costs predictable at $255/month, and a 1-car attached garage with washer and dryer rounds out the practical features. Out back, the spacious yard is built for enjoyment and entertaining — a wooden pergola with a built-in Cabela grill, plus raised gardening beds with irrigation. Whether you're looking to offset your mortgage or simply get into one of San Diego's most accessible neighborhoods with a below-market rate this home checks every box!