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$2,399,998   Price Analysis
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7611-7625 Sturgess Ave
La Mesa, CA 91941
Unknown bed None bath 5,552 SqFt ($432/SqFt)
9,409SqFt lot. Built 1959
Listed 2024-02-14
Ⓧ USDA Ineligible
due to price & location

near La Mesa

Seven two bedroom units and one

* Sale Pending *

One bedroom unit. Property is well maintained with room for additional improvement and repositioning of vacancies. Sloped roof is a benefit.

Owners have found uplegs for exchange. Prepayment penalty to Chase Bank s currently at 1% and may be waived with loan or assumption with Chase. Shown with accepted offer.


Presented by Dan Brophy at
Flying Dog Enterprises Inc.


Property MLS #PTP2400827 from CRMLS

Laundry Features: Common Area

Lot Description: Lot 6500-9999
Lot Size Acres: 0.2160009
Lot Size Dimensions: 103x91
Lot Size Source: Assessor
Lot Size Square Feet: 9409

Parking Total: 8

Number of Units: 8

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 8
Rent Control: Yes

Community Features: Curbs

Source Listing Status: Pending
County: San Diego
Cap Rate: 5.00
Source Property Type: Residential Income
Insurance Expense: 3500.00
Area: 91941 - La Mesa
Source Neighborhood: 91941 - La Mesa
New Taxes Expense: 23999.00
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Parcel Number: 4704120200
Professional Management Expense: 8938.00
Trash Expense: 4305.00
Zoning: Apartments
Source System Name: C2C

Listed 2024-02-14
$2,399,998
CRMLS

Net Operating Income: 121911.00

Total Square Feet Living: 5552
Year Built: 1959
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: driveway
Property Age: 65
Property Attached: Yes
Building Total Stories: 2
Year Built Source: Assessor

Sewer: Water Sewer Expense: 2521.00
Water Source: Public

La Mesa Dale Elementary School is a public elementary school located approximately 0.1 miles away.
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La Mesa Arts Academy is a public elementary and middle school located approximately 0.3 miles away.
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Mount Miguel High School is a public high school located approximately 2.7 miles away.
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College Center Montessori School is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.