$1,550,000 Price Analysis   ♡   La Mesa, CA 91941 12 bed 8 bath 2,123 SqFt ($730/SqFt) 8,220SqFt lot. Built 2018 Listed 2024-05-15, Taxes $8,754 | Ⓧ USDA Ineligible due to price & location near La Mesa |
Located in the heart of Historic Downtown La Mesa
Surrounded by charming single-family homes, is a unique opportunity to own an income producing duplex with plans to develop two additional units with west facing valley views. Tenants and owners alike enjoy a highly walkable location near La Mesa Blvd where an assortment of restaurants and shopping lends a small-town atmosphere where neighbors wave to one another while walking their pets or returning from grocery shopping.
The in-place duplex consists of (2) three-bedroom, two bath units featuring upgraded flooring, cabinets, ceil ing fans, A/C and views to the south from an elevated deck and (2) single car garages. The prposed ADU development will expand the income producing potential with a two-bedroom, one bath ground level unit and an upstairs one bedroom one bathroom, both with expansive views to the west. Both units feature in-unit laundry, off-street parking and private outdoor space. Take advantage of this opportunity to add value to a rare infill opportunity while enjoying revenue from an existing source rental income!
Presented by James Nelson at
Coldwell Banker West .
Property MLS #PTP2402799 from CRMLS
Lot Size Acres: 0.1887052
Lot Size Source: Assessor
Lot Size Square Feet: 8220
Parking Total: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
County: San Diego
Cap Rate: 3.00
Source Property Type: Residential Income
Insurance Expense: 2500.00
Area: 91941 - La Mesa
Source Neighborhood: 91941 - La Mesa
New Taxes Expense: 18600.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 4946611000
Trash Expense: 360.00
Zoning: R1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $438,859 + $227,563 $666,422 | $8,754 |
| 2022 | $430,254 + $223,101 $653,355 | $8,757 |
| 2021 | $421,818 + $218,727 $640,545 | $8,481 |
| 2020 | $417,493 + $216,485 $633,978 | $8,219 |
| 2019 | $409,307 + $212,241 $621,548 | $8,018 |
| 2018 | $358,282 + $208,080 $566,362 | $7,320 |
| 2017 | $209,100 + $204,000 $413,100 | $5,437 |
| 2016 | $111,236 + $56,994 $168,230 | $2,498 |
| 2015 | $109,566 + $56,138 $165,704 | $2,453 |
| 2014 | $107,420 + $55,039 $162,459 | $2,416 |
| 2013 | $106,935 + $54,791 $161,726 | $2,385 |
| 2012 | $104,839 + $53,717 $158,556 | $2,380 |
| 2010 | $102,784 + $52,664 $155,448 | $1,810 |
| 2009 | $102,259 + $52,396 $154,655 | $1,809 |
| 2009 | $102,016 + $52,271 $154,287 | $1,809 |
| 2008 | $100,254 + $51,369 $151,623 | $1,714 |
| 2007 | $98,289 + $50,362 $148,651 | $1,655 |
$1,550,000
CRMLS
Sold 2023-07-19
$1,300,000
SanDiegoMLS
Listed 2023-06-02
$1,399,500
SanDiegoMLS
Listing removed 2023-05-01
$0
SanDiegoMLS
Price Changed 2023-04-06
$1,449,500
SanDiegoMLS
Price Changed 2023-03-02
$1,499,500
SanDiegoMLS
Price Changed 2023-02-17
$1,574,500
SanDiegoMLS
Listed 2023-02-01
$1,599,500
SanDiegoMLS
Sold 2016-05-02
$585,000
Public Record
Sold 1980-05-16
$60,000
Public Record
Year Built: 2018
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 6
Property Attached: Yes
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor
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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.