1022 La Mesa Avenue
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Listed by eXp Realty of California, Inc. | $800,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Experience elevated living with sweeping views of the Coronado Bridge from this beautifully updated two-story home, perfectly positioned at the end of a quiet Spring Valley cul-de-sac. Designed with entertainers in mind, the home welcomes you with bright, open spaces that transition seamlessly to multiple outdoor patios and view-filled balconies. Morning coffee, golden-hour gatherings, or weekend hosting — every moment feels connected to the scenery. Inside, the thoughtfully remodeled kitchen serves as the heart of the home, offering quality finishes and a layout that flows naturally into the dining and family areas. The result is an easy, comfortable environment that supports both everyday living and larger celebrations. Outdoor living truly shines here. Mature landscaping, private yard spaces, and several elevated balconies create a collection of inviting retreats — all oriented to capture expansive, panoramic sightlines. Additional features include generous garage and driveway parking, energy-efficient components that convey with the home, and a location that offers quick access to local shopping, dining, parks, hiking trails, and major commuter routes. A rare blend of privacy, views, and intentional upgrades — this home invites you to enjoy the best of Spring Valley living.
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| Dec 31, 2012 | Sold | ||
| Sold | |||
| Oct 19, 2012 | Listed by Keller Williams SD Metro | $399,000 | |
| Listed by Keller Williams SD Metro | |||
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About La Presa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017