40
Map
$785,000
●
House -
In Contract
3954 Nereis Drive
La Mesa, CA 91941
3 Beds
2 Baths,
1
Half Bath
1,650 Ft²
$3,948
Est. Monthly
$93
HOA / Fees
About This Property
Starlight Terrace View Lot! Delightful 3 bedroom, 2.5 bath home
with 2 car garage. This "original owner" residence offers an
inviting bright and airy open concept floor plan and a variety of
desirable features, both inside and out. Recent improvements
include recessed lighting, updated fixtures, new flooring,
re-textured ceilings, and fresh paint throughout. The expansive
yard includes a large patio area surrounded by mature trees and
landscaping, and backs up to open space, allowing for added privacy
and panoramic views. Property is located in a peaceful neighborhood
near The Village of La Mesa and provides easy access to a community
pool, parks, freeways, schools, shopping, dining, and lots more.
This is a great value for first time buyers, young families, empty
nesters, and investors alike.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$476
Property Type
House
Property Taxes
-
HOA Dues
$93
Year Built
1971
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 12 days ago (SDMLS #260022899SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Listed by Coldwell Banker West | $785,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Workshop
Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, GasCooking
Flooring Type: Carpet, Tile
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1650
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1971
Levels: Two
Construction Materials: Stone
Patio and Porch Features: Patio, Concrete
Pool Features: Community
Lot Size Area: 6600
Lot Size Units: Square Feet
Lot Size Acres: 0.1515
Lot Size Square Feet: 6600
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Other
HOA Fee: $93
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
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HOA + Taxes
About Spring Valley
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Listed by: Deno Merziotis, Coldwell Banker West
Last Updated: 12 days ago
Data Source: CRMLS, MLS# 260022899SD
Last Updated: 12 days ago
Data Source: CRMLS, MLS# 260022899SD
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