$468,000
●
House -
Off Market
4138 Lois. St.
La Mesa, CA 91941
4 Beds
2 Baths
1,893 Ft²
$888,667
RealtyHop Estimate
91.11%
Since Nov 1, 2015
CA-San Diego
Primary Model
About This Property
Enjoy the outdoors & views from your over 9,000 sf terraced yard.
Stunning, 4 bedroom, 2 bath picture perfect home, great for
entertaining. Light & bright kitchen, w/tile flooring, granite
counters, stainless steel sink, recessed lights, mosaic natural
stone & glass solid wall splash, upgraded fixtures & stainless
refrigerator. Refinished hardwood floors, w/dark oak finish,
re-textured walls & ceilings. See supplement remarks below.
Neighborhoods: La Mesa Equipment: Dryer,Garage Door Opener,
Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected
Topography: LL,GSL
Unit Size
1,893 Ft²
Days on Market
51 days
Land Size
-
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate Calculator
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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: 4 months ago (SDMLS #150047899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed by Gene Bowman Realty | $995,000 | |
| Listed by Gene Bowman Realty | |||
| | |||
|
Welcome to this charming home in the heart of La Mesa, offering not only a cozy living space but also an incredible opportunity for future expansion. Nestled on a generous lot, this property is perfect for those looking to create something truly special. Situated on an expansive lot, this property provides the space and flexibility you've been searching for. Whether you're looking to add a pool, garden, or additional structures, the possibilities are endless. With Approved ADU Permits, you’re ready to build a granny flat, guest house, or income-producing rental unit—ideal for multigenerational living or capitalizing on San Diego's booming rental market. Located in the highly desirable La Mesa community, you'll enjoy the charm of this suburban neighborhood while being just minutes from downtown La Mesa, local parks, shopping, dining, and easy access to major highways. With the added benefit of ADU permits, this home not only offers immediate comfort but also significant long-term investment potential. Whether you're planning to expand your living space or capitalize on rental income, this property is a fantastic value. This is an exciting opportunity for buyers looking to create their own ideal living space in a vibrant and growing community. Don’t miss out on this rare gem—schedule your showing today and start envisioning the future possibilities!
| |||
| Oct 14, 2022 | No longer available | - | |
| No longer available | |||
| Sep 27, 2022 | Price Increased |
$989,000
↑ $64K
(6.9%) | |
| Price Increased | |||
| Sep 17, 2022 | Listed by Compass | $925,000 | |
| Listed by Compass | |||
| | |||
|
Will not last! Seller is very motivated! Seller is possibly willing to help Buyer BUY DOWN INTEREST RATE. This beautifully remodeled home in the popular Rolando Park neighborhood has extra income potential by building an ADU/Guest house on the upper yard with its own alley access! A new roof was added in 2017 and new solar in 2020. This home also has the perfect floor plan for a multigenerational household with 3 BR on the 1st floor and a beautiful Master bedroom suite and office space on the 2nd floor. The multi-level terraced yard offers privacy and a wonderful space for entertaining with incredible views! This is a must see property! The manager has listed the unit size as 1893 square feet.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About La Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Colette Lipsey, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150047899
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150047899
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