$545,000
●
House -
Off Market
4221 Lois Street
La Mesa, CA 91941
4 Beds
2 Baths
1,078 Ft²
$922,987
RealtyHop Estimate
60.52%
Since Apr 1, 2019
CA-San Diego
Primary Model
About This Property
Perfect starter home or rental investor opportunity w/detached
Granny. Currently a profitable vacation rental. Fully
remodeled throughout: kitchen, livingroom w/fireplace, 1Fbath &
3bedrooms. Move In Ready condition. Comes furnished for right
offer. 1Car garage converted to 3rd/bed. Detached Granny Flat, has
1bed/1Fbath, kitchen, & livingroom. Has own entrance side of home.
Perfect Backyard paradise, w/above ground pool, covered patio,
grill, terraced to elevated patio for entertainers delight. Must
See! This is a money maker. Currently a Vacation Rental, home
& granny flat, both fully furnished and making a profit. For
the right offer, you can keep everything. The detached granny is a
1 bedroom, 1 full bath with small kitchenette, living room and own
side entrance to front.. Neighborhoods: Vista La Mesa
Equipment: Dryer, Shed(s), Washer Other Fees: 0 Sewer:
Sewer Connected Topography: GSL,
Unit Size
1,078 Ft²
Days on Market
70 days
Land Size
0.13 acres
Price per sqft
$533
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 5 months ago (SDMLS #180068371)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2019 | Sold | ||
| Sold | |||
| Dec 24, 2018 | Listed by San Diego Home Sales | $575,000 | |
| Listed by San Diego Home Sales | |||
| Oct 28, 2016 | Sold | ||
| Sold | |||
| Aug 31, 2016 | Listed by Harcourts Esquire | $459,500 | |
| Listed by Harcourts Esquire | |||
| | |||
|
Great price for this property located between La Mesa Village and SDSU, this 3 bedroom 2 bath is the perfect starter home. Close to good shopping, dining, and State. Boasting a covered patio in the back along with terraced outdoor living space with a view, this home has been completely renovated and is ready to move in! Make this perfect starter home yours. Still reasonably priced, this is a great opportunity to enter the market. Neighborhoods: La Mesa Other Fees: 0 Sewer: Sewer Connected
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About La Mesa
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Listed by: Robert Bonham, San Diego Home Sales
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180068371
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180068371
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