$900,000
●
House -
Off Market
4268 Olive Avenue
La Mesa, CA 91941
3 Beds
2 Baths
1,280 Ft²
$4,420
Est. Monthly
About This Property
Space to Live, Grow, and Entertain! This beautifully remodeled 3
bed, 2 bath La Mesa home sits on a sprawling 0.25-acre lot,
offering endless possibilities for outdoor living. Inside, you'll
find a stylish kitchen with designer grey shaker cabinets, updated
bathrooms with modern fixtures, and new flooring throughout. Enjoy
the convenience of AC mini-splits and the peace of mind knowing no
detail was overlooked in this renovation. With top-rated schools
(Helix Charter!) across the street and La Mesa's charming downtown
just a short stroll away, this is the perfect place to call home!
This La Mesa gem underwent a complete transformation! No
expense was spared in creating a modern masterpiece. Fall in love
with the sleek kitchen, featuring designer grey shaker cabinets and
high-end appliances. Unwind in the spa-inspired bathrooms with
custom tile work. New flooring, windows, and AC mini-splits
complete the picture. Plus, the expansive 0.25-acre lot is a blank
canvas for your dream backyard! Located in the heart of La Mesa,
with top schools and a vibrant downtown just moments away.
Unit Size
1,280 Ft²
Days on Market
37 days
Land Size
-
Price per sqft
$703
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 2 years ago (CRMLS #250019459SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | Listed by Compass | $900,000 | |
| Listed by Compass | |||
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by Fletcher Properties, Inc. | $675,000 | |
| Listed by Fletcher Properties, Inc. | |||
| | |||
|
This is a home with a great potential and possibility to build more! Large lot on a quiet street. Schools within walking distance. Home Depot is a few minutes away. Buyers to verify all information.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About La Mesa
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Listed by: Joe Corbisiero, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250019459SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250019459SD
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