$900,000
●
House -
Off Market
4343 Helix Canyon
La Mesa, CA 91941
7 Beds
4 Baths
3,233 Ft²
$1,460,647
RealtyHop Estimate
57.91%
Since Jun 1, 2019
CA-San Diego
Primary Model
About This Property
Property is 4.4 acres comprised of 4 existing contiguous parcels.
An existing 3233 SF house is sited ont he largest 1.79
acre parcel. The home offers a large value-add opportunity,
with existing street-front charm and valley views. In
addition, the property is being sold with a 6-lot tentative map in
process. See supplement for potential property uses.
Please note room measurements are inaccurate. Seller
will entertain offers on Just the house, or just the vacant
parcels, or everything together. Potential Property Uses:
1) pursue TM to yield 6 lots, requires demolition of existing
house. 2) process boundary adjustments among the existing
four lots. The min. lot size of 1/2 acre can be met without
demolition of existing structure. 3) "as is" 4.4 acre
property. Existing structure on 1.79 acres in addition to
three unimproved parcels totaling 2.61 acres.. Neighborhoods:
Mount Helix Other Fees: 0 Sewer: Public Sewer Topography:
LL,GSL
Unit Size
3,233 Ft²
Days on Market
110 days
Land Size
4.40 acres
Price per sqft
$286
Property Type
House
Property Taxes
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Year Built
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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 #190003781)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2019 | Sold | ||
| Sold | |||
| Jan 16, 2019 | Listed by David Santistevan | $925,000 | |
| Listed by David Santistevan | |||
Property Highlights
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HOA + Taxes
About Casa de Oro-Mount Helix
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Listed by: David Santistevan, David Santistevan
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190003781
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190003781
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