$398,000
●
House -
Off Market
4533 Olive Avenue
La Mesa, CA 91942
2 Beds
1 Bath
784 Ft²
$765,080
RealtyHop Estimate
91.75%
Since Oct 1, 2015
CA-San Diego
Primary Model
About This Property
Don't miss out on this opportunity to own a craftsman bungalow that
is picture perfect! This home has been meticulously cared for
by owners and is move-in ready! Remodeled kitchen with
porcelain tile, stainless appliances, lighting, cabinets and
flooring. Almost new central heating and air conditioning,
that includes wireless thermostat, insulated attic and UV air
purifier. Newer electrical outlets and windows. Large back
yard with wrap around patio and french drains. 2 car garage.
This will go fast! Neighborhoods: Grossmont Architectural Style:
Craftsman/Bungalow View: Craftsman/Bungalow Equipment:
Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
784 Ft²
Days on Market
49 days
Land Size
0.15 acres
Price per sqft
$509
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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 #150039197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 21, 2025 | Relisted | $804,500 | |
| Relisted | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Price Decreased |
$804,500
↓ $21K
(2.5%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
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
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: Rhonda Hebert, Windermere Homes & Estates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150039197
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150039197
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