$417,000
●
House -
Off Market
4610 68th
La Mesa, CA 91942
3 Beds
2 Baths
1,318 Ft²
$747,158
RealtyHop Estimate
86.84%
Since Mar 1, 2016
CA-San Diego
Primary Model
About This Property
Corporate Owned Opportunity! Home sits back off the street with
nice sized front yard and large pool sized backyard - 13,939sf lot!
Plenty of space for extra parking or RV. Living room with FP and
lots of windows. Separate dining room. Exterior laundry room has
double sinks and accesses the storage area under the house. Home is
in need of numerous repairs throughout but has the potential to be
great again! See Confidential Remarks & attachments. Neighborhoods:
La Mesa Equipment: Shed(s) Other Fees: 0 Sewer: Sewer
Connected Topography: GSL
Unit Size
1,318 Ft²
Days on Market
27 days
Land Size
0.32 acres
Price per sqft
$303
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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 #160005152)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2016 | Sold | ||
| Sold | |||
| Jul 2, 2016 | Listed by PacBLU | $599,000 | |
| Listed by PacBLU | |||
 | |||
|
Not only is this home a renovated classic, Rolando-area home on nearly 1/3 acre but zoning allows a SECOND LOT/HOUSE. Either build a second home or a stay-cation pool etc area in your huge backyard. What a VALUE!? New driveway leads to detached car garage... Gleaming refinished hardwood floors, custom tile, all new gourmet kitchen, new baths & so much more!! New front yard landscaping. Possibility of building a second house on the lot per City (Buyer to call city & confirm). Neighborhoods: Rolando area Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
| Feb 25, 2016 | Sold | ||
| Sold | |||
| Jan 29, 2016 | Listed by Triad Properties | $399,900 | |
| Listed by Triad Properties | |||
Property Highlights
Fireplace
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
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Listed by: Katie Taylor, Triad Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160005152
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160005152
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