$499,000
●
House -
Off Market
4669 Palm Ave
La Mesa, CA 91941
2 Beds
1 Bath
874 Ft²
$911,712
RealtyHop Estimate
75.67%
Since Mar 1, 2017
CA-San Diego
Primary Model
About This Property
Charming Craftsman 1BR 1BA plus 13x13 upstairs loft cottage in the
Heart of La Mesa Village. Recently remodeled Kitchen, Bath &
Laundry area. Open beam ceiling, tile, carpet & hardwood floors,
recently painted throughout, inside laundry room. Dutch & french
doors, Private fenced in patio areas & storage shed. Alley access
with loads of extra parking + RV parking. Walk to Village shopping,
churches, restaurants & all!. Neighborhoods: La Mesa
Architectural Style: Craftsman/Bungalow View:
Craftsman/Bungalow Equipment: Dryer, Range/Oven, Washer
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
874 Ft²
Days on Market
63 days
Land Size
0.16 acres
Price per sqft
$594
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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 #160063571)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2020 | Sold | ||
| Sold | |||
| Dec 7, 2019 | Listed by Compass | $700,000 | |
| Listed by Compass | |||
| | |||
|
Charming Craftsman Cottage in the heart of La Mesa Village. Fully remodeled interior. Custom wall paper and tile bath, Open beam vaulted ceiling, luxury vinyl plank floors, Dutch & French doors. Large private yard w/covered outdoor living area creating the ultimate indoor/outdoor lifestyle. Alley access w/loads of parking + RV parking. Airstream is negotiable for purchase as well. Walk to village shopping, coffee shops, restaurants, bars! Zoned R2, could be commercial as well as partially historical. Neighborhoods: La Mesa Village Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Feb 3, 2017 | Sold | ||
| Sold | |||
| Dec 2, 2016 | Listed by United Real Estate San Diego | $519,000 | |
| Listed by United Real Estate San Diego | |||
Property Highlights
Parking Available
Garage
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: Jill Smith, United Real Estate San Diego
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160063571
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160063571
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