$660,000
●
House -
Off Market
6823 Alamo Way
La Mesa, CA 91942
2 Beds
1 Bath
856 Ft²
$3,433
Est. Monthly
About This Property
A rare opportunity to own a home that balances vintage character,
modern updates and future potential all in a desirable setting. The
location is just as appealing as the home itself. Nestled in a
wonderful neighborhood, you'll love being able to walk to the
nearby elementary school and park. Plus, with quick access to both
the 8 and 94 freeways, commuting and exploring the rest of San
Diego is effortless. Set on an oversized lot, this property offers
incredible flexibility. Whether you dream of expanding the existing
home, building an addition, or adding an ADU in the spacious back
yard, the possibilities are wide open. The lot provides room to
grow while still maintaining the charm of a classic bungalow. The
interior original parquet flooring adds warmth and character while
the updated kitchen and bathroom is designed for today. Natural
light filters in from secondary windows inviting a cozy atmosphere
and a larger family room off the kitchen features a brick
fireplace. Welcome home.
Unit Size
856 Ft²
Days on Market
42 days
Land Size
0.15 acres
Price per sqft
$817
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 (SDMLS #250037416SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by RE/MAX Hometown, Realtors | $699,000 | |
| Listed by RE/MAX Hometown, Realtors | |||
Property Highlights
Garage
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: Vicki Yourczek, RE/MAX Hometown, Realtors
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250037416SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250037416SD
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