$890,000
●
House -
Off Market
6920 Alamo Way
La Mesa, CA 91942
3 Beds
2 Baths
1,146 Ft²
$4,174
Est. Monthly
About This Property
Overflowing with curb appeal and charm, this turn-key 3 bedroom, 2
bath single-level, mid-century cottage is located in the heart of
La Mesa. Featuring original 1950's hardwood flooring, beautiful
streams of natural light and unique large picture windows in the
central living area. Upgrades include a large kitchen with maple
shaker cabinets, granite countertops and stainless appliances.
Adjacent bonus room connected with gorgeous double French
doors, custom built-in storage and banquette seating that could be
a beautiful office, play room, guest room or dining area. Crown
molding throughout, A/C, dual paned energy efficient windows and
exterior French door to side yard. Large grass back yard with
privacy and sectioned areas for garden & dog run. Two car garage
and additional parking in the driveway. Fantastic location just 9
miles from downtown San Diego and close freeway access for
commuting. Minutes to top-rated schools, universities and community
activities.
Unit Size
1,146 Ft²
Days on Market
54 days
Land Size
0.14 acres
Price per sqft
$742
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 (CRMLS #NDP2409094)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Relisted | $850,000 | |
| Relisted | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Keller Williams Realty | $850,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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: Sandra Sarro, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2409094
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2409094
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