$465,000
●
House -
Off Market
7102 Stanford Ave
La Mesa, CA 91942
5 Beds
3 Baths
1,443 Ft²
$919,221
RealtyHop Estimate
53.46%
Since Mar 1, 2020
CA-San Diego
Primary Model
About This Property
BACK on the MARKET!!!!! This GEM in La Mesa sits on a HUGE LOT W/
views in stablished neighborhood. This is an opportunity to own a
home on an ovewrsized lot. This is a PROJECT HOUSE that is just
waiting for the right buyer and the vision to make it unique. The
home also has a non-permitted 1BR/1BA with own entry. Perfect for a
large family, in-law suite, home office or??? Don't miss out on
this diamond in the rough. BACK ON MARKET PENDING
CANCELLATION OF CURRENT ESCROW!!!Please be advised that the second
parcel that is included in this sale is basically the driveway that
leads to the home from Stanford Ave. Per owner, the trees along the
driveway were topped and laced within the last 6-12 months. BUYERS
and AGENTS to verify all prior to COE, including lot boundraies
square fottage, zoning, etc... Home is being sold AS IS. NO BLIND
OFFERS. PLEASE COMPLETE YOUR DUE DELIGENCE BEFORE SUBMITTING OFFER.
Properrty needs updating, this is a fixer project..
Neighborhoods: La Mesa Architectural Style: Custom
Built View: Custom Built Other Fees: 0 Sewer: Sewer
Connected Topography: GSL
Unit Size
1,443 Ft²
Days on Market
56 days
Land Size
-
Price per sqft
$415
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #190064999)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2020 | Sold | ||
| Sold | |||
| Dec 13, 2019 | Listed by Flying Dog Enterprises Inc | $599,000 | |
| Listed by Flying Dog Enterprises Inc | |||
Property Highlights
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: Salvador Carranza, Flying Dog Enterprises Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190064999
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190064999
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