$715,412
●
House -
Off Market
7280 Cornell Avenue
La Mesa, CA 91942
2 Beds
1 Bath
798 Ft²
$3,433
Est. Monthly
About This Property
Live in La mesa! This 2 bedroom, 1 bathroom DETACHED home is
ready for its new owner. This property has a great mix of
original charm and modern updates. The original hardwood
floors and built-in cabinets pair well with the modern convenience
of the updated Kitchen and bathroom. Additional value adds
include dual pane windows, updated HVAC, a tankless water heater,
and a newer roof. The front yard is beautifully landscaped
with modern hardscape to compliment the curb appeal. The
backyard is a good size with additional space behind the garage
that would be perfect for a garden. The detached single car
garage has an additional room on the side that houses the
washer/dryer. The long driveway allows for multiple vehicles
to enjoy off street parking. Just 2 miles from downtown La
Mesa, close to the Kroc Center and centrally located, this is the
house you have been waiting for!
Unit Size
798 Ft²
Days on Market
23 days
Land Size
0.11 acres
Price per sqft
$876
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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 #PTP2506723)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Coldwell Banker West | $699,000 | |
| Listed by Coldwell Banker West | |||
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: Sarah Heck, Coldwell Banker West
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2506723
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2506723
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