$735,000
●
House -
Off Market
7282 University Avenue
La Mesa, CA 91942
2 Beds
1 Bath
850 Ft²
$3,438
Est. Monthly
About This Property
Unique Mixed-Use Development Opportunity: Residential &
Commercially Zoned C-F-D-MU (General Commercial, Floodway, Urban
Design, and Mixed Use Overlay! Located in the highly desirable
Helix Charter High School boundaries,La Mesa Arts Academy & close
proximity to SDSU! This single story home is move in ready & offers
access to a top-tier, award-winning academic environment ranked
among California's best! The energy efficient single story home
offers; dual-pane windows, recessed lighting, central heating & AC,
solar panels ready for year-round comfort. The kitchen features;
granite countertops, stainless steel appliances, and upgraded
cabinetry, while the bathroom showcases a custom tiled shower, tile
flooring, and modern finishes. The detached two-car garage with
convenient street access provides added flexibility, while the
fully insulated bonus structure is ideal for a home office, art
studio, fitness room, workshop, or additional creative space. Step
outside to a spacious backyard complete with mature citrus
trees-including two orange trees, a lemon tree, and a lime
tree-creating a private setting for entertaining, gardening, or
simply enjoying San Diego's year-round sunshine. Perfectly situated
just minutes from the shops and restaurants of La Mesa Village,
this home is also close to local favorites like Better Buzz Coffee,
shopping, dining, mins to 8 & 94 frwys for an easy commute. Buyer
is advised to conduct their own due diligence of the property and
verify all.
Unit Size
850 Ft²
Days on Market
63 days
Land Size
-
Price per sqft
$824
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 months ago (SDMLS #260015656SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Aug 15, 2026 | Relisted | $700,000 | |
| Relisted | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Listed by R and B Management Corp | $700,000 | |
| Listed by R and B Management Corp | |||
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Property Highlights
Garage
Air Conditioning
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: Beatriz Salgado, R and B Management Corp
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 260015656SD
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 260015656SD
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