$785,000
●
House -
Off Market
7310 Waite Drive
La Mesa, CA 91941
2 Beds
2 Baths,
1
Half Bath
1,076 Ft²
$3,855
Est. Monthly
About This Property
Charming and Solid Home in La Mesa with Income Potential Galore.
The Backyard is a Sanctuary. Immaculate Hardwoods throughout. So
Many upgrades: Tankless Water Heater, Electrical system Rewired,
Recessed Lighting, Dual Pane Windows, Shutters, HVAC System.
Interior Laundry Room. Mature Fruit trees -orange, lime,
lemon, etc. Deluxe Trex Deck in Backyard off Dining Room through
Beautiful French Doors. Concrete Pad w/ plumbing for Jacuzzi Tub.
Entertainers Delight. Bring your ideas for the large kitchen - only
project left for the new owner. Assessor Records show 3
bedroom/1.5 bath but owner made one of the bedrooms into a dining
room. Also a large Shed in backyard has been used for family
to stay in, although no bathroom. 1/2 Bath inside house is steps
away. See photos. Lots of potential with this property.
La Mesa/Helix School District. Close to Dining,
Shopping, Schools, Parks, Freeway, Military Bases and 9 miles to
Downtown. New Park planned on Waite Drive at Murray Hill Drive.
Investors: House Was rented for $3000 month up until August
14th.
Unit Size
1,076 Ft²
Days on Market
41 days
Land Size
0.14 acres
Price per sqft
$730
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 (SDMLS #250037087SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Allison James Estates & Homes | $785,000 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: Christina Van Wanseele, Allison James Estates & Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250037087SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250037087SD
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