$380,000
●
House -
Off Market
7355 West Point Ave
La Mesa, CA 91942
2 Beds
1 Bath
874 Ft²
$725,478
RealtyHop Estimate
81.82%
Since Jul 1, 2016
CA-San Diego
Primary Model
About This Property
Desirable La Mesa house for sale. Mid century original with minor
upgrades in kitchen. View. Neighborhoods: university part
Equipment: Dryer, Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: RSLP
Unit Size
874 Ft²
Days on Market
74 days
Land Size
-
Price per sqft
$457
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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 #160019229)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2017 | Sold | ||
| Sold | |||
| Jan 30, 2017 | Listed by Karchin.com | $550,000 | |
| Listed by Karchin.com | |||
| | |||
|
From your master bedroom suite your view is to the South & West to the Pacific Ocean. Your private oasis has 10 ft. ceilings, private deck looking East to Mt. Helix, & a walk-in closet with double shelving. A dual sink vanity with floor-to-ceiling tiled shower completes the new addition. Below, on the first floor, is an unfinished 400 sf room that is permitted & can be used for storage, shop, or an additional bedroom. The existing structure has been completely renovated. Neighborhoods: UNIVERSITY Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Jun 24, 2016 | Sold | ||
| Sold | |||
| Apr 11, 2016 | Listed by California Lifestyle Property | $399,000 | |
| Listed by California Lifestyle Property | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
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ft²
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Sold On
HOA + Taxes
About La Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Josh McCormack, California Lifestyle Property
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160019229
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160019229
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