$710,000
●
House -
Off Market
7438 Orien Ave
La Mesa, CA 91941
4 Beds
3 Baths
1,592 Ft²
$1,187,756
RealtyHop Estimate
62.93%
Since Feb 1, 2019
CA-San Diego
Primary Model
About This Property
Currently accepting back up offers. Contingent upon buyers selling
their home. 3/2 remodeled, ranch style home! Additional 1
bedroom/studio/1 bath income producing space, accessible from a
private entrance with a patio attached. Perfect for an Air BnB,
artist rental, or a private master suite! Completely remodeled
within the last 3 years. New windows, hot water heater, and a/c.
Neighborhoods: Rancho Mission of San Diego Other Fees: 0 Sewer:
Sewer Connected Topography: ,
Unit Size
1,592 Ft²
Days on Market
50 days
Land Size
0.24 acres
Price per sqft
$458
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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Cap Rate Calculator
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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 #180063985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2018 | Listed by Woods Real Estate Services Inc | $729,000 | |
| Listed by Woods Real Estate Services Inc | |||
| Jul 1, 2016 | Sold | ||
| Sold | |||
| May 20, 2016 | Listed by Canvas Real Estate & Investmen | $579,900 | |
| Listed by Canvas Real Estate & Investmen | |||
| | |||
|
FHA & VA welcome!Exquisite remodel w/panoramic mountain views! HUGE 10k+ lot w/ its own private basketball court! Large deck w/mountain views for entertaining & watching the sunsets! Custom chef style kitchen w/new cabinetry, new SS appliances, custom counters, remodeled bathrooms, new floors & carpet, new interior & exterior paint & more! Large granny suite below for in-laws or guests!! Walking distance to schools! Highly desirable school district–Grossmont Unified!! This home has plenty of character! Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL,SSLP
| |||
| Dec 9, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jason Coleman, Woods Real Estate Services Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180063985
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180063985
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