7521 Sturgess Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by eXp Realty of California, Inc. | $750,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Welcome to 7521 Sturgess Ave – A beautifully updated 1940s bungalow in the heart of La Mesa, featuring a massive detached garage perfect for indoor/outdoor living, hobbies, or future ADU potential! This 2 bed, 1 bath home blends classic charm with modern upgrades and thoughtful design throughout. Step up to a private front yard and covered porch ideal for morning coffee. Inside, enjoy abundant natural light, refinished hardwood floors, fresh paint, and a custom built-in electric fireplace—perfect for cozy evenings. The open kitchen is a dream with quartz counters, stainless appliances, new electrical, and ample storage—ideal for hosting and entertaining. Stay comfortable year-round with 3 newer mini-split A/C units, a tankless water heater, remodeled bathroom, new roof, and paid solar. Now, back to that incredible garage: oversized with open-beam ceilings, full electrical, water access, washer/dryer, and built-in workbench. Whether you're into car projects, want a mancave, hobby space, workshop, party zone, or plan to host guests—it’s ready for it all. A rare, flexible space with true potential. Just minutes from La Mesa Village, local schools, and quick freeway access, this turnkey gem has it all!
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| Jan 31, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017