$445,000
●
House -
Off Market
7575 Seneca
La Mesa, CA 91942
2 Beds
1 Bath
846 Ft²
$806,758
RealtyHop Estimate
77.31%
Since Feb 1, 2017
CA-San Diego
Primary Model
About This Property
La Mesa! Super large lot and an adorable 2bed 1bath home, oversized
2car detached garage, located within walking distance to
downtown.This home has been updated throughout upgrades include,
solar (2012), tank less water heater (2013), dual panned windows
(2012), kitchen remodel (2015) bathroom remodel (2012). The lot is
15,500 sqft of level land with drive though access plenty of room
for RV parking and other features include, forced air heating,
butcher block counter tops, lots of storage see supplement
Neighborhoods: La Mesa Acres Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
846 Ft²
Days on Market
45 days
Land Size
0.36 acres
Price per sqft
$538
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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 #160063030)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2021 | No longer available | - | |
| No longer available | |||
| Sep 19, 2021 | In contract | - | |
| In contract | |||
| Sep 10, 2021 | Listed by Compass | $625,000 | |
| Listed by Compass | |||
| | |||
|
La Mesa bungalow on a huge flat lot! Private magical patio with white light ambiance and an outdoor kitchen area. A Flagstone path leads to a large garden bed area, within a fully fenced section along with space for chickens. Lot could easily accommodate a granny flat if you so choose. Ask about the grey water system! Many mature fruit and citrus trees. Original hardwood flooring, a lovely updated kitchen and enclosed patio are just a few features to explore. Solar is paid for. Come explore! The manager has listed the unit size as 846 square feet.
| |||
| Jan 13, 2017 | Sold | ||
| Sold | |||
| Nov 29, 2016 | Listed by Whelan Properties | $455,000 | |
| Listed by Whelan Properties | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Mesa
Similar Homes for Sale
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Listed by: Sue Bertell, Whelan Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160063030
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160063030
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