$545,000
●
House -
Off Market
7795 Normal Ave
La Mesa, CA 91941
3 Beds
2 Baths
1,162 Ft²
$889,535
RealtyHop Estimate
61.76%
Since Apr 1, 2018
CA-San Diego
Primary Model
About This Property
FHA & VA WELCOME! Beautifully updated cottage home in a great
location. Large lot with garage and beautiful park-like Private
Yard! Updated Kitchen with NEW Stainless Steel Appliances. NEW
flooring and windows throughout. Bathroom has been updated and have
newer vanities, tile surrounds. Separate dining area and an eat in
area in kitchen for informal dining. Off the living/dining room
there is a room that can be used as an office, play area, or
separate sitting room. Must See home in a fantastic location!
Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
1,162 Ft²
Days on Market
71 days
Land Size
0.15 acres
Price per sqft
$473
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #180003054)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2018 | Sold | ||
| Sold | |||
| Jan 17, 2018 | Listed by Vertical Real Estate Services | $549,900 | |
| Listed by Vertical Real Estate Services | |||
| Apr 29, 2016 | Sold | ||
| Sold | |||
| Feb 19, 2016 | Listed by Coldwell Banker Res. Brokerage | $375,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
| | |||
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Amazing potential for this cozy home in a prime location. TLC needed, great opportunity for investors or someone eager for DIY projects. Excellent daycare available in the neighborhood, walking distance to schools, shopping, restaurants, civic center, post office, you name it! Large private lot, plenty of space for pets and entertaining. Large garage with storage and added workshop area. Dog run potentially on one side, garden boxes on the other. Updated kitchen with granite and newer cabinets. Fixer. Minor foundation work needed. Baseboards, door frames, outlet covers..mostly cosmetic fixes. Landscaping, deck work, flooring repair, and coat of paint,and you're ready to fix and flip or make it your own.. Neighborhoods: LA Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
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Property Highlights
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
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Price/ft²
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Sold On
Sold On
HOA + Taxes
About La Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Elisa Hammer, Vertical Real Estate Services
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180003054
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180003054
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