$642,000
●
House -
Off Market
7892 Normal Ave
La Mesa, CA 91941
3 Beds
3 Baths
1,764 Ft²
$1,051,199
RealtyHop Estimate
61.97%
Since Oct 1, 2018
CA-San Diego
Primary Model
About This Property
Sweeping views, great neighborhood, sparkling pool w/HUGE .33 acre
lot (2 parcels)! Spacious living areas washed in natural
sunlight, loving lived in & maintained over the years w/many
systems upgrades: Dual pane windows, newer HVAC, new water heater,
beautiful Sun Room addition, new balcony/deck off living room.
Gas/wood burning fireplace, tranquil hillside & evening lights
views, extra-large master bedroom, bonus family room, dining room
open to kitchen. Walking distance to the Village! ADU potential!
Two parcel numbers sold together with approximately 14,218
sf, fairly-level combined lot. Possible Accessory Dwelling Unit, or
other future development potential. Buyer to investigate and
confirm with City of La Mesa for ADU or other development options
and requirements for 2nd 7,318 sf parcel (APN: 470-441-10-00 with
same address, Land Use: Residential Vacant Land.).
Neighborhoods: Windsor Hills Equipment: Pool/Spa/Equipment,
Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography:
GSL,
Unit Size
1,764 Ft²
Days on Market
63 days
Land Size
0.33 acres
Price per sqft
$368
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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: 5 months ago (SDMLS #180041213)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $649,000 | |
| Listed | |||
| | |||
|
Tamara Z (Zyhylij) GRI, ePro, CNE Your Real Estate Consultant & REALTOR, CalBRE #01368097 Ascent Real Estate Direct: (619) 865-1389 www.TamaraZhomes.com 410 Kalmia St., San Diego, 92101 The manager has listed the unit size as 1764 square feet.
| |||
| Jul 25, 2018 | Listed by Coldwell Banker West | $649,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
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Sold On
HOA + Taxes
About La Mesa
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Listed by: Tamara Z Zyhylij, Coldwell Banker West
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180041213
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180041213
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