$497,500
●
House -
Off Market
8030 University Ave
La Mesa, CA 91942
3 Beds
1 Bath
992 Ft²
$791,151
RealtyHop Estimate
59.03%
Since May 1, 2019
CA-San Diego
Primary Model
About This Property
Charming 3 bedroom cottage located in the great La Mesa community!
There are multiple upgrades throughout including wood floors, all
vinyl windows, upgraded kitchen and bathroom, beautiful trex deck,
low maintenance backyard and vinyl fencing. This adorable home is
located within walking distance to many stores and restaurants.
Garage was converted to granny flat with bathroom and kitchenette.
Neighborhoods: La Mesa Equipment: Dryer Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
992 Ft²
Days on Market
46 days
Land Size
0.09 acres
Price per sqft
$502
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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 #190009696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Jul 19, 2022 | Listed by HomeSmart Realty West | $769,999 | |
| Listed by HomeSmart Realty West | |||
| | |||
|
Check out this charming cottage with a tire swing and white picket fence located in the heart of La Mesa! Walking distance to all of your favorite stores and restaurants so you can leave your car at home and save money on Gas. Upgraded kitchen appliances, light fixtures and recently added artificial turf, and AC/furnace units. Need more space.......Garage was converted by previous owners to granny flat with bathroom and kitchenette!
| |||
| Apr 5, 2019 | Sold | ||
| Sold | |||
| Feb 18, 2019 | Listed by Canter Brokerage | $497,500 | |
| Listed by Canter Brokerage | |||
| Sep 15, 2016 | Sold | ||
| Sold | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Mesa
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Listed by: Daniel Fefferman, Canter Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009696
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009696
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