$1,055,000
●
House -
Off Market
8518 CHEVY CHASE DR
La Mesa, CA 91941
4 Beds
3 Baths
2,014 Ft²
$4,906
Est. Monthly
About This Property
This versatile and charming 1947-built residence offers
unparalleled northwesterly views, stretching from the iconic Cowles
Mountain all the way to Mount Soledad. Situated just a short walk
from Downtown La Mesa (The Village), this property combines vintage
character w/ modern updates, plus rare multi-generational or
income-potential possibilities. The main level features 3
bedrooms, 2 bathrooms, a wonderful main living space, and an
additional sunroom from which to enjoy incredible views.
Downstairs, you will find a large independent studio with its
own full bathroom and kitchen. The home includes both a 2-car
attached garage as well as a separate driveway for additional
parking. The back yard offers a "park-like" setting with
plenty of space for kids/pets to play.
Unit Size
2,014 Ft²
Days on Market
20 days
Land Size
0.17 acres
Price per sqft
$496
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 8 months ago (SDMLS #260005322SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Berkshire Hathaway HomeServices California Properties | $999,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: Scott Waid, Berkshire Hathaway HomeServices California Properties
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 260005322SD
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 260005322SD
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