$1,350,000
●
House -
Off Market
8623 Sunrise Ln
La Mesa, CA 91941
5 Beds
3 Baths,
1
Half Bath
3,086 Ft²
$2,121,465
RealtyHop Estimate
57.15%
Since Sep 1, 2019
CA-San Diego
Primary Model
About This Property
Magnificent Private Estate nestled in the Hills of La Mesa Village!
This Mediterranean Beauty sits on just under an acre of land
w/dramatic landscape & breath taking sunset views. Interior boasts
a spectacular Chefs Kitchen w/Illuminated Translucent Quartzite
counters, Mahogany cabinetry, & Sub-Zero/Wolf appliances. Step
through the La Cantina Door to the incredible outdoor living
space:Fireplace,TV,BBQ area to entertain. Host family n the
detached Granny Flat w/kitchen & Bath. RV/Boat Parking & AutoShop!
This home has SOOO many great features to list including:
Granny Flat (Casita) 28'x12' with elevated ceilings, full kitchen &
Bathroom. SOLAR is OWEND 28 Panels!! 8.82KW PV System - Stella
Solar - 25 years warranty & 28 years on the panels. The property
Features: RV & Boat Parking, plenty of storage with 2 sheds - 1
very large insulated shed with electricity, outdoor dog kennel,
custom ADT Alarm system, Artificial Turf, Outdoor Kitchen with
custom layout and countertop, built in BBQ - Bull Grill & side
burner, refrigerator, & sink, Stylish outdoor LED gas fireplace,
Custom water fountain. A complete Home Automation System by
Control4 -Smart lighting, Climate control, Home Theater, Drapery
Control. Whole House Audio System, 8 outdoor Security Cameras/DVR
with Wifi Control. Drip Irrigation system with WIFI control. Whole
House Fire Sprinkler System, Central Vacuum System, Kitchen Boasts
- Custom LED Translucent Quartzite Countertops, Custom Mahogany
Cabinets with hand carved corbels, Sub-Zero & Wolf appliances - 30"
Built in Refrigerator, 24" Built in Freezer, 36" two drawer
undercounter refridgerator (cabinet), 24" undercounter wine
refrigerator, 4 Burner gas cooktop with griddle, Oven & Convection
Steam Oven, Waterstone Faucets & Hardware, 12' Mahogany La Cantina
door to outside, Walk-In Pantry with motion lighting, Wine Closet.
Other features: Home- Dual Master Bedrooms with closet built ins,
All Bedrooms have built in closets, Gas Fireplace in both living
roo...
Unit Size
3,086 Ft²
Days on Market
57 days
Land Size
0.73 acres
Price per sqft
$437
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
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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 #190034088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by Pierce & Co. | $1,350,000 | |
| Listed by Pierce & Co. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About La Mesa
Similar Homes for Sale
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Listed by: Ernest Pierce, Pierce & Co.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190034088
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190034088
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