$672,500
●
House -
Off Market
8788 Alpine Avenue
La Mesa, CA 91941
3 Beds
2 Baths,
1
Half Bath
1,806 Ft²
$1,114,980
RealtyHop Estimate
48.66%
Since Jul 1, 2020
CA-San Diego
Primary Model
About This Property
Enjoy spectacular views of Mt. Helix from this fantastic La Mesa
Highlands home! Walking distance to Lemon Avenue Elementary and
only five miles from SDSU and 20 mins to downtown, this mid-century
delight offers a tranquil setting with beautiful horizons. Come see
this 11K square foot lot full of mature plantings and a bonus 900
sq ft multi-purpose room with laundry area and half-bath on lower
level, excellent for a home office, art studio or exercise space.
This home has it all! Spectacular daytime and evening views
of La Mesa and Mt. Helix; the beauty and serenity of the La Mesa
Highlands neighborhood; walking distance to shopping/dining in the
Village; bonus multi-purpose room with laundry area and half-bath
on lower level, excellent for a home office, art studio or exercise
space; and proximity to freeways! Enjoy indoor/outdoor living with
expansive decks and drought-tolerant landscaping..
Neighborhoods: La Mesa Highlands Equipment:
Dryer,Garage Door Opener, Washer Other Fees: 0 Sewer:
Sewer Connected
Unit Size
1,806 Ft²
Days on Market
180 days
Land Size
-
Price per sqft
$415
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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Cap Rate Calculator
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Operating Profit Per Year
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 #190065809)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | Listed by Agents of Architecture, Inc. | $1,100,000 | |
| Listed by Agents of Architecture, Inc. | |||
| | |||
|
Enjoy spectacular daytime and evening views of La Mesa and Mt. Helix from this fantastic Highlands home. Walking distance to Lemon Avenue Elementary and shopping/dining in the Village, five miles to SDSU and 20 mins to downtown, this mid-century delight offers a tranquil setting with beautiful horizons. Come see this 11K square foot lot full of mature plantings and a bonus 900 sq. ft. multi-purpose room with laundry area and half-bath on lower level, excellent for a home office, art studio or exercise space.
| |||
| Jun 18, 2020 | Sold | ||
| Sold | |||
| Dec 21, 2019 | Listed by Big Block Realty, Inc. | $749,999 | |
| Listed by Big Block Realty, Inc. | |||
Property Highlights
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: Keith York, Big Block Realty, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190065809
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190065809
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