$555,000
●
House -
Off Market
8885 Lemon Ave
La Mesa, CA 91941
3 Beds
2 Baths
1,628 Ft²
$913,846
RealtyHop Estimate
63.19%
Since Nov 1, 2018
CA-San Diego
Primary Model
About This Property
REDUCED!REDUCED! Phenomenal opportunity in La Mesa! Enjoy open
floor plan with mid-century charm. Natural light fills the home via
floor-to-ceiling windows. Home boasts hardwood floors, fireplace,
custom built-ins, Large detached Garage with alley access, central
heating and Solar ( only $75/month)! This property is just a short
walk from La Mesa Village, allowing you to enjoy fantastic
restaurants, bars, entertainment, shopping and more. Neighborhoods:
La Mesa Equipment: Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,628 Ft²
Days on Market
88 days
Land Size
0.18 acres
Price per sqft
$344
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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: 4 months ago (SDMLS #180039740)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Price Decreased |
$560,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Sep 5, 2018 | Price Increased |
$565,000
↑ $5K
(0.9%) | |
| Price Increased | |||
| Aug 23, 2018 | Listed | $560,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 1628 square feet.
| |||
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Property Highlights
Parking Available
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: Miguel Contreras, Dwell Well Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039740
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039740
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