$350,000
●
Land -
Off Market
9570 Alto Dr
La Mesa, CA 91941
Studio
0 Bath
$620,719
RealtyHop Estimate
67.76%
Since Oct 1, 2017
CA-San Diego
Primary Model
About This Property
Half an acre Mt. Helix lot w/ incredible views, ready for your
imagination. Attention builders, this is your opportunity to build
a custom dream home in an exclusive neighborhood of Mt. Helix. This
lot has public access and is build-able with sewer connection (see
confidential remarks for more info. on sewer). Close to all:
freeways, shopping, schools and entertainment. Neighborhoods: Mt.
Helix Other Fees: 0 Sewer: Sewer Connected
Unit Size
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Days on Market
200 days
Land Size
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Price per sqft
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Property Type
Land
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HOA Dues
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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 #170010786)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2025 | Relisted | $550,000 | |
| Relisted | |||
| Aug 30, 2025 | Price Decreased |
$490,000
↓ $60K
(10.9%) | |
| Price Decreased | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed | $550,000 | |
| Listed | |||
| | |||
|
Extraordinary opportunity to build your dream house in one of the most desirable neighborhoods in East County San Diego. La Mesa's Mount Helix area. Proposed an elegant and modern 2 story single family residence in a living space of 3,925 SqFt, featuring 5 bedrooms, 3.5 baths. 2 car garage and a valuable and spacious ADU, with 999 SqFt featuring 3 Bed/2 Baths. Impeccable world class design by Innovation Group Design+ Building. Grading plans are under review by the City of La Mesa. Estimated time of release between 4-5 months. Pictures of the home are renderings. Conveniently located. Close to shopping centers, schools, entertainment and easy access to freeway. No Mello Roos, no HOA.
| |||
| Mar 15, 2023 | No longer available | - | |
| No longer available | |||
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About La Mesa
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Listed by: Hedda Parashos, Palisade Realty, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170010786
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170010786
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