NOT LISTED FOR SALE

3665 69th St La Mesa, CA 91941

4 Beds
4 Baths
2,600 Sq Ft
1957 Built

Last Sold December 09, 2016

Last sale price $779,000 $300 Per Sq Ft

111 Days on Market

About This Home

As of December 2016

This is a fantastic opportunity for an investor seeking a property with immediate rental upside with ability to secure 30-year fixed financing. This is property is also ideal for an owner-occupant as the front unit living quarters provide a spacious floorplan that includes a laundry area, bonus room, front yard and an enclosed patio.

Last Agent to Sell the Property

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 08/10/2016

Last Buyer's Agent

Maureen Tess Fieberg

Compass License #01217712

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Home Design

  • Composition Roof

Schools

  • La Mesa Spring Valley School District Elementary And Middle School

Additional Features

  • 1-Story Property
  • 9,649 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 474-551-16-00

Community Details

Overview

  • 4 Units
  • La Mesa Community

Building Details

  • Net Operating Income $32,545

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Duchess
  • Neighborhood: La Mesa
  • LP / Sq Ft: 22.32
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1957
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Complex Name: La Mesa
  • Community: LA MESA

Schools

  • Elementary School: La Mesa Spring Valley School District
  • Elementary School Website: https://www.lmsvschools.org/
  • Middle School Url: https://www.lmsvschools.org/
  • Middle School: La Mesa Spring Valley School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Water District: HELIX WATER DISTRICT
  • Zoning: R-3
  • Assessor Parcel Number: 474-551-16-00
  • Land Use Code: RES
  • Estimated Lot Sq Ft: 9649
  • Water District URL: http://www.hwd.com

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 32545
  • Annual Expense Actual: 18322
  • Annual Expense Projected: 18322
  • Gross Rent Multiplier Actual: 15.22
  • Gross Rent Multiplier Projected: 14.32
  • Gross Sched Income Actual: 52440
  • Gross Sched Income Projected: 55740
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 5
  • Number Of Units With Washers: 1
  • Other Income Actual: 840
  • Other Income Projected: 840.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $779,000 -2.4% $300 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $798,000 -- $307 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James V. Carter

    Seller's Agent in 2016

    James V. Carter

    Apartment Realty Group (ARG)

    (610) 755-1778

    41 Total Sales

    Section Image
  • Maureen Tess Fieberg

    Buyer's Agent in 2016

    Maureen Tess Fieberg

    Compass

    (619) 889-8377

    66 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 160044152

San Diego MLS

California San Diego County La Mesa 91941

3665 69th St, La Mesa, CA

This home is located at 3665 69th St, La Mesa, CA 91941 since 10 August 2016. This property was built in 1957. 3665 69th St is a home located in San Diego County with nearby schools including Vista La Mesa Academy, Mount Miguel High School, and Darnall Charter School.

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