4003 Paula St La Mesa, CA 91941
Estimated payment $8,653/month
About This Home
Excellent investment opportunity, live in one and rent out the other featuring two detached, tenant-occupied homes on one lot in La Mesa. The main home (4003 Paula) offers 1,287 sq ft, 3 bedrooms, and 2 baths, renovated in 2021 with off-street parking. The ADU (7132 Hoffman), built in 2021, includes 1,044 sq ft, 2 bedrooms, 2.5 baths, private yard, in-unit laundry, and access to a two-car garage and driveway. Combined rental income is currently $7,140 per month. Both homes feature private yards and modern amenities, centrally located near shopping, dining, and major freeways.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,888
Year Built
- Built in 1970
Lot Details
- 6,001 Sq Ft Lot
- Partially Fenced Property
Home Design
- Stucco Exterior
Interior Spaces
- 1-Story Property
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Community Details
- 2 Buildings
- 2 Units
- La Mesa Community
Listing and Financial Details
- Assessor Parcel Number 474-312-11-00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,888 | $1,275,000 | $612,000 | $663,000 |
| 2024 | $15,888 | $1,250,000 | $600,000 | $650,000 |
| 2023 | $10,895 | $845,170 | $223,547 | $621,623 |
| 2022 | $8,501 | $642,599 | $219,164 | $423,435 |
| 2021 | $3,138 | $210,146 | $71,672 | $138,474 |
| 2020 | $3,091 | $207,993 | $70,938 | $137,055 |
| 2019 | $3,008 | $203,916 | $69,548 | $134,368 |
| 2018 | $2,962 | $199,919 | $68,185 | $131,734 |
| 2017 | $2,938 | $196,000 | $66,849 | $129,151 |
| 2016 | $2,897 | $192,158 | $65,539 | $126,619 |
| 2015 | $2,902 | $189,273 | $64,555 | $124,718 |
| 2014 | $2,820 | $185,566 | $63,291 | $122,275 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | For Sale | $1,387,800 | +11.0% | $595 / Sq Ft |
| 10/13/2023 10/13/23 | Sold | $1,250,000 | -1.6% | $536 / Sq Ft |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- |
| 09/03/2023 09/03/23 | Price Changed | $1,270,000 | -9.3% | $545 / Sq Ft |
| 07/27/2023 07/27/23 | For Sale | $1,400,000 | +12.0% | $601 / Sq Ft |
| 07/10/2023 07/10/23 | Off Market | $1,250,000 | -- | -- |
| 07/04/2023 07/04/23 | For Sale | $1,400,000 | +122.2% | $601 / Sq Ft |
| 03/08/2021 03/08/21 | Sold | $630,000 | -3.4% | $490 / Sq Ft |
| 02/12/2021 02/12/21 | Pending | -- | -- | -- |
| 11/12/2020 11/12/20 | For Sale | $651,900 | -- | $507 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,250,000 | First American Title | |
| Deed | -- | First American Title | |
| Grant Deed | $630,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $725,000 | New Conventional | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $275,000 | Commercial | |
| Previous Owner | $303,750 | New Conventional | |
| Previous Owner | $417,600 | Fannie Mae Freddie Mac | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $225,000 | Unknown | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $145,500 | Unknown | |
| Previous Owner | $98,264 | No Value Available |
Source: San Diego MLS
MLS Number: 250025789
APN: 474-312-11
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