$1,387,800

4003 Paula St La Mesa, CA 91941

Estimated payment $8,989/month

Total Views 7,975
5 Beds
5 Baths
2,331 Sq Ft
$595 Price per Sq Ft

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.

Listing Agent

Carlos Pedroncelli

Keller Williams Realty License #02099078 Listed on: 05/08/2025

Keller Williams Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,888

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Paula and Hoffman
  • Neighborhood: vista la mesa
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1970
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Utilities

  • Cooling: Central Forced Air, Wall/Window

Condo/Co-op/Association

  • Complex Name: La Mesa
  • Community: LA MESA
  • Manager Name: Sunrise Management

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 474-312-11-00
  • Estimated Lot Sq Ft: 6001

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 16.0
  • Gross Sched Income Actual: 86280
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 0.0% $601 / Sq Ft
05/06/2021 05/06/21 Rented $2,995 0.0% --
05/06/2021 05/06/21 Under Contract -- -- --
04/25/2021 04/25/21 For Rent $2,995 0.0% --
04/22/2021 04/22/21 Under Contract -- -- --
04/21/2021 04/21/21 For Rent $2,995 0.0% --
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
Source: San Diego MLS

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
Source: Public Records

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: Public Records

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Source: San Diego MLS

MLS Number: 250025789

San Diego MLS

APN: 474-312-11