$1,399,000

4026 Charles St La Mesa, CA 91941

Estimated payment $8,479/month

Total Views 7,398
6 Beds
4 Baths
1,963 Sq Ft
$713 Price per Sq Ft

Highlights

  • Property is Fully Fenced
  • Wood Siding
  • 4-minute walk to Vista La Mesa Park
  • Level Lot
  • 1-Story Property

About This Home

Variance Granted 2-4 Units. Nothing Like It on the Market – 4026–4028 Charles Street. This is a unicorn property with endless potential in a high-demand area. Live stylishly, rent smartly, or whatever you choose – let your real estate work for you. A rare opportunity to own two fully detached, single-story homes on one lot—each w/ 3 bedrooms and 2 bathrooms. One is a brand-new construction ADU (4028 Charles), never lived in. The other is recently renovated w/ quality upgrades throughout. Both homes are completely standalone, offering total privacy w/ no shared walls and no shared utilities (except water). Each unit features: Private entrances, Private yards, Private parking, In-unit laundry, Central HVAC, Separate SDGE meters, & Separate trash pickup. Live in one, rent out the other—or rent both for maximum income potential. With strong rental demand in the area, this is a rare setup that gives you options for house hacking, multi-generational living, or a pure investment play. Need help offsetting the mortgage? The most recent tenants at 4026 Charles were paying $3,895 per month as of May 2025, 4028 Charles is advertised for rent for $3,995. 4026 Charles Street – 1,037 Sq Ft (Recently Renovated) – Open-concept, chef’s kitchen, SS appliances, & tons of upgrades...see supplement. 4028 Charles Street (933 sq. ft.) – Brand New Construction & Fully Permitted - Never lived in. Modern, open-concept floor plan, SS appliances, primary bedroom with en-suite bath, Full-size laundry and utility room, private & low-maintenance yard. Don't let this one slip!

Listing Agent

Derek Harms

Compass License #01903223 Listed on: 06/22/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,765

Year Built

  • Built in 1946

Lot Details

  • 6,300 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 474-301-10-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • La Mesa Community

Building Details

  • Net Operating Income $66,276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,765

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Stuart Avenue
  • Neighborhood: La Mesa
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1946
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 4
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: La Mesa
  • Community: LA MESA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 474-301-10-00
  • Estimated Lot Sq Ft: 6300
  • Estimated Number of Acres: 0.15
  • Map Code Column: F
  • Map Code Page: 1270
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 66276
  • Annual Expense Actual: 28404
  • Gross Rent Multiplier Actual: 14.7
  • Gross Sched Income Actual: 94680
  • Gross Sched Income Projected: 94680
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • 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: 1

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 $8,765 $683,400 $612,000 $71,400
2023 $3,639 $273,406 $126,111 $147,295
2022 $18,303 $268,046 $123,639 $144,407
2021 $18,225 $262,791 $121,215 $141,576
2020 $18,208 $260,098 $119,973 $140,125
2019 $18,175 $254,999 $117,621 $137,378
2018 $15,371 $54,980 $25,360 $29,620
2017 $15,733 $53,903 $24,863 $29,040
2016 $8,513 $52,847 $24,376 $28,471
2015 $953 $52,054 $24,010 $28,044
2014 $926 $51,035 $23,540 $27,495
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $1,399,000 -- $710 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Lawyers Title Company
Grant Deed $369,000 Lawyers Title
Grant Deed -- Fidelity National Title
Quit Claim Deed $260,000 None Available
Grant Deed $250,000 None Available
Grant Deed -- None Available
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,000 New Conventional
Closed $65,000 New Conventional
Previous Owner $557,000 New Conventional
Previous Owner $65,000 New Conventional
Previous Owner $540,700 Construction
Source: Public Records

Similar Homes in the area

  • 6784 Alamo Way, La Mesa, CA 91942

    $1,295,000

    • 4 Beds
    • 3 Baths
    • 2,639 Sq Ft
    • 6784 Alamo Way
    • La Mesa, CA

    Variance granted 2-4 Units. Over $400k in upgrades since 2020! The stunning, remodeled, 2,152 sqft main house has 4 BR / 2 BA and office (5th BR?) and offers a separate & private fully detached, permitted, 487 sqft. studio ADU w/ washer/dryer, exclusive use yard & driveway. Paid for solar. Designer eat in kitchen, huge outdoor deck and fully fenced outdoor area including a 17' x 10' outdoor

    Ryan Jamieson 360 Residential

    Section Image
  • 4003 Paula St, La Mesa, CA 91941

    $1,387,800

    • 5 Beds
    • 5 Baths
    • 2,331 Sq Ft
    • 4003 Paula St
    • La Mesa, CA

    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

    Carlos Pedroncelli Keller Williams Realty

    Section Image
  • 7118 Stanford Ave, La Mesa, CA 91942

    $1,399,900

    • 4 Beds
    • 3 Baths
    • 1,890 Sq Ft
    • 7118 Stanford Ave
    • La Mesa, CA

    Completely remodeled 1,325 sqft main house. Fully permitted. Now it is a 3 bedroom/ 2.5 Bathroom. Vaulted ceilings in the living room. Brand new HVAC, windows, roof, flooring, plumbing, electrical, sewer, water, hardi-board siding. New kitchen cabinets with quartz counters. Primary bedroom has 2 sinks. Primary has a walk-in closet. New landscape. Circular driveway. New asphalt. Brand

    Tino Murguia Rock Realty

    Section Image
  • 4712 Harbinson Ave, La Mesa, CA 91942

    $1,379,000

    • 5 Beds
    • 3 Baths
    • 4712 Harbinson Ave
    • La Mesa, CA

    Two homes one incredible opportunity! Own two beautifully finished homes on a 7,400 sq ft corner lot—perfect for multigenerational living or income-producing potential Convenient location minutes from SDSD and the Village with shops and restaurants. The newly constructed 3BD/2BA home (1,200 sq ft) was intentionally designed and built with its entrance facing Bonita Pl for private, stand-alone

    Simon Arianni Rational Realty, Inc.

    Section Image
  • 6979-81 Amherst St, San Diego, CA 92115

    $1,400,000

    • 6 Beds
    • 3 Baths
    • 2,048 Sq Ft
    • 6979-81 Amherst St
    • San Diego, CA

    Turnkey 3-Unit Investment Property in the Heart of San Diego Step into a fully remodeled, income-generating opportunity in San Diego! This beautifully updated triplex is perfect for a 1031 exchange buyer ready to upgrade from single-family to multi-unit ownership. Renovated in 2024—including the fully permitted third unit (ADU)—this property is move-in ready and built for long-term returns.

    Andrew Greer Real Broker

    Section Image
  • 7201 Amherst St, La Mesa, CA 91942

    $1,675,000

    • 8 Beds
    • 8 Baths
    • 7201 Amherst St
    • La Mesa, CA

    ****NEW CONSTRUCTION***** Start the new year right with 7201 Amherst Street: a true ‘turn-key’ 4plex ,professional built in 2023-2024. ALL four units are 2 BEDROOM / 2 BATH & boast designer finishes , stacked, washer dryers, xl valuted ceilings, and open floorplans with excellent natural lighting. Your future tenants come for the high end finishes, but they stay for the in-unit laundry...

    Abe Peay Bridgepoint Realty Inc

    Section Image
  • 7054-56 Amherst St, San Diego, CA 92115

    $1,478,000

    • 7 Beds
    • 5 Baths
    • 2,556 Sq Ft
    • 7054-56 Amherst St
    • San Diego, CA

    High-Rent Turnkey Duplex Near SDSU – Generating $8,910/Month! Incredible opportunity to own a fully upgraded duplex just minutes from SDSU. This property offers a rare combination of cash flow, quality, and future upside. With both units extensively improved—this is a true plug-and-play investment. Zoned for potential ADUs or garages to further increase income and value. 7056 Amherst – Back

    Joey Belcastro Keller Williams Realty

    Section Image
  • 4874 Palm Ave, La Mesa, CA 91942

    $1,675,000

    • 5 Beds
    • 3 Baths
    • 2,417 Sq Ft
    • 4874 Palm Ave
    • La Mesa, CA

    INCREDIBLE LA MESA LOCATION! Rare opportunity to own a historic property in the heart of La Mesa. This beautiful remodeled 2 unit home has been meticulously maintained and is move in ready. Unit 1 is downstairs and is a 2/2 with 1505 sq. ft. - Unit 2 is upstairs and is a 3/1 with 912 sq. ft. Units offer newer vinyl & vinyl plank flooring, newer kitchens & bathrooms, new paint (unit 2 has new

    Chris Carter Realty Source Incorporated

    Section Image

Source: San Diego MLS

MLS Number: 250031363

San Diego MLS

APN: 474-301-10