NOT LISTED FOR SALE

4376 Rosebud Ln La Mesa, CA 91941

10 Beds
10 Baths
7,331 Sq Ft
7,331 Sq Ft Lot

Last Sold August 23, 2023

Last sale price $1,600,000 $218 Per Sq Ft

50 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room
  • La Mesa Arts Academy Rated A-
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of August 2023

5 Units: All 2 bedroom 2 Bath units in La Mesa. Great investment opportunity. Located in desireable La Mesa, only blocks from sought after Helix High School and LMAAC. Minutes from La Mesa Village, Trolley Stops and a short drive to SDSU. Close to the University Ave. cooridor.

Last Agent to Sell the Property

Dan Brophy

Flying Dog Enterprises Inc License #00578892 Listed on: 05/24/2023

Last Buyer's Agent

Nathan Travassos

Cabrillo Properties License #01738960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,968

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 7,331 Sq Ft Lot
  • Lot Dimensions are 143 x 51
  • Two or More Common Walls
  • East Facing Home
  • Chain Link Fence

Parking

  • 3 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Flat Roof Shape
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Mirrored Closets Doors
  • 7,331 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Radiant Heating System
  • Overhead Utilities

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 18 / 480
  • Tax Tract Number 470
  • Assessor Parcel Number 4704801800

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Fuel Expense $1,853
  • Insurance Expense $2,129
  • Professional Management Expense $5,950
  • Trash Expense $1,539
  • Water Sewer Expense $2,537
  • New Taxes Expense $16,000
  • Operating Expense $30,008
  • Gross Income $117,480
  • Net Operating Income $82,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,968

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.80
  • Price Per Unit: 330000
  • Professional Management Expense: 5950.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: La Mesa Acres
  • View: No
  • Water Sewer Expenses: 2537.00
  • Zoning: R4
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4704801800
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: street level
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Price Per Square Foot: 218.25

Exterior Features

  • Direction Faces: East
  • Foundation: Concrete Perimeter
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Heating Type: Radiant, Zoned
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1539.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit, Utilities - Overhead
  • Lot Size: 143 x 51
  • Lot Size Sq Ft: 7331.00
  • Lot Size Acres: 0.1683

Multi Family

  • Average2 Bed Area: 908 Square Feet
  • Fuel Expense: 1853.00
  • Gross Income: 117480.00
  • Gross Scheduled Income: 116388.00
  • Insurance Expense: 2129.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1092.00
  • Lot Size Area: 7331.0000 Square Feet
  • Net Operating Income: 82784.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Drapes: 5
  • Number With Patio: 1
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 33604.00
  • Rent Control: Yes
  • Total Actual Rent: 9699.00
  • Total Expenses: 30008.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Block: 480
  • Tax Lot: 18
  • Tax Tract Number: 470
  • Tax Annual Amount: 9968.00

Range of Values:

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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
08/23/2023 08/23/23 Sold $1,600,000 -3.0% $218 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $1,650,000 -2.9% $225 / Sq Ft
05/24/2023 05/24/23 For Sale $1,700,000 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2302414

California Regional Multiple Listing Service (CRMLS)

APN: 470-480-18-00