NOT LISTED FOR SALE

4439 Parks Ave La Mesa, CA 91941

4 Beds
2 Baths
1,226 Sq Ft
8,592 Sq Ft Lot

Last Sold May 18, 2021

Last sale price $723,000 $590 Per Sq Ft

8 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 1-Story Property
  • Private Yard

About This Home

As of May 2021

Rare Opportunity for Investment Property in Great Location of La Mesa! Prime Corner Lot with plenty of potential and room for improvements. Tons of Character in these 1935 Cottages. Large Yards and parking area. Plenty of Space to add a 3rd Unit! Projected Rents Total $3300-$3500! Bring all offers! See private remarks.

Last Agent to Sell the Property

Josh Dillon

JD Property Management & Realt License #01887992 Listed on: 04/20/2021

Last Buyer's Agent

Josh Dillon

JD Property Management & Realt License #01887992 Listed on: 04/20/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 8,592 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Private Yard
  • Front Yard

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 4704120300
  • Tax Tract Number 91941
  • Assessor Parcel Number 4704120300

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $730
  • Trash Expense $326
  • Water Sewer Expense $700
  • New Taxes Expense $7,000
  • Operating Expense $8,756
  • Gross Income $24,300
  • Net Operating Income $16,444

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • CapRate: 2.30
  • Property Attached: No
  • Water Sewer Expenses: 700.00
  • Zoning: R-4, multiple residentia
  • Property Type: Residential Income
  • Parcel Number: 4704120300
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 589.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Trash Expense: 326.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 8592.00
  • Lot Size Acres: 0.1900

Multi Family

  • Average2 Bed Area: 1800
  • Gross Income: 24300.00
  • Gross Scheduled Income: 24300.00
  • Insurance Expense: 730.00
  • Lot Size Area: 8592.0000 Square Feet
  • Net Operating Income: 16444.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 7856.00
  • Rent Control: No
  • Total Actual Rent: 2025.00
  • Total Expenses: 8756.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 4704120300
  • Tax Tract Number: 91941

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $723,000 -4.9% $590 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/28/2021 04/28/21 Price Changed $760,000 +8.7% $620 / Sq Ft
04/20/2021 04/20/21 For Sale $699,000 -- $570 / 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: PTP2102670

California Regional Multiple Listing Service (CRMLS)

APN: 470-412-03-00