NOT LISTED FOR SALE

4439 Parks Ave La Mesa, CA 91941

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

Sale Details

Date Sold: May 18, 2021

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

8 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • 1-Story Property
  • La Mesa Arts Academy Rated 9+

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
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

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

8,592 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 5, 2021
Sold by
Bought by
Seller's Agent
Josh Dillon
JD Property Management & Realt
Buyer's Agent
Josh Dillon
JD Property Management & Realt
List Price
$699,000
Sold Price
$723,000
Premium/Discount to List
$24,000
3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,500
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0615%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0615%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
0.0603%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 1990

Purchase Details

Closed on
Apr 1, 1983
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$723,000 First American Title Company
-- None Available
-- Fidelity National Title San
-- Fidelity National Title San
$387,000 Chicago Title
$240,000 Fidelity National Title
$4,000 --
$127,000 --
$78,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $614,500
Closed $170,000
Closed $135,000
Closed $300,000
Closed $216,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,583 $782,595 $418,276 $364,319
2024 $9,583 $767,251 $410,075 $357,176
2023 $9,311 $752,208 $402,035 $350,173
2022 $9,227 $737,459 $394,152 $343,307
2021 $6,465 $491,499 $262,693 $228,806
2020 $6,381 $486,460 $260,000 $226,460
2019 $5,794 $430,000 $227,000 $203,000
2018 $5,529 $410,000 $217,000 $193,000
2017 $5,323 $385,000 $204,000 $181,000
2016 $4,894 $350,000 $186,000 $164,000
2015 $4,856 $350,000 $186,000 $164,000
2014 $4,518 $325,000 $173,000 $152,000
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

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