NOT LISTED FOR SALE

4525 Spring St La Mesa, CA 91941

7 Beds
3 Baths
2,910 Sq Ft
1959 Built

Last Sold May 21, 2024

Last sale price $1,280,000 $440 Per Sq Ft

Highlights

  • Central Air
  • Level Lot
  • Heating Available
  • Partially Fenced Property

About This Home

As of May 2024

WELCOME TO OUR SLICE OF PARADISE IN THIS CHARMING TRIPLEX IN THE HEART OF LA MESA. THIS TRIPLEX OFFERS A UNQUE OPPORTUNITY, WITH A LOVELY 3 BED 1 BATH SINGLE FAMILY HOUSE W/ 1,110 SQFT AND A DETACHED 2 CAR GARAGE. CHARMING DUPLEX OF 2 BED 1 BATH W/ 900 SQFT WITH A DETACHED GARAGE FOR BOTH UNITS. ALL ELECTRICAL AND PLUMBING UPGRADES. 3 YEAR OLD ROOF FOR THE DUPLEX UNITS. VERY NICE NEIGHBORHOOD, 2 BLOCKS AWAY FROM DOWNTOWN LA MESA WITH MULTIPLE RESTAURANTS, WINERIES AND MORE. TROLLEY IS ALSO NEAR BY. LIVE IN FRONT AND RENT THE BACK DUPLEX FOR INCOME. VERY WELL MAINTAINED. SHOWN WITH ACCEPTED OFFER- DON'T DISTURB TENANTS. PLEASE

Last Agent to Sell the Property

Maximo Perez

Anchor Funding, Inc. License #02140854 Listed on: 03/13/2024

Last Buyer's Agent

Adrian Gonzalez

Bridgepoint Realty Inc License #01844618

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Central Air
  • Heating Available
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for sewer, cable TV, electricity, gas/propane
  • Assessor Parcel Number 494-621-0600

Community Details

Overview

  • Association fees include water
  • 2 Buildings
  • 3 Units
  • Triplex Community

Building Details

  • Net Operating Income $49,065

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Fresno Ave
  • Neighborhood: La Mesa
  • Stories: 2 Story
  • Sale Price List Price: 0.93
  • Total Stories: 2
  • Year Built: 1959
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Combination Heating

Condo/Co-op/Association

  • Complex Name: Triplex
  • Community: LA MESA
  • Home Owner Association Fee Includes: Water

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access
  • Topography: Level
  • Zoning: R-3
  • Assessor Parcel Number: 494-621-0600

Rental Info

  • Tenant Pays: Sewer, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 49065
  • Gross Rent Multiplier Actual: 18.3
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

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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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold $1,280,000 -7.2% $440 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $1,380,000 -- $474 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maximo Perez

    Seller's Agent in 2024

    Maximo Perez

    Anchor Funding, Inc.

    (760) 521-1724

    20 Total Sales

    Maximo Perez
    Section Image
  • Adrian Gonzalez

    Buyer's Agent in 2024

    Adrian Gonzalez

    Bridgepoint Realty Inc

    (858) 735-9977

    40 Total Sales

    Adrian Gonzalez
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240005396

San Diego MLS
California San Diego County La Mesa 91941

4525 Spring St, La Mesa, CA

Not Listed for Sale

MultiFamily

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