NOT LISTED FOR SALE

4535 Acacia Ave La Mesa, CA 91941

5 Beds
3 Baths
2,300 Sq Ft
1940 Built

Last Sold February 07, 2020

Last sale price $910,000 $396 Per Sq Ft

68 Days on Market

Highlights

  • Property is Fully Fenced
  • La Mesa Arts Academy Rated A-
  • Wood Siding

About This Home

As of February 2020

Beautiful Acacia Avenue triplex for sale in the heart of the La Mesa Village. Trolley station, great restaurants, Friday night Farmer’s market are right around the corner. This is a wonderful investment opportunity for an owner occupier or a seasoned investor. Nice light and airy units, three 1 car garages with potential to add additional onsite parking.This property could shine even brighter with new paint and a little landscaping. Sorry no FHA or VA Financing.

Last Agent to Sell the Property

Brian Raynoha

Apartment Advisors Inc. License #01798711 Listed on: 11/14/2019

Last Buyer's Agent

Ron Mazzano

Ron Mazzano, Broker License #00344222

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 470-611-12

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • The Village Triplex Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $43,254

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Finley
  • Neighborhood: La Mesa Village
  • LP / Sq Ft: 17.58
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1940
  • 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, Wood
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: The Village Triplex
  • Pets Allowed: Yes
  • Community: LA MESA
  • Manager Name: Brian
  • Manager Phone: 858.869.9290

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: HELIX WATER DISTRICT
  • Assessor Parcel Number: 470-611-12
  • Water District URL: http://www.hwd.com

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 43254
  • Annual Expense Actual: 21955
  • Annual Expense Projected: 21955
  • Gross Rent Multiplier Actual: 14.28
  • Gross Rent Multiplier Projected: 12.48
  • Gross Sched Income Actual: 66540
  • Gross Sched Income Projected: 76100
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Range of Values:

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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 Change Sq Ft Price
02/07/2020 02/07/20 Sold $910,000 -1.6% $396 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $925,000 0.0% $402 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
12/09/2019 12/09/19 Price Changed $925,000 -2.6% $402 / Sq Ft
12/09/2019 12/09/19 For Sale $950,000 0.0% $413 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $950,000 -- $413 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190061427

San Diego MLS

APN: 470-611-12-00