NOT LISTED FOR SALE

4582 Acacia Ave La Mesa, CA 91941

La Mesa Area
8 Beds
4 Baths
3,136 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: August 20, 2021

Last sale price $1,450,000 $462 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Tile Flooring
  • La Mesa Arts Academy Rated 9+
  • Double Pane Windows
  • Central Heating

About This Home

As of August 2021

Location....Location.....Location. Some of the cutest units you'll find, in very well maintained condition within a couple block of quaint Downtown La Mesa and the Train Stations nearby. All units have new vinyl windows, and a new retaining wall/fence has been built in the backyard. A wonderfully spacious patio above the garage units has views of the city lights and can be used by any of the tenants for relaxation, parties or even sunbathing. New bath and shower in 1 unit, New cabinets in 2 of 4 units, Walls added in 1 unit, Doubled cabinet space and pantry in 3 of 4 units, Garage disposals have been upgraded in 3 of 4 units. There is a nice community laundry room with a Metered Laundry. Tenants pay Gas and Electric, and owner pays for water and trash. All units have their own meters. Take a drive thru and a stroll thru the Village of La Mesa, and you'll experience the charm and warmth of this little slice of San Diego. These units, located in the perfect area, have incredible future potential for years to come! Drive by ONLY! Please do not disturb tenants!

Last Agent to Sell the Property

Ron Arnold

Keller Williams Realty License #01338671 Listed on: 07/12/2021

Keller Williams Realty

Co-Listed By

susan arnold - Keller Williams

Keller Williams Realty License #01910214

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 4,356 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,136 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Neighborhood Views
  • Disposal
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / 3
  • Tax Tract Number 994
  • Assessor Parcel Number 4706020300

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • La Mesa Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,717
  • Trash Expense $1,940
  • Water Sewer Expense $2,594
  • Operating Expense $27,804
  • Gross Income $76,200
  • Net Operating Income $48,396

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

4,356 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 3.87
  • Property Attached: Yes
  • Subdivision Name Other: La Mesa
  • View: Yes
  • Water Sewer Expenses: 2594.00
  • Zoning: R4
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4706020300
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 462.37
  • Room Type: Kitchen
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1940.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 76200.00
  • Gross Scheduled Income: 76200.00
  • Insurance Expense: 2717.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 48396.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 27804.00
  • Rent Control: No
  • Total Actual Rent: 6415.00
  • Total Expenses: 27804.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 146.02
  • Tax Lot: 3
  • Tax Tract Number: 994

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
Jul 12, 2021
Closed on
Jul 28, 2021
Sold by
Bought by
Seller's Agent
Ron Arnold
Keller Williams Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,250,000
Sold Price
$1,450,000
Premium/Discount to List
$200,000
16%

Purchase Details

Listed on
Apr 17, 2015
Closed on
May 30, 2015
Sold by
Bought by
Seller's Agent
Randy Engel
Coldwell Banker West
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$990,000
Sold Price
$990,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$555,000
Interest Rate
0.0362%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 21, 2014
Closed on
Nov 4, 2014
Sold by
Bought by
Seller's Agent
Randy Engel
Coldwell Banker West
Sold Price
$1,400

Purchase Details

Closed on
Sep 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 1986
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
$1,450,000 First Amer Ttl Co Res Div
$990,000 First American Title
$882,000 First American Title
-- --
-- --
$170,000 --
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
Previous Owner $555,000
Previous Owner $149,000
Previous Owner $172,000
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 Prior Sale
08/20/2021 08/20/21 Sold $1,450,000 +16.0% $462 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $1,250,000 +26.3% $399 / Sq Ft
06/08/2015 06/08/15 Sold $990,000 0.0% $316 / Sq Ft View Prior Sale
05/05/2015 05/05/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $990,000 0.0% $316 / Sq Ft
11/21/2014 11/21/14 Rented $1,400 0.0% --
11/21/2014 11/21/14 For Rent $1,400 -- --
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 $19,029 $1,538,750 $923,250 $615,500
2024 $19,029 $1,508,580 $905,148 $603,432
2023 $18,444 $1,479,000 $887,400 $591,600
2022 $18,266 $1,450,000 $870,000 $580,000
2021 $14,197 $1,099,215 $333,095 $766,120
2020 $13,817 $1,087,945 $329,680 $758,265
2019 $13,567 $1,066,614 $323,216 $743,398
2018 $13,324 $1,045,701 $316,879 $728,822
2017 $13,109 $1,025,198 $310,666 $714,532
2016 $12,736 $1,005,097 $304,575 $700,522
2015 $11,418 $882,000 $300,000 $582,000
2014 $4,260 $270,730 $143,330 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21148813

California Regional Multiple Listing Service (CRMLS)

APN: 470-602-03-00

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