NOT LISTED FOR SALE

4988 Comanche Dr La Mesa, CA 91942

Estimated Value: $1,167,000 - $1,514,000

6 Beds
6 Baths
2,400 Sq Ft
$582/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $1,311,000 $546 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,500/month

3 Days on Market

Highlights

  • RV Access or Parking
  • 1-Story Property
  • Gated Home
  • Grossmont High School Rated A-
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of March 2022

Welcome to this stunning, newer construction duplex in La Mesa. Both units consists of a modern 3bed 3 full bath layout. Dual, primary suites with walk-in closets makes these units truly unique. Great private outdoor space for each unit and tons of parking. Property is fully fenced and with automatic gate at the end of a Cul-De-Sac! This property is fully turn key and offers great upside on not only rents, but also the addition of a third unit on the large flat lot. Each unit has central heating and air, tankless water heaters, upgraded outdoor spaces, washer/dryer in units, storage units, 4 gated parking spots pr unit and much more. Centrally located with freeway access within 5 minutes in all directions. Great shopping options close by and the buzzing La Mesa downtown within a 5 min drive! This property is a great purchase for anyone, from owner occupied with rental income to offset, to seasoned investor looking for cash flow and upside.

Last Agent to Sell the Property

Kelvin Jensen

Real Broker License #01872896 Listed on: 03/03/2022

Real Broker

Last Buyer's Agent

Barbara Lew

LPT Realty,Inc License #01268385

LPT Realty,Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 2015

Lot Details

  • 6,446 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Parking

  • Automatic Gate
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for trash, water, cable TV, electricity, hot water
  • Assessor Parcel Number 469-160-03-00

Community Details

Overview

  • 2 Units
  • La Mesa Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $48,800

Property Details

Home Type

Multi-Family

Year Built

2015

Lot Details

6,446 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Mohawk St
  • Neighborhood: La Mesa
  • LP / Sq Ft: 23.39
  • Stories: 1 Story
  • Sale Price List Price: 1.09
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2015

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking for RV: On-Site Parking, Potential Space

Utilities

  • Cooling: Central Forced Air
  • Security: Automatic Gate
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: La Mesa
  • Pets Allowed: Yes
  • Community: LA MESA
  • Manager Name: Turnier Trust
  • Manager Phone: 6195642508

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 469-160-03-00
  • Estimated Lot Sq Ft: 6446

Rental Info

  • Tenant Pays: Trash, Water, Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 48800
  • Gross Rent Multiplier Actual: 18.0
  • Gross Rent Multiplier Projected: 17.3
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 16, 2022
Sold by
Robert H Turnier Trust
Bought by
Franklin And Mollan Lew Family Trust
Seller's Agent
Kelvin Jensen
Real Broker
Buyer's Agent
Barbara Lew
LPT Realty,Inc
List Price
$1,199,900
Sold Price
$1,311,000
Premium/Discount to List
$111,100
9.26%
Current Estimated Value
$1,371,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,813
Avg. Annual Appreciation
1.63%
Original Mortgage
$804,285
Outstanding Balance
$745,296
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$652,339

Purchase Details

Closed on
Jan 14, 2022
Sold by
Turnier Robert H
Bought by
Robert H Turnier Family Trust

Purchase Details

Closed on
Apr 5, 2018
Sold by
Bercar Llc
Bought by
Turnier Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2016
Sold by
Nielsen Laurel L
Bought by
Bercar Llc

Purchase Details

Closed on
Sep 2, 2014
Sold by
Nielsen Laurel L and Robbins John R
Bought by
Nielsen Laurel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2013
Sold by
Underwood Track L
Bought by
Nision Lancel and Robbins John

Purchase Details

Closed on
May 10, 2010
Sold by
Coogler Laurel Nielsen and Robbins Robert S
Bought by
Nielsen Laurel L and Robbins John R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Franklin And Mollan Lew Family Trust $1,311,000 Lawyers Title
Robert H Turnier Family Trust -- --
Turnier Robert H $965,000 First American Title Company
Bercar Llc $415,000 Title365
Nielsen Laurel L $190,000 Chicago Title Company
Nision Lancel -- None Available
Nielsen Laurel L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin And Mollan Lew Family Trust $804,285
Previous Owner Turnier Robert H $565,000
Previous Owner Nielsen Laurel L $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $1,311,000 +9.3% $546 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $1,199,900 -- $500 / Sq Ft
Source: San Diego MLS

Tax History

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 $17,276 $1,391,243 $795,906 $595,337
2024 $17,276 $1,363,964 $780,300 $583,664
2023 $16,718 $1,034,673 $589,710 $444,963
2022 $13,221 $1,034,673 $589,710 $444,963
2021 $12,989 $1,014,387 $578,148 $436,239
2020 $12,529 $1,003,986 $572,220 $431,766
2019 $12,220 $984,300 $561,000 $423,300
2018 $6,549 $506,764 $231,363 $275,401
2017 $5,597 $423,299 $226,827 $196,472
2016 $3,351 $239,867 $128,534 $111,333
2015 $3,316 $236,265 $126,604 $109,661
2014 $1,848 $110,368 $52,190 $58,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220004846

San Diego MLS

APN: 469-160-03

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