NOT LISTED FOR SALE

6810 Tower St La Mesa, CA 91942

Estimated Value: $955,693 - $1,250,000

4 Beds
2 Baths
1,500 Sq Ft
$717/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $815,000 $543 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,560/month

18 Days on Market

About This Home

As of May 2021

Great investment opportunity! Single-level duplex in La Mesa. Each unit is two bedroom and one bath. Live in one and rent out the other. Lives like two separate homes!

Last Agent to Sell the Property

Stacia OShea

NewTown Real Estate License #01987363 Listed on: 03/11/2021

Last Buyer's Agent

Tracy Baker

Coldwell Banker West License #02087566

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,304 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Separate Water Meter

Community Details

  • 2 Units
  • Net Operating Income $36,960

Listing and Financial Details

  • Tenant pays for electricity, trash
  • Assessor Parcel Number 468-390-15-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: 68th Street
  • Neighborhood: Rolando/College
  • Stories: 1 Story
  • Sale Price List Price: 1.02
  • Total Stories: 1
  • Year Built: 1947
  • 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: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Community: LA MESA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 468-390-15-00
  • Estimated Lot Sq Ft: 6304
  • Estimated Number of Acres: 0.15
  • Map Code Column: E
  • Map Code Page: 1270
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Electricity, Trash

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 36960
  • Gross Rent Multiplier Actual: 15.15
  • Number Of Buildings: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Malek Tina Nicole
Bought by
Tina N Malek Trust and Malek
Current Estimated Value
$1,075,923

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 13, 2021
Sold by
Greig James
Bought by
Malek Tina Nicole
Seller's Agent
Stacia OShea
NewTown Real Estate
Buyer's Agent
Tracy Baker
Coldwell Banker West
List Price
$799,999
Sold Price
$815,000
Premium/Discount to List
$15,001
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$611,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2018
Sold by
Garza Shana Yeh and Luk John Y
Bought by
Greig James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2017
Sold by
Luk John Y and Yeh Luk Mei Y
Bought by
Luk John Y and Yeh Luk Mei Y

Purchase Details

Closed on
May 12, 2004
Sold by
Coker Carol
Bought by
Luk John Y and Yeh Luk Mei Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2001
Sold by
Deutsch Martin B
Bought by
Coker Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
7.09%
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tina N Malek Trust -- None Listed On Document
Malek Tina Nicole $815,000 Fidelity Natl Ttl San Diego
Greig James $615,000 Stewart Title Of California
Luk John Y -- None Available
Luk John Y $550,000 Commonwealth Land Title Co
Coker Carol $219,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malek Tina Nicole $611,250
Previous Owner Greig James $615,000
Previous Owner Luk John Y $440,000
Previous Owner Coker Carol $197,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $815,000 +1.9% $543 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $799,999 -- $533 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

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 $11,066 $882,179 $487,093 $395,086
2024 $11,066 $864,883 $477,543 $387,340
2023 $10,776 $847,926 $468,180 $379,746
2022 $10,705 $831,300 $459,000 $372,300
2021 $8,391 $633,797 $412,226 $221,571
2020 $8,129 $627,300 $408,000 $219,300
2019 $8,007 $615,000 $400,000 $215,000
2018 $6,615 $490,000 $258,000 $232,000
2017 $6,076 $440,000 $232,000 $208,000
2016 $5,572 $400,000 $211,000 $189,000
2015 $5,208 $360,000 $190,000 $170,000
2014 $5,195 $360,000 $190,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210006385

San Diego MLS

APN: 468-390-15