$895,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

7125 Hoffman Ave La Mesa, CA 91941

Estimated payment $5,520/month

Total Views 355
4 Beds
2 Baths
2,856 Sq Ft
$313 Price per Sq Ft

Highlights

  • Hot Property
  • Level Lot
  • 1-Story Property
  • Property is Fully Fenced
  • Gravity Heating System

About This Home

Value Add Opportunity-Investor Ready Property. Rare find to own two homes on one oversized corner lot in the heart of La Mesa. This unique duplex offers two units, with no shared walls between the residences, providing maximum privacy for both sides. The two homes are connected by a 2-car garage. An incredibly versatile property that offers privacy, space, and flexibility in a prime location. Whether you’re looking for multi-generational living, house hacking, or an investment with strong rental potential, this one checks all the boxes. The front home with entry at 7125 Hoffman Ave. is full of charm and possibility. This 2-bedroom, 1-bathroom home features two separate living areas, perfect for creating an additional bedroom or home office. A dedicated indoor laundry room, spacious kitchen, and attached 2 car garage provide convenience and functionality. There’s also plenty of room to easily add a second bathroom and third bedroom, great for building quick equity. Enjoy the generously sized patio, under a tree, that opens up to a large, private backyard, deal for entertaining, gardening, or relaxing with family and friends. The second home, with entry at 3980 Paula Street, offers its own private entrance, making it feel completely independent from the front property. This unit also features 2 bedrooms and 1 bathroom, an open-concept living and dining area, and an attached carport that can easily be converted into a garage or expanded outdoor living space. There's room to update and make it your own, while immediately generating rental income or housing extended family. The property sits on a wide, usable corner lot with tons of curb appeal and multiple driveways providing ample off-street parking. There's plenty of front yard and outdoor space for each home to enjoy individually. With each unit operating like its own single-family home, this setup offers ideal separation and privacy, something rarely found in multi-unit properties. Located just minutes from charming Downtown La Mesa, this property sits in a convenient, high-demand area near shopping centers, parks, local schools, and major freeways, ideal for both rental income and owner-occupancy. La Mesa offers a vibrant, walkable village atmosphere with boutique shops, locally-owned restaurants, craft coffee spots, and weekly farmers markets. Popular events like Oktoberfest, Holiday in the Village, and classic car shows draw visitors from across San Diego, adding to the neighborhood’s lively, community-focused energy. Whether you're an investor looking for dual rental income, a homeowner aiming to offset your mortgage, or a buyer seeking value-add potential, this property offers immediate upside and long-term appeal in one of San Diego's most beloved neighborhoods.

Listing Agent

Jenica Martin

Douglas Elliman of California, Inc. License #01933551 Listed on: 07/09/2025

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,919

Year Built

  • Built in 1959

Lot Details

  • 10,198 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 474-371-04-00

Community Details

Overview

  • 2 Units
  • N/K Community

Building Details

  • Net Operating Income $33,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,919

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: Paula St.
  • Neighborhood: La Mesa
  • Supplement: The property sits on a wide, usable corner lot with tons of curb appeal and multiple driveways providing ample off-street parking. There's plenty of front yard and outdoor space for each home to enjoy individually. With each unit operating like its own single-family home, this setup offers ideal separation and privacy, something rarely found in multi-unit properties. Located just minutes from charming Downtown La Mesa, this property sits in a convenient, high-demand area near shopping centers, parks, local schools, and major freeways, ideal for both rental income and owner-occupancy. La Mesa offers a vibrant, walkable village atmosphere with boutique shops, locally-owned restaurants, craft coffee spots, and weekly farmers markets. Popular events like Oktoberfest, Holiday in the Village, and classic car shows draw visitors from across San Diego, adding to the neighborhood’s lively, community-focused energy. Whether you're an investor looking for dual rental income, a homeowner aiming to offset your mortgage, or a buyer seeking value-add potential, this property offers immediate upside and long-term appeal in one of San Diego's most beloved neighborhoods.
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1959
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: n/k
  • Community: LA MESA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 474-371-04-00
  • Estimated Lot Sq Ft: 10198
  • Estimated Number of Acres: 0.23
  • Map Code Column: F
  • Map Code Page: 1270
  • Map Code Row: 5

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 33750
  • Annual Expense Actual: 12000
  • Gross Rent Multiplier Actual: 15.0
  • Gross Sched Income Actual: 60000
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Washers: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $6,919 $492,558 $270,907 $221,651
2023 $6,629 $482,901 $265,596 $217,305
2022 $6,558 $473,434 $260,389 $213,045
2021 $6,427 $464,152 $255,284 $208,868
2020 $6,515 $459,394 $252,667 $206,727
2019 $6,393 $450,387 $247,713 $202,674
2018 $6,294 $441,556 $242,856 $198,700
2017 $6,186 $432,899 $238,095 $194,804
2016 $5,967 $424,412 $233,427 $190,985
2015 $5,908 $418,038 $229,921 $188,117
2014 $5,703 $409,851 $225,418 $184,433
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $895,000 -- $313 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $280,000 New Conventional
Closed $175,000 Balloon
Closed $95,000 Construction
Source: Public Records

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Source: San Diego MLS

MLS Number: 250032916

San Diego MLS

APN: 474-371-04