$1,050,000

7380 Mohawk St La Mesa, CA 91942

Estimated payment $6,797/month

Total Views 178
5 Beds
2 Baths
1,500 Sq Ft
$700 Price per Sq Ft

Highlights

  • Valley View
  • Gated Home
  • 1-Story Property
  • La Mesa Arts Academy Rated A-

About This Home

This property, zoned R3 (Multi-Unit Residential), currently features 2 rented units with the potential to add 3 more. It offers steady rental income and presents significant growth opportunities. Whether you're an investor looking to expand or someone seeking a stable income property, this property is a great option. With its prime zoning and potential for development, it can either continue as is or be developed further to maximize value. near SDSU and Grossmont college for student housing

Listing Agent

Ramin Karimi

Pemberley Realty Inc. License #02076734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,026

Year Built

  • Built in 1942

Lot Details

  • Gated Home
  • Property is Fully Fenced

Parking

  • RV Potential

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Valley Views

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 469-141-08-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $51,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,026

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Williams AVe
  • Neighborhood: La Mesa
  • LP / Sq Ft: 17.07
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1942
  • 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/Stucco
  • Fencing: Full, Gate
  • Roof: Composition
  • View: Valley/Canyon

Garage/Parking

  • Parking for RV: Potential Space

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA MESA

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Curbs, Public Street
  • Water District: HELIX WATER DISTRICT
  • Zoning: R3
  • Additional Property Use: With Structures
  • Assessor Parcel Number: 469-141-08-00

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 51900
  • Annual Expense Actual: 10500
  • Annual Expense Projected: 11000
  • Gross Rent Multiplier Actual: 18.0
  • Gross Rent Multiplier Projected: 16.0
  • Gross Sched Income Actual: 62400
  • Gross Sched Income Projected: 72000
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

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 $11,026 $868,734 $546,210 $322,524
2023 $10,615 $851,700 $535,500 $316,200
2022 $7,745 $617,100 $499,800 $117,300
2021 $2,580 $184,157 $175,803 $8,354
2020 $2,451 $182,270 $174,001 $8,269
2019 $2,364 $178,697 $170,590 $8,107
2018 $2,315 $175,195 $167,246 $7,949
2017 $50 $171,761 $163,967 $7,794
2016 $2,189 $168,394 $160,752 $7,642
2015 $2,159 $165,866 $158,338 $7,528
2014 $2,111 $162,618 $155,237 $7,381
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 For Sale $1,050,000 +78.0% $700 / Sq Ft
06/23/2021 06/23/21 Sold $590,000 -1.5% $566 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $599,000 0.0% $574 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/02/2021 06/02/21 Price Changed $599,000 -4.8% $574 / Sq Ft
06/01/2021 06/01/21 For Sale $629,000 -- $603 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $835,000 First American Title
Deed -- --
Interfamily Deed Transfer -- First American Ttl San Diego
Grant Deed $605,000 First American Ttl San Diego
Grant Deed $590,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $530,000 New Conventional
Previous Owner $481,500 Commercial
Source: Public Records

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Source: San Diego MLS

MLS Number: 250028445

San Diego MLS

APN: 469-141-08