NOT LISTED FOR SALE

7750 Normal Ave La Mesa, CA 91941

6 Beds
5 Baths
2,460 Sq Ft
0.31 Acres

Last Sold March 15, 2022

Last sale price $1,225,000 $498 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 4-minute walk to Highwood Park
  • La Mesa Arts Academy Rated A-
  • Property is Fully Fenced

About This Home

As of March 2022

Amazing Income Property in Prime La Mesa Neighborhood with Potential Room for 2 More Units. Each Unit has Private Yards. All Three Units have Laundry Hookups. All Refrigerators Stay and Washer/Dryers Stay in Units 1 and 2. Six Spaces for Off-Street Parking! Each Unit has Assigned Parking Spaces. The Largest Unit (a 3 BR/ 2 BA) has 3 Parking Spaces! Very Well Maintained! Newer Fence! Fully Irrigated on Auto Sprinklers! Stable Tenants on Month-to- Month Agreements. Large, Mature Avocado Tree and Citrus! Close to Schools, Easy Walking Access to La Mesa Springs and Downtown La Mesa! Upside Possibility for Adding ADU/Units.

Last Agent to Sell the Property

Joseph Caltabellotta

RE/MAX City Real Estate License #01123099 Listed on: 02/15/2022

Last Buyer's Agent

Teri Hill

Hill & Hill Realty, Inc. License #01854152

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 0.31 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 470-480-14-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Net Operating Income $54,100

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Rosebud
  • Neighborhood: La Mesa
  • LP / Sq Ft: 18.2
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA MESA
  • Manager Name: Triplex

Lot Info

  • Irrigation: Automatic
  • Lot Size: .25 to .5 AC
  • Site: Corner Lot
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 470-480-14-00
  • Estimated Lot Sq Ft: 13389

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 54100
  • Annual Expense Actual: 5900
  • Annual Expense Projected: 5900
  • Gross Rent Multiplier Actual: 20.41
  • Gross Rent Multiplier Projected: 16.73
  • Gross Sched Income Actual: 60000
  • Gross Sched Income Projected: 73200
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $1,225,000 0.0% $498 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,225,000 -- $498 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 220003288

San Diego MLS

APN: 470-480-14-00