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
  • Property is Fully Fenced
  • 4-minute walk to Highwood Park
  • 1-Story Property

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
  • Gross Rent Multiplier Actual: 20.41
  • Gross Rent Multiplier Projected: 16.73
  • 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
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Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $16,957 $1,299,979 $636,724 $663,255
2024 $16,957 $1,274,490 $624,240 $650,250
2023 $15,817 $1,249,500 $612,000 $637,500
2022 $6,945 $501,865 $163,865 $338,000
2021 $6,816 $492,025 $160,652 $331,373
2020 $6,559 $486,981 $159,005 $327,976
2019 $6,461 $477,434 $155,888 $321,546
2018 $6,296 $468,074 $152,832 $315,242
2017 $6,190 $458,897 $149,836 $309,061
2016 $5,983 $449,900 $146,899 $303,001
2015 $5,943 $443,143 $144,693 $298,450
2014 $5,796 $434,463 $141,859 $292,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220003288

San Diego MLS

APN: 470-480-14-00