NOT LISTED FOR SALE

7750 Normal Ave La Mesa, CA 91941

6 Beds
5 Baths
2,460 Sq Ft
0.31 Acre Lot

Sale Details

Date 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 9+
  • 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

  • 13,389 Sq Ft 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

0.31 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 7, 2022
Sold by
Bought by
Seller's Agent
Joseph Caltabellotta
RE/MAX City Real Estate
Buyer's Agent
Teri Hill
Hill & Hill Realty, Inc.
List Price
$1,225,000
Sold Price
$1,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,750
Interest Rate
0.0332%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
0.0715%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 1994
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 1990
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,225,000 Fidelity National Title
-- None Available
$432,500 Fidelity National Title Co
-- Lawyers Title Company
-- --
$261,162 California Title Company
$245,000 California Title
-- Orange Coast Title Company
$146,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $918,750
Closed $302,750
Closed $350,000
Closed $247,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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