NOT LISTED FOR SALE

8050 Fairview Ave La Mesa, CA 91941

La Mesa Area
7 Beds
6 Baths
4,967 Sq Ft
1953 Built

Sale Details

Date Sold: January 14, 2025

Last sale price $1,535,000 $309 Per Sq Ft

24 Days on Market

Highlights

  • Panoramic View
  • Central Air
  • Level Lot
  • La Mesa Arts Academy Rated 9+

About This Home

As of January 2025

Welcome to this incredible, move in ready home in the heart of La Mesa. This unique property comprises four distinct units, offering versatility for both homeowners and those looking for an investment opportunity. The largest unit lives like a single-family home, providing space, comfort, and awe-inspiring views. As you enter this expansive 2,231 square foot home you are welcomed by a charming entry way, leading to a large kitchen that flows seamlessly into the dining room. The kitchen boasts tons of cabinet and storage space, making it a chef's dream. Experience the luxury of tons of windows showcasing panoramic city and mountain views, visible from the living room, dining, and kitchen areas. The home is adorned with gorgeous hardwood flooring throughout, enhancing its elegance and warmth. Step out onto the expansive deck, perfect for enjoying outdoor dining while soaking in the stunning scenery. The charming brick fireplace adds warmth and character, making it an inviting space for family and friends. All bedrooms are generously sized with ample storage, and a two-car garage. There are also two basement storage areas under the home. Additionally, this home is equipped with solar panels, offering energy efficiency and savings. In addition to the expansive main home, the property boasts a spacious second unit, in the back of the property, with three bedrooms and two bathrooms, covering 1,430 square feet. This unit is thoughtfully designed with an in-unit washer and dryer and a full kitchen, providing convenience and modern comfort. This unit also comes with its own private balcony. The one-bedroom, one-bath unit spans 960 square feet, also located in the back of the property, is perfect for those seeking functional living space. This unit is notable for its abundance of storage, ensuring ample room for all your needs. A beautiful brick fireplace serves as a focal point in the living area, offering warmth and character. To the right of the fireplace, discover the added convenience of a closet housing a Murphy bed, perfect for accommodating guests. The unit also boasts an in-unit washer and dryer, alongside a fully equipped kitchen for all your culinary needs. Off from your front door enjoy your own outdoor patio space. Completing the property is a versatile 360 square foot studio, providing yet another option for living or rental possibilities. The studio is equipped with air conditioning, cooking range and a refrigerator. Located in the vibrant community of La Mesa, you're just minutes away from the charming La Mesa Village, where you can explore an array of shops, dining options, and engaging outdoor activities. La Mesa is renowned for its lively atmosphere, annual events, and the beautiful surroundings that characterize this thriving neighborhood. La Mesa village is the hub of activity that perfectly blends small-town charm with modern amenities. La Mesa is celebrated for its outdoor activities, from the scenic trails of nearby Mount Helix to the family-friendly parks dotted throughout the community. Annual events such as the La Mesa Oktoberfest and seasonal farmers’ markets bring the community together and provide endless entertainment. Whether you’re looking for a place to call home or a smart investment, this property positions you in the heart of a thriving, welcoming neighborhood. Embrace the possibilities that await on this property, and make this unparalleled property your own.

Last Agent to Sell the Property

Jenica Martin

Douglas Elliman of California, Inc. License #01933551 Listed on: 10/25/2024

Douglas Elliman of California, Inc.

Co-Listed By

Claudia Cencelli

Terrence Michael Pirtle,Broker License #01917494

Last Buyer's Agent

Twana Rasoul

Compass License #02026495

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Property Views

  • Panoramic
  • City
  • Mountain

Home Design

  • Stucco Exterior

Additional Features

  • 3-Story Property
  • Level Lot
  • Central Air

Community Details

  • 4 Units
  • Net Operating Income $53,386

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 470-392-15-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Normal Ave
  • Neighborhood: Lookout Park
  • Supplement: This unit also comes with its own private balcony. The one-bedroom, one-bath unit spans 960 square feet, also located in the back of the property, is perfect for those seeking functional living space. This unit is notable for its abundance of storage, ensuring ample room for all your needs. A beautiful brick fireplace serves as a focal point in the living area, offering warmth and character. To the right of the fireplace, discover the added convenience of a closet housing a Murphy bed, perfect for accommodating guests. The unit also boasts an in-unit washer and dryer, alongside a fully equipped kitchen for all your culinary needs. Off from your front door enjoy your own outdoor patio space. Completing the property is a versatile 360 square foot studio, providing yet another option for living or rental possibilities. The studio is equipped with air conditioning, cooking range and a refrigerator. Located in the vibrant community of La Mesa, you're just minutes away from the charming La Mesa Village, where you can explore an array of shops, dining options, and engaging outdoor activities. La Mesa is renowned for its lively atmosphere, annual events, and the beautiful surroundings that characterize this thriving neighborhood. La Mesa village is the hub of activity that perfectly blends small-town charm with modern amenities. La Mesa is celebrated for its outdoor activities, from the scenic trails of nearby Mount Helix to the family-friendly parks dotted throughout the community. Annual events such as the La Mesa Oktoberfest and seasonal farmers’ markets bring the community together and provide endless entertainment. Whether you’re looking for a place to call home or a smart investment, this property positions you in the heart of a thriving, welcoming neighborhood. Embrace the possibilities that await on this property, and make this unparalleled property your own.
  • Stories: 3 Story
  • Sale Price List Price: 0.85
  • Total Stories: 3
  • Year Built: 1953
  • 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
  • View: City, Mountains/Hills, Panoramic

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: R4
  • Assessor Parcel Number: 470-392-15-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 53386
  • Gross Rent Multiplier Actual: 14.0
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 3
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 3

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
Oct 25, 2024
Closed on
Dec 4, 2024
Sold by
Bought by
Seller's Agent
Jenica Martin
Douglas Elliman of California, Inc.
Buyer's Agent
Twana Rasoul
Compass
List Price
$1,999,000
Sold Price
$1,535,000
Premium/Discount to List
-$464,000
-23.21%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,151,250
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2024
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
$600,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2002
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
$620,000
Interest Rate
8.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 1999
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
$360,000
Interest Rate
2.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 1992

Purchase Details

Closed on
Jun 14, 1991
Source: Public Records

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
$1,535,000 Lawyers Title Company
-- Wfg National Title Company Of
-- None Available
$775,000 American Title Ins Co
-- --
$450,000 Stewart Title
$339,500 --
$412,500 --
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
Open $1,020,000
Closed $1,151,250
Previous Owner $600,000
Previous Owner $350,000
Previous Owner $625,600
Previous Owner $620,000
Previous Owner $50,000
Previous Owner $444,000
Previous Owner $50,000
Previous Owner $360,000
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
01/14/2025 01/14/25 Sold $1,535,000 -14.7% $309 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/15/2024 11/15/24 Price Changed $1,799,000 -10.0% $362 / Sq Ft
10/25/2024 10/25/24 For Sale $1,999,000 -- $402 / 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
2026 $14,352 $1,565,700 $749,700 $816,000
2025 $13,998 $1,122,444 $369,316 $753,128
2024 $13,998 $1,100,436 $362,075 $738,361
2023 $13,605 $1,078,860 $354,976 $723,884
2022 $13,463 $1,057,707 $348,016 $709,691
2021 $13,285 $1,036,969 $341,193 $695,776
2020 $12,899 $1,026,337 $337,695 $688,642
2019 $12,703 $1,006,214 $331,074 $675,140
2018 $12,461 $986,485 $324,583 $661,902
2017 $12,286 $967,143 $318,219 $648,924
2016 $11,899 $948,180 $311,980 $636,200
2015 $11,878 $933,938 $307,294 $626,644
2014 $11,693 $915,644 $301,275 $614,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240025315

San Diego MLS

APN: 470-392-15-00

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