NOT LISTED FOR SALE

8701 Mellmanor Dr La Mesa, CA 91942

8 Beds
8 Baths
4,140 Sq Ft
9,148 Sq Ft Lot

Last Sold August 02, 2013

Last sale price $740,000 $179 Per Sq Ft

25 Days on Market

Highlights

  • Gated Home
  • 3-minute walk to Grossmont Transit Center
  • Level Lot
  • Grossmont High School Rated A

About This Home

As of August 2013

Please do not go onto the property; tenants do not know property is for sale. The property consists of four 2 bed 1.5 bath townhouse units approximately 1,044 each w/ central air/heat, large private fenced yards, storage, individual hot water heaters & assigned parking. Units B,C,D have laundry inside their units. The units are within walking distance of Starbucks, the movie theater, Grossmont Center Mall, Costco, San Diego Trolly Station & more.

Last Agent to Sell the Property

Dave Hastings

Keller Williams La Jolla License #00954304 Listed on: 05/24/2013

Keller Williams La Jolla

Last Buyer's Agent

Dave Hastings

Keller Williams La Jolla License #00954304 Listed on: 05/24/2013

Keller Williams La Jolla

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 9,148 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Net Operating Income $51,173

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 490-573-03-00

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Nagel
  • Neighborhood: La Mesa
  • LP / Sq Ft: 181.16
  • Price Per Sq Ft: 178.74
  • SP/ Sq Ft: 178.74
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Unit Sq Ft: 4140.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Exterior Features

  • Exterior Material: Block
  • Fencing: Gate, Partial

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Available, Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: LA MESA

Schools

  • School District URL: http://www.guhsd.net/

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 490-573-03-00
  • Land Use Code: MFD
  • Estimated Lot Sq Ft: 9148

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 51173
  • Annual Expense Actual: 10277
  • Gross Rent Multiplier Actual: 12.0
  • Gross Sched Income Actual: 61450
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 3
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 3

Range of Values:

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Sold Price
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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
08/02/2013 08/02/13 Sold $740,000 -1.3% $179 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $750,000 -- $181 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130026676

San Diego MLS

APN: 490-573-03-00