8816 La Mesa Blvd Unit A, B, & C La Mesa, CA 91942
Estimated Value: $1,110,613
3
Beds
3
Baths
1,878
Sq Ft
$591/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Granite Countertops
- No HOA
- La Mesa Arts Academy Rated A-
- Private Yard
- Neighborhood Views
About This Home
As of June 2021A rare and unique entry/ owner occupant investor opportunity to acquire three units. Reside in one unit, operate your business from the commercial unit and lease the third unit for additional income. Zoned as C-D-MU (Downtown Commercial Mixed Use) La Mesa is the retail hub of East County San Diego centered in a traditional downtown setting close to Grossmont Center and La Mesa Downtown Village, It’s a popular shopping and tourist destination. Units consist of two (2) multifamily units’ 1Bd/1bath and 2bd/1bath and one commercial unit. Both units have one car garage, suitable for compact vehicles- commercial unit is facial skin care business with street parking only. All units are currently tenant occupied and providing cash flow. Exterior of one of the multifamily units just had a new roof installed along with stucco and exterior paint. Both multifamily units Interiors were updated approximately 10 years ago with dual pane windows throughout and stylish self-closing espresso cabinetry in the kitchens and bathrooms, granite counters and black/stainless steel appliances. Flooring consist of tile flooring that looks like wood and carpeting. Don’t miss out on this wonderful investor opportunity!
Last Agent to Sell the Property
WSR Real Estate Inc. License #01864852 Listed on: 05/18/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,889
Year Built
- Built in 1943 | Remodeled
Lot Details
- 4,024 Sq Ft Lot
- No Common Walls
- Vinyl Fence
- Chain Link Fence
- Landscaped
- Rectangular Lot
- Sprinkler System
- Private Yard
- Lawn
- Density is 2-5 Units/Acre
- Zero Lot Line
Parking
- 2 Car Garage
- Public Parking
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- No Driveway
- Off-Street Parking
Home Design
- Turnkey
Interior Spaces
- 1,878 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Blinds
- Window Screens
- Family Room
- Neighborhood Views
- Termite Clearance
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit
Utilities
- Cooling Available
- Heating Available
- Overhead Utilities
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 15 / G
- Tax Tract Number 1452
- Assessor Parcel Number 4942131600
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- La Mesa Subdivision
Building Details
- Rent Control
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,440
- Insurance Expense $834
- Professional Management Expense $3,971
- Trash Expense $591
- Water Sewer Expense $840
- New Taxes Expense $10,167
- Operating Expense $17,843
- Gross Income $48,288
- Net Operating Income $30,445
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2021
Sold by
Austin Heather F
Bought by
Austin Heather F and Heatherf Austin Trust Of 2021
Total Days on Market
9
Current Estimated Value
Purchase Details
Listed on
May 18, 2021
Closed on
Jul 20, 2021
Sold by
In Christ Alone Llc
Bought by
Austin Heather F
Seller's Agent
Ana Hlavnicka
WSR Real Estate Inc.
Buyer's Agent
Rachel Wilkins
Active Realty Inc
List Price
$799,000
Sold Price
$825,000
Premium/Discount to List
$26,000
3.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Purchase Details
Listed on
May 18, 2021
Closed on
Jun 3, 2021
Sold by
Lars Investment Property One Llc
Bought by
In Christ Alone Llc
Seller's Agent
Ana Hlavnicka
WSR Real Estate Inc.
Buyer's Agent
Rachel Wilkins
Active Realty Inc
List Price
$799,000
Sold Price
$825,000
Premium/Discount to List
$26,000
3.25%
Purchase Details
Closed on
Nov 22, 2019
Sold by
Larson Investment Limited Partnership
Bought by
Lars Investmewnt Property One Llc
Purchase Details
Closed on
Nov 21, 2019
Sold by
Larson Jason R and Larson Stefanie L
Bought by
Larson Investment Limited Partnership
Purchase Details
Closed on
Nov 12, 2019
Sold by
Larson Jason and Larson Stefanie
Bought by
Larson Jason R and Larson Stefanie L
Purchase Details
Closed on
Jun 28, 2019
Sold by
Larson Jason and Larson Stefanie
Bought by
Larson Jason and Larson Stefanie
Purchase Details
Closed on
Jan 17, 2019
Sold by
Lars Investment Property One Llc
Bought by
Larson Jason and Larson Stefanie
Purchase Details
Closed on
Feb 12, 2015
Sold by
Larson Jason and Larson Stefanie
Bought by
Lars Investment Property One Llc
Purchase Details
Closed on
Sep 10, 2008
Sold by
Larson Jason R and Larson Stefanie L
Bought by
Larson Jason R and Larson Stefanie
Purchase Details
Closed on
Nov 20, 2003
Sold by
Aguiar Sabel and Aguiar Rubiela
Bought by
Larson Jason R and Larson Stefanie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
5.86%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 26, 1996
Sold by
Skinner Josephine C
Bought by
Aguiar Sabbel and Aguiar Rubiela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 3, 1992
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Austin Heather F | -- | None Available | |
| Austin Heather F | $975,000 | Ticor Title San Diego Branch | |
| In Christ Alone Llc | $825,000 | Fidelity National Title Co | |
| Lars Investmewnt Property One Llc | -- | None Available | |
| Larson Investment Limited Partnership | -- | None Available | |
| Larson Jason R | -- | None Available | |
| Larson Jason | -- | None Available | |
| Larson Jason | -- | None Available | |
| Lars Investment Property One Llc | -- | None Available | |
| Larson Jason R | -- | Accommodation | |
| Larson Jason R | $465,000 | Ticor Title Of California | |
| Aguiar Sabbel | -- | First American Title | |
| -- | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lars Investments Property One Llc | $1,775,000 | |
| Previous Owner | Larson Jason R | $237,000 | |
| Previous Owner | Aguiar Sabbel | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2021 06/11/21 | Sold | $825,000 | +3.3% | $439 / Sq Ft |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 05/18/2021 05/18/21 | For Sale | $799,000 | -- | $425 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $12,814 | $1,014,390 | $520,200 | $494,190 |
| 2023 | $12,467 | $994,500 | $510,000 | $484,500 |
| 2022 | $12,369 | $975,000 | $500,000 | $475,000 |
| 2021 | $8,626 | $656,271 | $262,692 | $393,579 |
| 2020 | $7,889 | $604,509 | $260,003 | $344,506 |
| 2019 | $7,767 | $592,656 | $254,905 | $337,751 |
| 2018 | $7,585 | $581,036 | $249,907 | $331,129 |
| 2017 | $7,382 | $569,644 | $245,007 | $324,637 |
| 2016 | $7,123 | $558,475 | $240,203 | $318,272 |
| 2015 | $7,033 | $550,087 | $236,595 | $313,492 |
| 2014 | $6,808 | $539,313 | $231,961 | $307,352 |
Source: Public Records
Agents Affiliated with this Home
-
Ana Hlavnicka
Seller's Agent in 2021
Ana Hlavnicka
WSR Real Estate Inc.
(951) 999-4914
17 Total Sales
-
Rachel Wilkins
Buyer's Agent in 2021
Rachel Wilkins
Active Realty Inc
(619) 504-8119
127 Total Sales
-
Zandra Ulloa
Z
Buyer Co-Listing Agent in 2021
Zandra Ulloa
Active Realty Inc
(949) 617-2875
217 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW21106747
APN: 494-213-16
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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