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7879-7881 La Mesa Blvd

La Mesa, CA 91942
  • $1,400,000
  • STATUS: ACTIVE
  • ON SITE: 94 Days
  • ID#: 230016711
UPDATED: 52 min ago
$1,400,000
  • 3
    BEDS
  • 0.18
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,162
    SQFT
  • $648
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

TWO UNITS - A 3BD/2BA OLDER HOME W/SOME UPGRADES BEHIND A 950+ COMMERCIAL BUILDING. BUT THE REAL VALUE IS IN THE LAND--BUILD CONDOS, UNITS OR ??? BECAUSE THIS IS A MIXED-USE ZONE WITH LOTS OF STREET AND WALKING TRAFFIC. CLOSE TO EVERYTHING!! ALL PICS ARE FROM OVER THE YEARS AND VACANT PICS ARE PRIOR TO THIS TENANT. HOUSE COMES WITH ELECTRICAL UPGRADES, OWNED SOLAR (PERMITTED AND PENDING INSTALLATION ON HOUSE), NEW ABS PLUMBING, NEWER ROOF, HARDWOOD BAMBOO FLOORING, NEWER WINDOWS AND WINDOW DRESSINGS, 2 FULL BATHS (2ND ONE UNPERMITTED), LARGE LIVINGROOM, LARGE COVERED PATIO LEADING TO LARGE FENCED BACKYARD (NEW VINYL ON ONE SIDE) THAT GETS PROFESSIONALLY MAINTAINED. ALL WORK DONE BY LICENSED CONTRACTORS. STORAGE BUILDING/GARAGE IS DETACHED AND BEING USED AS A GREAT STORAGE UNIT WITH A FAUX FRONT. HAS ROLL UP DOOR (NEVER USED). ONE AND A HALF CAR OR LARGE ONE-CAR GARAGE. FINISHED INSIDE. OWNER CURRENTLY USING BUT USED TO RENT @ $140/MO. COMMERCIAL BUILDING HAS NICE IMPROVEMENTS: 20 AMP AT EACH OUTLET, WIRED FOR A COMMERCIAL COMPLEX, NEWER STAINED CONCRETE FLOORINGAND PLASTER, UPGRADED ELECTRICAL, NEWER PAINT, LIGHTING, & WINDOWS, FAUX FIREPLACE. GREAT FOR SALON, LIGHT RETAIL OR OFFICE. SEE BEFORE PICS. AGENT IS OWNER OF PROPERTY AND MAY DO A 1031 EXCHANGE

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/142817153
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7879-7881 La Mesa Blvd La Mesa, CA 91942

  • Price: $1,400,000
  • Status: ACTIVE
  • On Site: 94 Days
  • Updated: 52 min ago
  • ID#: 230016711
3
Beds
3
Baths
0
½ Baths
0.18
Acres
2,162
SQFT
$648
$/SQFT
1950
Built
Neighborhood:
La Mesa
County:
San Diego
Area:
La Mesa (91942)
Property Description
TWO UNITS - A 3BD/2BA OLDER HOME W/SOME UPGRADES BEHIND A 950+ COMMERCIAL BUILDING. BUT THE REAL VALUE IS IN THE LAND--BUILD CONDOS, UNITS OR ??? BECAUSE THIS IS A MIXED-USE ZONE WITH LOTS OF STREET AND WALKING TRAFFIC. CLOSE TO EVERYTHING!! ALL PICS ARE FROM OVER THE YEARS AND VACANT PICS ARE PRIOR TO THIS TENANT. HOUSE COMES WITH ELECTRICAL UPGRADES, OWNED SOLAR (PERMITTED AND PENDING INSTALLATION ON HOUSE), NEW ABS PLUMBING, NEWER ROOF, HARDWOOD BAMBOO FLOORING, NEWER WINDOWS AND WINDOW DRESSINGS, 2 FULL BATHS (2ND ONE UNPERMITTED), LARGE LIVINGROOM, LARGE COVERED PATIO LEADING TO LARGE FENCED BACKYARD (NEW VINYL ON ONE SIDE) THAT GETS PROFESSIONALLY MAINTAINED. ALL WORK DONE BY LICENSED CONTRACTORS. STORAGE BUILDING/GARAGE IS DETACHED AND BEING USED AS A GREAT STORAGE UNIT WITH A FAUX FRONT. HAS ROLL UP DOOR (NEVER USED). ONE AND A HALF CAR OR LARGE ONE-CAR GARAGE. FINISHED INSIDE. OWNER CURRENTLY USING BUT USED TO RENT @ $140/MO. COMMERCIAL BUILDING HAS NICE IMPROVEMENTS: 20 AMP AT EACH OUTLET, WIRED FOR A COMMERCIAL COMPLEX, NEWER STAINED CONCRETE FLOORINGAND PLASTER, UPGRADED ELECTRICAL, NEWER PAINT, LIGHTING, & WINDOWS, FAUX FIREPLACE. GREAT FOR SALON, LIGHT RETAIL OR OFFICE. SEE BEFORE PICS. AGENT IS OWNER OF PROPERTY AND MAY DO A 1031 EXCHANGE
Exterior Features

Exterior BlockWood/Stucco Fencing GatePartial Frontage N/K Irrigation Automatic Parking For RV On-Site Parking Parking Garage Desc Unit1 Detached Roof CompositionRock/Gravel Site Public StreetSidewalksStreet Paved Spa N/K Spa Heat None Known Topography Slope Gentle Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 1 View City

Interior Features

Cooling Other/Remarks Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Solar Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 1 Units With Range Oven 1 Units With Refrigerators 1 Units With Washers 1 Water Heater Type Gas

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 11910 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community La Mesa Complex Park Fruitvale Tract Cross Streets Culowee Street Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 52800 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Other/Remarks Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications N/K Tenant Pays Electricity Terms CashConventional Unit Number For Unit1 7879 Unit Number For Unit2 7881 Unit1 Deposit 2600 Unit1 Occupied Tenant Unit1 Rent Actual 1800.0 Unit2 Deposit 1800 Unit2 Occupied Tenant Unit2 Rent Actual 2600.0 Vacation Rental By Owner No Water Meter On Property Water District Helix Water District Zoning Mixed Use

San Diego MLS logo Listing provided courtesy of Ann Musgrove of Allison James Estates & Homes: 619-921-4645. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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