10843 Queen Ave, La Mesa, California 91941, La Mesa, 91941 - 3 bed, 2 bath

10843 Queen Ave, La Mesa, California 91941 home-pic-0
ACTIVE$925,000$2,499/sqft
Est. Value: $946,684
2%
FairlyEstimate
10843 Queen Ave, La Mesa, California 91941
3Beds
2Baths
2,499Sqft
18,600Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $925,000.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18600, living area = 2499.
Top Cons:
Unpermitted Garage Conversion: The 'unpermitted garage conversion' is a significant concern, carrying legal risks, potential fines, and the need for costly legalization or removal.

Compared to the nearby listings

Price:$925.0K vs avg $1.09M ($-164,000)32%
Size:2,499 sqft vs avg 2,000 sqft71%
Price/sqft:$370 vs avg $5533%

More Insights

Built in 1955 (71 years old).
Condition: Built in 1955, the property is significantly aged and requires substantial rehabilitation. The interior, particularly the main kitchen and bathroom, are extremely dated, cluttered, and show significant wear, necessitating full renovations. While the description mentions 'good bones,' the overall condition, including the unkempt exterior and the presence of an 'unpermitted garage conversion,' indicates major investment is needed beyond minor updates.
Year Built
1955
Close
-
List price
$925K
Original List price
$1.05M
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
250046062SD
Home ConditionPoor
Features
Good View:
Deck
Patio
View-

About this home

Large property with tons of potential. Solid house with good bones waiting for a new look. Unpermitted garage conversion ideal for extra income. Excellent rental property opportunity.

B
Bill Braihland
Listing Agent

Nearby schools

5/10
Avocado Elementary School
Public,K-50.8mi
8/10
Fuerte Elementary School
Public,K-50.9mi
4/10
Casa De Oro Elementary School
Public,K-61.2mi
8/10
Murdock Elementary School
Public,K-61.4mi
7/10
Rancho San Diego Elementary School
Public,K-51.7mi
3/10
Spring Valley Middle School
Public,4-81.7mi
6/10
Hillsdale Middle School
Public,6-81.9mi
/10
La Mesa-Spring Valley Home School/Independent Study
Public,K-82.8mi
8/10
La Mesa Arts Academy
Public,4-84.0mi
6/10
Science, Technology, Engineering, Arts, And Math Academy At La Presa
Public,4-84.3mi
5/10
Monte Vista High School
Public,9-121.7mi
7/10
Grossmont High School
Public,9-121.9mi
8/10
Valhalla High School
Public,9-122.4mi
3/10
Idea Center
Public,9-123.9mi
Condition Rating
Poor

Built in 1955, the property is significantly aged and requires substantial rehabilitation. The interior, particularly the main kitchen and bathroom, are extremely dated, cluttered, and show significant wear, necessitating full renovations. While the description mentions 'good bones,' the overall condition, including the unkempt exterior and the presence of an 'unpermitted garage conversion,' indicates major investment is needed beyond minor updates.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18600, living area = 2499.
Renovation & Value-Add Potential: The property is described as having 'tons of potential' and 'good bones waiting for a new look,' making it ideal for buyers seeking to customize and increase value through renovation.
Income-Generating Opportunity: The 'unpermitted garage conversion' presents a clear opportunity for extra income or a dedicated rental unit, appealing to investors or those seeking supplemental revenue.
Desirable Mount Helix Location: Situated in the prestigious Mount Helix subdivision in La Mesa, offering a sought-after address and potentially higher property values.
Expansive Lot Size: With a generous 18,600 sqft lot, the property provides ample outdoor space for various uses, privacy, and potential future expansion.
Significant Price Adjustment: The current list price of $925,000 reflects a substantial reduction from the original $1,050,000, indicating a motivated seller and potential for a favorable purchase.

Cons

Unpermitted Garage Conversion: The 'unpermitted garage conversion' is a significant concern, carrying legal risks, potential fines, and the need for costly legalization or removal.
Age and Required Updates: Built in 1955, the home will likely require extensive modernization of systems (electrical, plumbing, HVAC) and aesthetics, demanding a considerable additional investment from the buyer.
Market Price Instability: The recent history of multiple price changes (initial list, reduction, increase, then further reduction) could signal market resistance or an uncertain valuation, potentially deterring some buyers.
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