4039 King Street, La Mesa, California 91941, La Mesa, 91941 - 2 bed, 2 bath
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La Mesa, California 91941
This property presents a High-Potential Investment Opportunity with a List Price of $697,000—positioned well below the $681,859 Fair Market Value by -2%. While the home carries a Condition Rating of 5, it features significant infrastructure upgrades including a 2019 HVAC system, 2017 solar, and reinforced foundation. The 6,300 sqft lot with alley access offers prime ADU development potential. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project in a desirable La Mesa location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4039 King Street Subject | $697,000* List Price | 2 | 2 | 1,105 | $617 | - |
A 7104 Hybeth Dr Sold | $725,000 | 3 | 2 | 1,330 | $545 | 0.2 mi |
B 3885 King Street Sold | $664,000 | 3 | 1 | 1,020 | $651 | 0.2 mi |
C 6927 Waite Dr Sold | $790,000 | 3 | 1 | 1,056 | $748 | 0.4 mi |
D 3868 Bass Street Sold | $750,000 | 3 | 2 | 1,536 | $488 | 0.4 mi |
E 3765 Vista Ave Sold | $755,000 | 3 | 2 | 1,142 | $661 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and explicitly marketed as a 'fixer opportunity' and 'diamond in the rough,' this property requires a full cosmetic and functional rehab. While major systems like the HVAC (2019), solar (2017), and water heater (2024) have been updated, the interior remains dated and the overall condition suggests significant restoration is needed to make it move-in ready.
Despite being a fixer, the property features high-value improvements including owned solar panels, a reinforced foundation, newer exterior stucco, and a 2019 mini-split HVAC system, reducing immediate capital expenditure on major systems.
The 6,300 square foot lot with alley access and an existing concrete slab provides an excellent opportunity for an Accessory Dwelling Unit (ADU) or secure parking for an RV or boat.
Situated in a desirable La Mesa pocket, the home is within walking distance to Vista La Mesa Park and close to the vibrant shopping and dining corridor on University Avenue.
As a 'diamond in the rough' fixer opportunity, the property will require a substantial additional investment of time and capital to modernize the interior and restore its full market value.
At 1,105 square feet, the living space is relatively compact, which may limit appeal for larger families or buyers seeking more expansive common areas.
Fixer opportunity in lovely La Mesa! This is a diamond in the rough waiting for your personal touch. Bring your design ideas to restore this charming home. The home includes 2 bedrooms 2 baths plus an optional 3rd room that can be used as an office, total of 1,105 square feet. Upgrades include owned solar panel installation in 2017, foundation reinforcement in 2017, whole house exterior stucco in 2017, mini-split with AC & Heat units in 2019, new water heater in 2024. The spacious 6,300 square foot lot has alley access and room to add an ADU. Unique feature includes a concrete slab suitable to park vehicle, boat, or RV in backyard off alley. Minutes to the charming neighborhood Vista La Mesa Park and near University avenue for Restaurants and shopping. Come see!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 2.6 mi
Grades 9-12 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,105 | 2,181.5 |
| Lot Size | 6,300 | 11,572 |
| Price | $697.0K | $1.05M |
| Price per sq ft | $631 | $594 |
| Built year | 1960 | 1960 |
| HOA | $0 | $210 |
| Days on market | 6 | 41 |
Jul 16, 2026
$697,000
Initial Listing