4065 Bancroft Dr, La Mesa, California 91941, La Mesa, 91941 - 7 bed, 5 bath
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La Mesa, California 91941
This property presents a High-Potential Investment Opportunity with a List Price of $975,000—positioned well below the $1,025,277 Fair Market Value by 4%. This valuation gap offers $50,277 in Instant Equity. Featuring a Fair Condition Rating, the home requires modernization of major systems, yet its 7-bedroom layout provides exceptional utility. With a large lot and Park/Greenbelt views, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in the desirable Mt. Helix area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4065 Bancroft Dr Subject | $975,000* List Price | 7 | 5 | 2,714 | $378 | - |
A 4235 Casa De Machado Active | $1,199,999 List Price | 6 | 4 | 3,346 | $359 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property has received some cosmetic updates including newer LVP flooring and fresh paint. However, it remains dated with popcorn ceilings, wall/window AC units indicating a lack of modern central HVAC, and budget-grade bathroom finishes. The exterior shows significant age with moss/debris on the roof and dated siding, suggesting that while livable, the home requires modernization of major systems and general updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11474, living area = 2714.
With a rare 7-bedroom and 5-bathroom configuration, this property offers incredible flexibility for large families, co-living arrangements, or dedicated home office spaces.
Situated in the highly desirable Mt. Helix area, the home provides excellent proximity to local parks, shopping, dining, and major freeway access, ensuring strong long-term value.
Fitting 7 bedrooms into 2,714 square feet suggests that individual room dimensions may be smaller than average, which could feel cramped for buyers prioritizing spacious suites.
As a 1960s build with a high bathroom count, the property may require significant updates to plumbing and electrical systems to support the demands of a high-occupancy household.
Welcome to 4065 Bancroft Dr in desirable La Mesa! This spacious 7-bedroom, 5-bathroom home near Mt. Helix offers incredible flexibility for large families, multi-generational living, or added workspace. Featuring a bright, open layout, the home is filled with natural light and includes generous living areas and a well-appointed kitchen with ample cabinetry. The multiple bedrooms provide versatility for guests, offices, or hobbies, while five bathrooms add everyday convenience. Enjoy a private backyard with space to relax or entertain- with chicken coop and live chickens. Conveniently located near Mt. Helix, parks, shopping, dining, and freeway access, this home combines comfort, space, and an excellent location. Don’t miss this unique opportunity in a sought-after La Mesa neighborhood!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,714 | 2,181.5 |
| Lot Size | - | 11,572 |
| Price | $975.0K | $1.05M |
| Price per sq ft | $359 | $594 |
| Built year | 1960 | 1960 |
| HOA | $0 | $210 |
| Days on market | 14 | 41 |
Jul 8, 2026
$975,000
Initial Listing
Sep 21, 2023
$927,000
Public Record