4235 Francis Way, La Mesa, California 91942, La Mesa, 91942 - 4 bed, 2 bath
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La Mesa, California 91942
This Spacious Mid-Century Residence represents a Prime Investment Opportunity, listed at $849,000—positioned well below the $869,338 Fair Market Value by 2%. This valuation gap provides $20,338 in Instant Equity. With a Condition Rating of 4, the home features recent infrastructure updates and cosmetic refreshes, while the basement offers significant ADU conversion potential. Located in a walkable La Mesa neighborhood near top-rated schools like La Mesa Arts Academy, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4235 Francis Way Subject | $849,000* List Price | 4 | 2 | 1,699 | $512 | - |
A 4350 68th Street Sold | $960,000 | 3 | 2 | 2,088 | $460 | 0.3 mi |
B 4557 Toni Lane Sold | $1,049,000 | 3 | 2 | 1,746 | $601 | 0.4 mi |
C 7273 Cornell Avenue Sold | $855,000 | 4 | 2 | 2,201 | $388 | 0.5 mi |
D 7175 Stanford Ave Sold | $742,000 | 3 | 1 | 1,628 | $456 | 0.3 mi |
E 4650 Jessie Sold | $750,235 | 2 | 2 | 1,300 | $577 | 0.7 mi |
F 7329 W Point Ave Sold | $601,500 | 3 | 1 | 1,703 | $353 | 0.5 mi |
G 7183 Purdue Pending | $699,000 List Price | 4 | 2 | 1,435 | $487 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the home is well-maintained with recent cosmetic updates including fresh paint, new carpet, and refinished hardwoods. However, the kitchen and bathrooms are described as 'vintage' (original pink tile), making them over 70 years old and significantly dated. While functional and move-in ready, the property requires modernization of core areas and likely aging electrical/HVAC systems to meet modern standards.
Situated at the end of a quiet cul-de-sac, the property is within walking distance to La Mesa Village, Better Buzz Coffee, and local dining, offering high lifestyle appeal and convenience.
The basement includes a sink and proximity to existing plumbing, providing a significant opportunity for a workshop, hobby space, or conversion into an Accessory Dwelling Unit (ADU) for rental income.
Recent improvements including a new sewer line and liner, refinished original hardwood floors, and fresh interior/exterior paint provide essential peace of mind and immediate move-in readiness.
While preserved for charm, the 1952 original features such as the vintage pink tile bathroom may be perceived as dated by modern buyers, potentially requiring a costly renovation.
The backyard is described as needing a 'personal touch,' indicating that the buyer will likely need to invest additional capital to landscape and functionalize the outdoor living area.
First time on the market since 1952! This 4 bed, 2 bath home with a basement is at the end of a cul-de-sac in a quaint La Mesa neighborhood. Newly refinished original hardwood floors, brand-new carpet, new kitchen flooring and fresh interior and exterior paint. One of the home's standout features is the vintage pink tile bathroom, preserved to showcase its authentic mid-century charm. The basement includes a sink and is conveniently located near existing plumbing, offering potential for a workshop, hobby space, extra storage, or ADU conversion -buyer to verify-. Additional recent improvements include replacement of the main sewer line beneath the home (where accesable) and installation of a new sewer liner from the foundation to the property line clean-out. Additional highlights include an attached two-car garage, a spacious backyard ready for your personal touch, and a convenient location within walking distance to Better Buzz Coffee, local restaurants, shopping, and the La Mesa Village . This is a rare opportunity to own a home that has been loved by generations and is ready to welcome its next owners.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.9 mi
Grades 4-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,699 | 2,181.5 |
| Lot Size | 6,900 | 11,572 |
| Price | $849.0K | $1.05M |
| Price per sq ft | $500 | $594 |
| Built year | 1952 | 1960 |
| HOA | $0 | $210 |
| Days on market | 12 | 41 |
Jul 10, 2026
$849,000
Initial Listing