
La Mesa, California 91941
This Custom Value-Add Ranch represents a strategic acquisition in the prestigious Mt. Helix area, listed at $929,000—positioned well below the $945,000 Fair Market Value by 1%. This valuation gap provides $16,000 in Instant Equity for an asset with a Condition Rating of 4. The property offers significant upside through the modernization of its original 1974 interiors and the utilization of a Permitted Detached Studio, Unfinished Basement, and Creek View Patio. Located near Top-Rated Murdock Elementary and Grossmont High, it balances high-yield potential with long-term stability. This is an ideal project for Contractors or Visionary Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4792 Beaumont Subject | $929,000* List Price | 3 | 3 | 1,593 | $593 | - |
A 9130 Grossmont Boulevard Sold | $865,000 | 4 | 2 | 1,668 | $519 | 0.6 mi |
B 9190 Spice Sold | $960,000 | 3 | 3 | 1,977 | $486 | 0.2 mi |
C 4307 Macronald Dr Sold | $995,000 | 3 | 2 | 1,376 | $723 | 0.5 mi |
D 5410 Bishops Way Sold | $900,000 | 3 | 2 | 1,889 | $476 | 0.8 mi |
E 10111 Pinnacle Lane Sold | $850,000 | 3 | 2 | 1,745 | $487 | 0.9 mi |
F 9273 Wister Active | $1,085,000 List Price | 3 | 2 | 1,621 | $669 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is a well-maintained 'time capsule' that remains largely in its original state. The kitchen features dated white cabinetry, laminate countertops, and vintage 1970s-era built-in appliances. Bathrooms are similarly outdated with period-specific wallpaper, faux-marble vanities, and older fixtures. While the home appears structurally sound with desirable features like vaulted ceilings and exposed wood beams, the overall interior—including the flooring, wall treatments, and lighting—requires significant cosmetic modernization and 'TLC' to meet current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1593.
The property includes a fully permitted detached studio with a bathroom, wet bar, and fireplace, offering exceptional versatility for a home office, guest suite, or creative retreat.
Situated in a highly desirable and peaceful neighborhood, the home offers a private, tucked-away setting while maintaining excellent proximity to downtown La Mesa and major transit corridors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12197, other record lot size in square feet = 12684.
The home is noted as needing 'TLC' and updates throughout, which may necessitate a substantial post-purchase budget for repairs and aesthetic improvements.
The original garage has been converted into a workshop and laundry area, which may be a disadvantage for buyers requiring traditional enclosed vehicle storage without further renovation.
Rustic Charm Meets Endless Potential in Mt. Helix! Unlock the possibilities with this hidden gem in the heart of Mt. Helix—perfect for savvy buyers, visionaries, and contractors alike! Set on a peaceful lot tucked away from the street, this custom-built ranch-style home offers the perfect blend of privacy, character, and opportunity. Step inside the spacious 3-bedroom, 2-bath main house and discover classic features ready to shine with a little TLC. The primary suite includes its own en-suite bathroom, while generous living and family rooms boast vaulted ceilings, exposed wood beams, and a cozy fireplace—perfect for creating a warm, inviting atmosphere. The kitchen flows effortlessly into the dining area, where sliding glass doors lead to a backyard full of potential. The former garage has been thoughtfully converted into a large workshop/laundry room/storage room—easily adaptable back to garage use or into a bonus space. Addtionally, the family room could be potentially used as an additional 4th bedroom (buyer to verify with local codes and permit requirements). Off-street parking is available behind the home. Out back, a fully permitted detached studio adds serious value and versatility. Complete with a bathroom, wet bar, fireplace and a cozy wood-paneled interior with exposed beams, it’s ideal as a home office, creative studio, or guest retreat. There’s even an unfinished basement for extra storage or future upgrades. (Note: the studio is not currently approved for rental.) Picture yourself relaxing in a backyard oasis, with a natural dry creek adding a serene, rustic touch—just waiting for the right landscaping vision to bring it to life. All this in a prime location near downtown La Mesa, Grossmont Center, and major freeways (I-8, SR-125, SR-94), giving you quick access to Mission Valley, SDSU, downtown San Diego, El Cajon, and more. Don’t miss this rare opportunity to create your dream home—or investment—in one of La Mesa’s most desirable neighborhoods!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 1,593 | 2,000 | 32% |
| Lot Size | 12,197 | 10,300 | 59% |
| Price | $929.0K | $1.09M | 32% |
| Price per sq ft | $583 | $558 | 57% |
| Built year | 1974 | 1961 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 139 | 13% |
Apr 16, 2026
$929,000
$945,000
-2% Price Drop
Initial Listing
Mar 4, 2026
$945,000
Initial Listing