
La Mesa, California 91942
This Strong Value Opportunity is listed at $750,000, positioned well below the $796,286 Fair Market Value by 5%. This valuation gap provides $46,286 in Instant Equity. Featuring a Condition Rating of 3, the home offers Extensive Modern Upgrades including a new roof and kitchen, while the 11,522 sqft lot provides significant ADU expansion potential. Located near Grossmont High School, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5079 Guava Subject 2 bd · 1 ba · 859 sqft · $873 | $695,000* List Price | 2 | 1 | 859 | $873 | - |
A 7730 Loma Vista Sold 3 bd · 2 ba · 1,112 sqft · $793 · 0.3 mi | $881,500 | 3 | 2 | 1,112 | $793 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features significant recent upgrades including a new roof, a 200-amp electrical panel, new mini-split HVAC systems, and a beautifully modernized kitchen with new cabinetry and countertops. While the main living areas and systems are updated, the bathroom remains dated with older tiling and fixtures, making the overall property a well-maintained, move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11522, living area = 859.
The property features significant recent improvements including a new roof, 200-amp electrical panel, updated kitchen, and new mini-split air conditioning, ensuring immediate move-in readiness and reduced maintenance costs.
Situated on a generous 11,522 sqft lot, the property offers ample space for future growth, including the potential to add a garage or an ADU, providing excellent long-term value appreciation.
With only 859 square feet and a single bathroom, the home's compact footprint may be restrictive for growing families or those requiring a dedicated home office.
The list price of $750,000 reflects a high cost per square foot, which may challenge buyers focused on interior volume despite the large lot size and recent upgrades.
Set in the heart of La Mesa Colony, this 1927 two-bedroom, one-bath home offers timeless character, thoughtful updates, and exciting possibilities for the future. An appealing starter-home opportunity with room to grow, the property provides space to explore the potential addition of a garage or carport with an ADU above or behind it, subject to applicable zoning, permitting, and approvals. Recent improvements enhance both style and functionality, including a new roof, new 200-amp electrical panel, updated kitchen with new cabinetry and countertops, new maple flooring, new carpet, replacement windows, and newly installed air mini split conditioning plus newly installed gas wall heater. Additional upgrades include driveway improvements, new fencing and privacy screens, refinished basement space, and a wine cellar. Outdoor living is expanded with both upper and lower concrete patios, creating flexible areas for relaxing, dining, or entertaining. The property’s layout and site offer a compelling blend of existing charm and future potential, while its central La Mesa location puts an abundance of dining, shopping, coffee shops, and freeway access just down the street. San Diego State University is approximately 3.5 miles away. With its combination of classic 1920s character, meaningful updates, usable outdoor space, and opportunity to expand, this La Mesa Colony home is ready to be enjoyed today while offering possibilities for tomorrow. A must see!
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 7-8 • 1.1 mi
Grades 4-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 1.0 | 2.5 |
| Square foot | 859 | 1,879.622 |
| Lot Size | 11,522 | 8,762.815 |
| Price | $695.0K | $1.05M |
| Price per sq ft | $809 | $590 |
| Built year | 1927 | 1958 |
| HOA | $0 | $255 |
| Days on market | 32 | 44 |
Oct 15, 2026
$695,000
$750,000
-7% Price Drop
Initial Listing
Sep 23, 2026
$750,000
Initial Listing
Jul 17, 2001
$196,000
Public Record
Apr 13, 2000
$158,500
Public Record