5300 Tufts Street, La Mesa, California 91942, La Mesa, 91942 - 6 bed, 4 bath
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La Mesa, California 91942
This Fully Upgraded Smart Home is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,377,391 Fair Market Value by 5%. This valuation gap offers $78,391 in Instant Equity. Boasting a Renovated Condition Rating, the 6-bedroom layout currently generates $10,000 monthly income near SDSU. With a 10,000+ sqft lot featuring Canyon Views and proximity to Maryland Avenue Elementary, it balances high-yield potential with premium lifestyle. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5300 Tufts Street Subject | $1,299,000* List Price | 6 | 4 | 2,555 | $539 | - |
A 7936 Anders Circle Sold | $1,059,000 | 4 | 2 | 1,956 | $541 | 0.7 mi |
B 5441 Pennsylvania Ln Sold | $1,103,501 | 4 | 3 | 2,136 | $517 | 0.7 mi |
C 4800 Lee Ave Sold | $1,250,000 | 4 | 3 | 2,046 | $611 | 0.8 mi |
D 4789 Harbinson Avenue Active | $1,650,000 List Price | 4 | 3 | 2,663 | $620 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1965, the property has undergone a comprehensive and high-quality modern renovation within the last few years. The interior features a contemporary open-concept layout with vaulted ceilings, new wood-look flooring, and updated recessed lighting. The kitchen and all four bathrooms have been fully remodeled with modern cabinetry, stone countertops, and high-end fixtures, including a primary suite with custom shower jets. Additional premium upgrades such as solar panels, artificial turf, and a smart home system confirm its status as a fully renovated, move-in-ready residence.
Currently generating over $10,000 per month in student housing income with a prime location just 2.5 miles from SDSU, offering immediate and significant cash flow for investors.
The fully upgraded 6-bedroom floor plan includes two primary suites, providing rare flexibility for large families, co-living arrangements, or high-capacity rental strategies.
Situated on a generous 10,000+ square foot lot with no rear neighbors, the property offers a level of seclusion and open neighborhood views seldom found in high-density residential areas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10018, other record lot size in square feet = 10100. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
With active student leases in place through the end of May, traditional homebuyers looking for immediate possession will face a mandatory waiting period before they can occupy the residence.
The property's current use as high-occupancy student housing typically results in accelerated wear and tear on interior finishes and systems compared to a standard owner-occupied home.
Highly flexible 6-bedroom, 4-bathroom fully upgraded smart home designed to perform as both a high-income investment or a spacious multi-generational residence. Currently generating over $10k per month in student housing income, with leases in place through the end of May—offering immediate cash flow or a seamless transition into your own home. Thoughtfully designed for flexibility, the layout features two master suites, including a downstairs primary with custom shower jets—ideal for extended family or added privacy. Situated on a large lot with no rear neighbors, enjoy a covered patio, open views, and a level of privacy that’s hard to find. Located just 2.5 miles from San Diego State University, this is a rare blend of lifestyle, location, and income potential.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 1.5 mi
Grades 4-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 96% |
| Baths | 4.0 | 2.0 | 93% |
| Square foot | 2,555 | 1,629 | 96% |
| Lot Size | 10,018.8 | 7,100 | 81% |
| Price | $1.30M | $899.0K | 96% |
| Price per sq ft | $508 | $611 | 29% |
| Built year | 1965 | 1953 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 139 | 10% |
Apr 9, 2026
$1,299,000
Initial Listing
Dec 27, 2022
$1,000,000
Public Record
Jul 13, 2022
$687,000
Public Record