7000 S Saranac 47, La Mesa, California 91942, La Mesa, 91942 - 2 bed, 1 bath
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7000 S Saranac 47
La Mesa, California 91942
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,016Sq Ft
0Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$506,182
11% BelowMARKET VALUE
SUMMARY
This Renovated Townhome is a Strong Value Opportunity, listed at $550,000—positioned well below the $556,614 Fair Market Value by 1.19%. This valuation gap offers $6,614 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this move-in ready home includes a modern kitchen, vaulted ceilings, and private garage parking. Located near SDSU and top-rated schools like the La Mesa Arts Academy, it offers a perfect balance of lifestyle and stability for first-time buyers or owner-occupants seeking a turnkey residence.
Estimated Market Value
$506,182+$56,182 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in La Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7000 S Saranac 47 Subject 2 bd · 1 ba · 1,016 sqft · $498 | $450,000* List Price | 2 | 1 | 1,016 | $498 | - |
A 5440 Baltimore Dr 92 Sold 2 bd · 2 ba · 1,086 sqft · $533 · 1.0 mi | $579,000 | 2 | 2 | 1,086 | $533 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets and stainless steel appliances, updated bathrooms with contemporary tiling and fixtures, and new laminate flooring throughout. Despite the 1976 build date, the interior is in mint, move-in ready condition with fresh paint and updated systems including a modern HVAC condenser.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Renovations
The townhome features fresh interior paint, an updated kitchen with stainless-steel appliances, and soaring vaulted ceilings, offering a modern aesthetic and immediate occupancy without the need for repairs.
- Strategic Location
Ideally situated near San Diego State University (SDSU) and major freeways, this property offers high appeal for commuters, faculty, and investors seeking a prime rental location.
- Superior Parking Assets
Rare for this property type, the unit includes both a private attached 1-car garage and an additional private parking space, providing significant convenience and added storage value.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving two bedrooms, the layout may be less desirable for roommates or small families compared to units with a primary ensuite.
- High Monthly HOA Dues
The $537 monthly association fee is a substantial recurring expense that impacts a buyer's debt-to-income ratio and overall monthly affordability.
About 7000 S Saranac 47
Beautifully renovated single-story townhome, ideally situated near the end of the community and centrally located in San Diego, just minutes from SDSU! This charming 2-bedroom, 1-bath home offers approximately 1,016 sq. ft. of living space with an inviting open floor plan and soaring vaulted ceilings that create a bright and spacious feel. Features include a private attached 1-car garage plus one additional private parking space, fresh interior paint, and an updated kitchen with stainless-steel appliances. Step outside to enjoy your morning coffee or unwind on the private patio. Located in a well-maintained condominium community featuring attractive grounds, a swimming pool, and tennis/pickleball courts. Water, sewer, and trash are included in the HOA fees. Conveniently located near SDSU, shopping, dining, and major freeways. Move-in ready and a must-see!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1976
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $537.0 / Month
Neighborhood Insights
La Mesa Unified Schools
Rolando Elementary School
Grades K-6 • 0.6 mi
4/10
La Mesa Middle School
Grades 7-8 • 1.5 mi
0/10
La Mesa Arts Academy
Grades 4-8 • 1.5 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,016 | 1,253.786 |
| Lot Size | - | 67,293.667 |
| Price | $450.0K | $635.1K |
| Price per sq ft | $443 | $520 |
| Built year | 1976 | 1983 |
| HOA | $537.0 | $403 |
| Days on market | 17 | 46 |
Pricing History
Listed for Sale
Oct 22, 2026
$450,000
$550,000
-18% Price Drop
Initial Listing
Price Change
Oct 8, 2026
$550,000
Initial Listing
Sold
Jul 3, 2003
$265,000
Public Record
Sold
May 24, 2002
$200,500
Public Record