7222 Princeton Ave, La Mesa, California 91942, La Mesa, 91942 - 4 bed, 3 bath
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La Mesa, California 91942
This Turnkey Multi-Unit Compound is listed at $1,125,000, offering a stable entry point aligned with its $1,128,570 Fair Market Value. The property features three distinct, renovated living spaces and holds an Excellent Condition Rating, further enhanced by Paid-Off Solar, upgraded kitchens, and a private deck. While Rolando Elementary and Mount Miguel High have lower ratings, the property benefits from proximity to the top-rated La Mesa Arts Academy. This versatile asset provides a rare "house-hack" opportunity with significant rental offsets. It is an ideal match for Owner-Occupants or Savvy Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7222 Princeton Ave Subject | $1,125,000* List Price | 4 | 3 | 1,945 | $580 | - |
A 4800 Lee Ave Sold | $1,250,000 | 4 | 3 | 2,046 | $611 | 0.8 mi |
B 4541 Culbertson Ave Sold | $880,000 | 4 | 2 | 1,391 | $633 | 0.4 mi |
C 7680 Seneca Place Sold | $900,000 | 3 | 2 | 1,415 | $636 | 0.6 mi |
D 4363 Harvard Ave Sold | $935,000 | 3 | 1 | 1,287 | $726 | 0.2 mi |
E 4580 71st Street Sold | $1,450,000 | 6 | 4 | 2,510 | $578 | 0.3 mi |
F 4557 Toni Lane Pending | $1,049,000 List Price | 3 | 2 | 1,746 | $601 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1947, the property has undergone extensive recent renovations and is presented in turnkey condition. It features modern upgraded kitchens with stainless steel appliances, new flooring throughout, recessed lighting, updated bathrooms, and the added value of paid-off solar panels, meeting high current quality standards with no visible deferred maintenance.
The property is thoughtfully configured into three distinct living spaces (3BR/1BA, 1BR/1BA, and a studio), offering exceptional flexibility for multi-generational living or a high-yield investment strategy.
This move-in-ready home features modern upgrades including renovated kitchens and recessed lighting, further enhanced by the significant value of fully paid-off solar panels.
Rare for multi-unit properties, each of the three units boasts its own dedicated yard and individual washer/dryer, maximizing tenant satisfaction and occupant privacy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1945, other record living area = 1620.
The local assigned schools, particularly at the elementary and high school levels, carry lower performance ratings, which may be a concern for families prioritizing education.
Accommodating three units on a 4,900 sqft lot results in high density; with the garage converted to a studio, off-street parking and total outdoor space are notably limited.
Discover the perfect blend of flexibility and value at 7222 Princeton Ave. This beautiful property is turn key and move in ready with PAID OFF SOLAR. Situated in the charming Rolando pocket of La Mesa, this unique property offers an incredible opportunity for homeowners and savvy investors alike. Whether you are looking for a spacious multi-generational compound, a primary residence with significant rental offsets, or a high-performing three-unit investment, this property delivers. Located in the heart of the charming Rolando Village neighborhood of La Mesa. This versatile property is thoughtfully configured into three distinct living spaces, making it a perfect fit for a multi-generational family or a high-yield investment portfolio. The main residence features a spacious 3-bedroom, 1-bathroom layout, complemented by a private 1-bedroom, 1-bathroom downstairs unit and a stylishly converted garage studio. Exceptional privacy is a hallmark of this property, as all three units boast their own dedicated yards, upgraded kitchens, flooring, recessed lighting, appliances, and individual washers and dryers. A turnkey setup, this home is ready for immediate occupancy. Whether you are looking to live in one unit while offsetting your mortgage with two rentals or looking for a rare three-unit property asset in a prime location, this property delivers. Definitely a must see!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.8 mi
Grades 4-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 1,945 | 1,629 | 72% |
| Lot Size | 4,900 | 7,086 | 25% |
| Price | $1.12M | $899.0K | 80% |
| Price per sq ft | $578 | $611 | 42% |
| Built year | 1947 | 1953 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 139 | 10% |
Apr 7, 2026
$1,125,000
Initial Listing
Feb 10, 2021
$801,000
Public Record
Apr 27, 2018
$586,000
Public Record
Jul 27, 2015
$490,000
Public Record
Jul 31, 2012
$345,000
Public Record