7292 West Point Avenue, La Mesa, California 91942, La Mesa, 91942 - 2 bed, 1 bath
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La Mesa, California 91942
This Single Family Residence is a Strong Value Opportunity, listed at $820,000—positioned well below the $759,012 Fair Market Value by -8%. While the home maintains a Condition Rating of 4, its ADU Expansion Potential and City Light Views provide significant long-term upside. Located in the University Park Annex near top-rated schools like La Mesa Arts Academy, this property balances immediate move-in readiness with clear renovation potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7292 West Point Avenue Subject | $820,000* List Price | 2 | 1 | 882 | $861 | - |
A 4349 Yale Avenue Sold | $750,000 | 2 | 1 | 862 | $870 | 0.2 mi |
B 7365 Cornell Ave Sold | $690,000 | 3 | 1 | 912 | $757 | 0.1 mi |
C 4935 Clearview Way Sold | $705,000 | 2 | 1 | 806 | $875 | 1.0 mi |
D 4470 Olive Ave Active | $699,900 List Price | 2 | 1 | 870 | $804 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is move-in ready with fresh paint and original hardwood floors, it was built in 1943 and the kitchen remains significantly dated with older tile countertops, cabinetry, and appliances likely exceeding 20-30 years in age. It requires modernization of key systems and finishes to meet current standards.
The generous 5,900-square-foot lot includes conceptual plans for a 400-600 square foot Accessory Dwelling Unit, offering significant value-add potential and future rental income opportunities.
Situated at the top of La Mesa's historic Secret Stairs in the sought-after University Park Annex, the property boasts city views and a quiet, high-demand neighborhood setting surrounded by larger homes.
The home is move-in ready with beautiful original hardwood floors, fresh white paint, and a bright, inviting interior, allowing for immediate occupancy without the need for initial renovations.
With only 882 square feet of living area, the home's small footprint may be a constraint for growing families or buyers requiring more functional indoor space.
The 2-bedroom, 1-bathroom layout can be a drawback for modern buyers, potentially limiting the property's appeal compared to homes with a master suite or second bathroom.
Opportunity Knocks in Desirable La Mesa! This charming 2-bedroom, 1-bath home offers 882 square feet of comfortable living space on a generous 5,900-square-foot lot with an attached two-car garage. Move-in ready, the home features beautiful hardwood floors, fresh white walls, and a bright, inviting interior. The spacious backyard offers exceptional potential. A construction company specializing in ADUs has proposed conceptual plans for either an approximately 400-square-foot or 600-square-foot Accessory Dwelling Unit (buyer to verify all feasibility, permits, and city requirements). Enjoy city views from the rear of the property and the possibilities this lot provides. Ideally located on a quiet street at the top of La Mesa's historic Secret Stairs, this home is part of the sought-after University Park Annex neighborhood, known for its friendly community and pride of ownership. Surrounded by larger homes, this property presents an outstanding opportunity for future expansion, investment, or simply enjoying as-is. Conveniently located near shopping, dining, parks, and freeway access. Don't miss this rare opportunity to own a home with both immediate charm and long-term upside! ps. check out the Virtual Tour Link for a full tour!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.7 mi
Grades 4-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 882 | 2,181.5 |
| Lot Size | 5,900 | 11,572 |
| Price | $820.0K | $1.05M |
| Price per sq ft | $930 | $594 |
| Built year | 1943 | 1960 |
| HOA | $0 | $210 |
| Days on market | 13 | 41 |
Jul 9, 2026
$820,000
Initial Listing