
La Mesa, California 91941
This High-Potential Investment Opportunity is listed at $1,199,999, positioned slightly above the $1,138,068 Fair Market Value. Despite the premium, the property offers a unique Multi-Unit Income Potential with a 2022 ADU and a flexible 3BR main house, allowing for three legal short-term rentals. With a Condition Rating of 2, the home features a new roof, solar, and modern upgrades. This turnkey, fully furnished asset is ideal for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking for a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7560 Normal Ave Subject 5 bd · 3 ba · 1,733 sqft · $657 | $1,199,999* List Price | 5 | 3 | 1,733 | $657 | - |
A 4040 Apore St Sold 3 bd · 2 ba · 1,206 sqft · $742 · 0.3 mi | $895,000 | 3 | 2 | 1,206 | $742 | 0.3 mi |
B 7320 Sono Place Sold 3 bd · 2 ba · 1,344 sqft · $692 · 0.3 mi | $930,000 | 3 | 2 | 1,344 | $692 | 0.3 mi |
C 4504 Lee Avenue Sold 3 bd · 2 ba · 1,397 sqft · $756 · 0.5 mi | $1,056,000 | 3 | 2 | 1,397 | $756 | 0.5 mi |
D 4303 Canterbury Sold 3 bd · 2 ba · 1,632 sqft · $766 · 0.6 mi | $1,250,000 | 3 | 2 | 1,632 | $766 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand new ADU built in 2022 and a main home renovated with a new roof (2022), solar panels, and updated kitchens and bathrooms. The systems and structures are highly functional with recent upgrades under 5 years old, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1053.
The property features a renovated main house and a new 2022 ADU, legally configured as three separate short-term rentals, offering exceptional cash flow and investment versatility.
Significant capital improvements including a 2022 roof, owned solar panels, and updated interiors ensure low operating expenses and immediate move-in readiness.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1226, other record living area = 1053. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
With 5 bedrooms and 3 bathrooms distributed across only 1,226 square feet, the individual living spaces and bedrooms may feel cramped or undersized for some occupants.
Despite recent renovations, the primary residence was built in 1952, which may present long-term maintenance challenges associated with older foundational or utility systems.
Something for everyone with this one of a kind TWO ON ONE sold FURNISHED in the heart of lovely La Mesa. The property stands as a 3BR 2BA renovated home with a garage, and a 2022 newly built 2BR 1BA ADU in the back. However, the property’s tremendous appeal lies in the fact it is operated legally as THREE separate short term rentals, as the 3BR house is easily be separated into a 2BR 1BA and a guest studio with private entrance! Plug and play your new short term rental investment with GREAT income, house hack, or welcome to your new home with a guest suite in the rear! New roof in 2022, laundry in each unit, solar comes with the property, and many other upgrades allow for low expense operation. A massive private backyard with fruit bearing orange and fig trees and multiple seating areas round out the charm! Come see it today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,733 | 1,879.622 |
| Lot Size | - | 8,762.815 |
| Price | $1.20M | $1.05M |
| Price per sq ft | $692 | $590 |
| Built year | 1952 | 1958 |
| HOA | $0 | $255 |
| Days on market | 34 | 44 |
Sep 21, 2026
$1,199,999
Initial Listing
Feb 19, 2021
$589,000
Public Record
Jul 31, 2019
$490,000
Public Record
Sep 30, 2008
$313,500
Public Record