
La Mesa, California 91942
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well above the $736,533 Fair Market Value by -22%. While the home requires a full rehab due to its Condition Rating of 5, the unique layout featuring Dual Primary Suites and a Generous Side Yard for RV/boat storage offers significant value-add potential. Located near Lake Murray, this asset is ideal for Fix-and-Flip Investors or Contractors capable of modernizing the original 1960s finishes to maximize long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7640 Torrem Street Subject | $899,000* List Price | 3 | 3 | 1,711 | $430 | - |
A 5490 Aztec Drive Sold | $930,000 | 4 | 3 | 1,774 | $524 | 0.6 mi |
B 7607 Seton Hall St Sold | $868,500 | 3 | 2 | 1,783 | $487 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and described as being in 'original condition,' the property features a kitchen and bathrooms that are 40-60 years old. While the home appears clean and well-maintained, the age of the finishes (wallpaper, tile, cabinetry) and the 1982 upstairs addition place it in the category requiring a full rehab to meet modern standards.
Situated just blocks from Lake Murray, the property offers exceptional access to outdoor recreation and features scenic lake views from the upper-level primary suite.
The unique layout includes two primary suites—one on each level—providing excellent potential for multi-generational living or a private guest sanctuary.
A generous side yard accommodates large vehicles like RVs, boats, or trailers, offering rare flexibility and convenience for owners with active lifestyles.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Maintained by the same owner for over 50 years, the home is in original condition and will require significant cosmetic updates and modernization.
As a 1960s-era property sold as a 'fixer' opportunity, buyers should anticipate additional capital investment for potential system upgrades and repairs.
For the first time in more than five decades, someone new gets to call this place home! Could it be you? Welcome to 7640 Torrem St., a home that sits a couple of streets over from the adventurous Lake Murray. This two-story greets you with simple yet tasteful curb appeal. Its location and original condition make this prime property an incredible opportunity for someone looking to put their own style into their home. Upon entry, the living room, anchored by a fireplace, connects naturally to the dining area, while the eat-in kitchen is just beyond. Along with the living spaces, you'll find two bedrooms and two baths, one being the first primary with an ensuite bathroom. The enclosed patio/sunroom seamlessly adds to your living space year-round and provides direct access to the backyard and garage. Upstairs is the private escape for a second primary suite that was added with permits (1982). The oversized bedroom has a mini split AC unit, a wonderful cross breeze and a view to the lake, an ensuite bathroom, and a walk-in closet. It makes for great multi-generational living, hosting guests, or simply having your own sanctuary easier than ever. The generous side yard is ready to host your RV, boat, trailer, vintage car, shed space, batting cage or whatever your lifestyle demands, without the hassle of off-site storage. This house has been cherished, protected, and loved for generations and it's ready to find its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 1,711 | 1,536 | 65% |
| Lot Size | 6,300 | 6,900 | 41% |
| Price | $899.0K | $900.0K | 49% |
| Price per sq ft | $525 | $625 | 27% |
| Built year | 1960 | 1953 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 120 | 13% |
May 28, 2026
$899,000
Initial Listing