7700 Parkway Drive, La Mesa, California 91942, La Mesa, 91942 - 3 bed, 3 bath
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La Mesa, California 91942
This 3-bedroom, 3-bathroom condominium represents a Strong Value Opportunity, listed at $675,000—positioned well below the $746,071 Fair Market Value by 9%. This valuation gap provides $71,071 in Instant Equity for the buyer. Featuring a 1,610 sqft layout, central air, and a private patio, the property maintains a Condition Rating of 4. While cosmetic updates are recommended, the included $5,000 carpet allowance facilitates immediate personalization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, well-located La Mesa residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7700 Parkway Drive Subject | $675,000* List Price | 3 | 3 | 1,610 | $463 | - |
A 5715 Baltimore Drive 91 Sold | $750,000 | 3 | 3 | 1,385 | $542 | 0.7 mi |
B 5673 Lake Murray Blvd B Sold | $780,000 | 3 | 2 | 1,451 | $538 | 0.4 mi |
C 5715 Baltimore Drive 23 Sold | $681,038 | 3 | 3 | 1,385 | $492 | 0.6 mi |
D 5359 Aztec 26 Sold | $629,000 | 2 | 2 | 1,263 | $498 | 0.3 mi |
E 4701 Date Ave 219 Sold | $665,000 | 3 | 2 | 1,507 | $441 | 0.9 mi |
F 5350 Baltimore Drive 58 Sold | $475,000 | 2 | 2 | 967 | $491 | 0.1 mi |
G 7735 Saranac Pl 58 Sold | $510,000 | 2 | 2 | 1,184 | $431 | 0.3 mi |
H 7780 Parkway Drive 1602 Active | $600,000 List Price | 3 | 2 | 1,321 | $454 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old property is dated and requires cosmetic updates, specifically new flooring as indicated by the $5,000 carpet allowance. However, it remains functional and move-in ready with essential systems like central air and heat.
At 1,610 square feet with a 3-bedroom, 3-bathroom configuration and vaulted ceilings in the master suite, this condo offers a spacious and airy layout that is superior to many standard units in the area.
The property features essential central air and heat for year-round comfort, complemented by the convenience of both a private one-car garage and an additional dedicated parking space.
The inclusion of a $5,000 carpet allowance provides a tangible financial benefit at closing, allowing the new owner to immediately begin personalizing the space to their own taste.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1610, other record living area = 1552.
The 1974 construction year combined with the specific mention of a carpet allowance suggests that the property likely requires further cosmetic updates to meet modern aesthetic expectations.
The monthly association fee of $418 adds a significant recurring cost to the monthly mortgage obligation, which may impact the overall affordability for budget-conscious buyers.
La Mesa condo with 3 bedrooms and 3 baths with 1 car garage/1 car parking space. Patio off the kitchen in back. Master bedroom has vaulted ceilings with walk-in closet. Two of the bedrooms share balcony. The home has central air and heat. Seller to give a $10,000 flooring allowance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,610 | 1,051 |
| Lot Size | - | 142,906.6 |
| Price | $675.0K | $539.2K |
| Price per sq ft | $419 | $531 |
| Built year | 1974 | 1976 |
| HOA | $418.0 | $470 |
| Days on market | 25 | 56 |
Jun 27, 2026
$675,000
Initial Listing
May 25, 2017
$385,000
Public Record
Dec 16, 2014
$285,000
Public Record