7700 Parkway Drive, La Mesa, California 91942, La Mesa, 91942 - 3 bed, 3 bath
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7700 Parkway Drive
La Mesa, California 91942
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,610Sq Ft
0Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$638,316
6% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $649,000, positioned well below the $674,031 Fair Market Value by 3%. This valuation gap offers $25,031 in Instant Equity for buyers. With a Fair Condition Rating, the property features a 1,610 sqft floor plan with vaulted ceilings and a private patio. The seller’s $10,000 flooring allowance provides immediate value for cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior improvements.
Estimated Market Value
$638,316+$39,316 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in La Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7700 Parkway Drive Subject | $599,000* List Price | 3 | 3 | 1,610 | $396 | - |
A 4701 Date Avenue 310 Sold | $650,000 | 3 | 2 | 1,507 | $431 | 0.9 mi |
B 7780 Parkway Drive 1602 Sold | $590,000 | 3 | 2 | 1,321 | $447 | 0.1 mi |
C 4701 Date Ave 219 Sold | $665,000 | 3 | 2 | 1,507 | $441 | 0.9 mi |
D 7735 Saranac Pl 58 Sold | $510,000 | 2 | 2 | 1,184 | $431 | 0.3 mi |
E 4800 Williamsburg Lane 236 Sold | $462,500 | 2 | 2 | 995 | $465 | 0.7 mi |
F 5700 Baltimore Dr 154 Sold | $485,000 | 2 | 3 | 1,068 | $454 | 0.6 mi |
G 7780 Parkway Dr 1101 Active | $589,900 List Price | 3 | 2 | 1,321 | $447 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1974 (50 years old) and appears dated with original or older finishes. While it features functional systems like central air and heat, the seller's offer of a $10,000 flooring allowance confirms the need for immediate cosmetic updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
At 1,610 square feet with 3 bedrooms and 3 bathrooms, this condo offers a significantly larger footprint than typical units in the area, featuring vaulted ceilings and a walk-in closet in the master suite.
- Seller Incentives
The inclusion of a $10,000 flooring allowance provides immediate value and financial flexibility for a buyer to customize the home's interior to their specific taste.
- Essential Modern Comforts
The property is equipped with central air conditioning and heating, a private patio, and the convenience of both a one-car garage and an additional dedicated parking space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1610, other record living area = 1552.
- Market Stagnation
With 40 days on the market and a recent price reduction from the original list price, the property is experiencing slower momentum compared to faster-moving local inventory.
- Need for Cosmetic Updates
The necessity of a flooring allowance suggests that the interior finishes may be dated or in poor condition, requiring the buyer to manage renovations immediately upon possession.
About 7700 Parkway Drive
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $418.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,610 | 1,005.667 |
| Lot Size | - | 146,258.893 |
| Price | $599.0K | $510.3K |
| Price per sq ft | $372 | $529 |
| Built year | 1974 | 1977 |
| HOA | $418.0 | $445 |
| Days on market | 74 | 52 |
Pricing History
Listed for Sale
Aug 23, 2026
$599,000
$649,000
-8% Price Drop
Initial Listing
Price Change
Aug 2, 2026
$649,000
$675,000
-4% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$675,000
Initial Listing
Sold
May 25, 2017
$385,000
Public Record
Sold
Dec 16, 2014
$285,000
Public Record