7940 University Avenue 34, La Mesa, California 91942, La Mesa, 91942 - 2 bed, 2 bath
ACTIVE$400,000
7940 University Avenue 34, La Mesa, California 91942
2Beds
2Baths
990Sqft
81,232Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location & Accessibility: Situated in a prime La Mesa location, offering walking distance to downtown shops, restaurants, and public transportation, plus quick access to major highways.
Top Cons:
Requires Extensive Upgrades: The property is explicitly stated to be 'in need of some upgrades' and requires 'TLC,' indicating a need for significant immediate investment in renovations.
Compared to the nearby listings
Price:$400.0K vs avg $653.8K ($-253,750)6%
Size:990 sqft vs avg 1,326.5 sqft6%
Price/sqft:$404 vs avg $4976%
More Insights
Built in 1980 (45 years old).
Condition: Built in 1980, this townhouse shows its age with original or very dated finishes throughout. The kitchen features older white appliances, light wood cabinetry, and basic countertops, indicating no major renovation in decades. Both bathrooms have similar dated light wood vanities, beige countertops, and basic fixtures. Carpets appear worn and would need replacement. While functional, the property requires significant cosmetic updates and minor repairs to meet current standards, aligning with a 'Fair' condition score.
Year Built
1980
Close
-
List price
$400K
Original List price
$475K
Price/Sqft
$404
HOA
$430
Days on market
-
Sold On
-
MLS number
OC25021668
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Approved Short Sale! Opportunity Awaits in a Prime La Mesa Location! This two-bedroom, 1.5-bath townhouse offers a spacious layout with a great floor plan that’s ready for your personal touch. Located in a gated community just blocks from downtown La Mesa, you’ll enjoy walking distance to shops, restaurants, and public transportation. While the unit is in need of some upgrades, it provides an excellent foundation with generous living space, a private patio, and large bedrooms. The complex includes well-maintained common areas, a community pool, and parking, with a prime location that’s just minutes from major highways. With some TLC, this townhouse could be the perfect place to call home or a great investment in the heart of La Mesa. Don't miss this opportunity to secure an affordable two-bedroom property in one of San Diego's most desirable neighborhoods!
Nearby schools
4/10
Rolando Elementary School
Public,•K-6•1.2mi
/10
La Mesa Middle School
Public,•7-8•0.6mi
8/10
La Mesa Arts Academy
Public,•4-8•0.7mi
/10
La Mesa-Spring Valley Home School/Independent Study
Public,•K-8•1.1mi
6/10
Science, Technology, Engineering, Arts, And Math Academy At La Presa
Public,•4-8•3.8mi
3/10
Mount Miguel High School
Public,•9-12•2.8mi
3/10
Idea Center
Public,•9-12•4.6mi
Condition Rating
Fair
Built in 1980, this townhouse shows its age with original or very dated finishes throughout. The kitchen features older white appliances, light wood cabinetry, and basic countertops, indicating no major renovation in decades. Both bathrooms have similar dated light wood vanities, beige countertops, and basic fixtures. Carpets appear worn and would need replacement. While functional, the property requires significant cosmetic updates and minor repairs to meet current standards, aligning with a 'Fair' condition score.
Pros & Cons
Pros
Exceptional Location & Accessibility: Situated in a prime La Mesa location, offering walking distance to downtown shops, restaurants, and public transportation, plus quick access to major highways.
Gated Community with Amenities: Provides enhanced security within a gated complex that includes well-maintained common areas, a community pool, and dedicated parking.
Significant Investment Potential: An approved short sale with a recent price reduction presents an affordable entry point into a desirable neighborhood, offering strong potential for appreciation after upgrades.
Functional & Spacious Layout: Features a great floor plan with generous living space, large bedrooms, and a private patio, providing a comfortable foundation.
Desirable Neighborhood: Located in one of San Diego's most desirable neighborhoods, offering a vibrant lifestyle with nearby amenities and a strong sense of community.
Cons
Requires Extensive Upgrades: The property is explicitly stated to be 'in need of some upgrades' and requires 'TLC,' indicating a need for significant immediate investment in renovations.
Short Sale Transaction Complexity: While approved, short sales can still involve a more complex and potentially longer closing process compared to traditional sales, requiring buyer patience.
High Monthly Association Fee: A substantial monthly association fee of $430 adds a significant recurring cost to homeownership, impacting overall affordability.