7998 El Capitan, La Mesa, California 91942, La Mesa, 91942 - 4 bed, 2 bath
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La Mesa, California 91942
This High-Potential Investment Opportunity is a versatile mid-century property listed at $850,000, positioned well below the $879,083 Fair Market Value by 3%. This valuation gap offers $29,083 in Instant Equity. Featuring an attached ADU and dual solar systems, the home provides significant income potential despite its Fair Condition Rating. With northward city views and proximity to La Mesa Village, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property with rental income capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7998 El Capitan Subject | $850,000* List Price | 4 | 2 | 1,593 | $552 | - |
A 7607 Seton Hall St Sold | $868,500 | 3 | 2 | 1,783 | $487 | 0.6 mi |
B 5490 Aztec Drive Sold | $930,000 | 4 | 3 | 1,774 | $524 | 0.7 mi |
C 7861 Cimarron Ln Sold | $702,500 | 4 | 2 | 1,706 | $412 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this property is a classic mid-century home that appears well-kept but dated. While the addition of solar and an ADU are value-adds, the main structure features an aging wood shake roof and popcorn ceilings, suggesting that major systems and cosmetic finishes are likely over 20-30 years old and due for updates.
The property features an attached ADU with a full kitchen and private entrance, offering a turnkey opportunity for rental income or a private multigenerational living arrangement.
Situated in a private neighborhood within a 10-minute walk to La Mesa Village and the farmers market, the home boasts fantastic northward city views and a high walkability factor.
Equipped with two solar systems, including one fully owned unit, the property provides significant long-term utility savings and environmental benefits.
The presence of a Solar PPA (Power Purchase Agreement) requires the buyer to qualify for and assume a lease, which can add complexity to the financing and escrow process.
Built in 1957, the home may require updates to its original systems or cosmetic renovations to align with modern standards and maximize its mid-century potential.
Charming Mid Century tucked in a private little neighborhood with views of the city. Fantastic Northward views. Family room with fireplace. Large lot with room for expansion, pool, garden retreat or bring your imagination. Attached ADU with full kitchen and private entrance. Close to La Mesa Village and shopping. Just a 10 min walk to the farmers market. Two solar systems, one owned, one PPA.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 1.0 mi
Grades 4-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,593 | 1,536 | 54% |
| Lot Size | 6,928 | 6,928 | 50% |
| Price | $850.0K | $900.0K | 32% |
| Price per sq ft | $534 | $625 | 28% |
| Built year | 1957 | 1953 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 122 | 13% |
May 28, 2026
$850,000
Initial Listing
Aug 12, 2004
$545,000
Public Record
Jan 10, 1997
$177,000
Public Record