
La Mesa, California 91942
This property presents a High-Potential Investment Opportunity with a List Price of $878,000—positioned well below the $825,542 Fair Market Value by -6%. While the property is currently priced above the estimated market value, the partially converted basement with a separate entrance offers significant ADU and rental potential. With a Condition Rating of 4, the home requires modernization, yet its oversized yard and proximity to top-rated schools like La Mesa Arts Academy provide long-term upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8810 Hayes St Subject 3 bd · 2 ba · 1,160 sqft · $685 | $819,000* List Price | 3 | 2 | 1,160 | $685 | - |
A 4855 Pine Street Sold 3 bd · 2 ba · 1,578 sqft · $656 · 0.7 mi | $1,035,000 | 3 | 2 | 1,578 | $656 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this property is functional but dated. While the kitchen has received minor cosmetic updates (paint and newer flooring), the bathroom features older tiling and vanities exceeding 20 years in age. The partially converted basement requires significant finishing, and the presence of wall heaters indicates older mechanical systems.
The partially converted basement with a separate entrance provides a significant opportunity to create a secondary living unit, home office, or rental space for supplemental income.
The property features an oversized yard and covered patio, offering rare flexibility for gardening, recreation, or potential structural expansions in a desirable neighborhood.
Conveniently situated near La Mesa Village, Grossmont Center, and MacArthur Park, the home offers excellent access to top-tier shopping, dining, and local amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1160, other record living area = 1732.
Built in 1947, the home likely requires modernization of its core systems and interior finishes to meet the standards of contemporary buyers.
With only 1.5 bathrooms serving three bedrooms, the current configuration may be a drawback for larger families or those seeking a modern primary suite.
Welcome to this charming detached home in the heart of La Mesa, offering 3 bedrooms, 1.5 bathrooms, and plenty of flexibility for today’s lifestyle. The main living area is situated on the first level, providing a comfortable and functional layout. A standout feature is the partially converted basement, which includes a separate entrance and offers exciting potential to finish and create additional living space, a private area for multigenerational living, or a possible rental opportunity. Outside you'll find a covered patio area and an oversized yard offering plenty of room to make the space your own. The expansive outdoor area provides endless possibilities for entertaining, gardening, recreation, play space, or creating your own outdoor retreat. The property also features a detached two-car garage and a long driveway providing ample off-street parking for multiple vehicles. Conveniently located near Grossmont Center, La Mesa Village, and MacArthur Park, providing easy access to shopping, dining, recreation, and local amenities.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-8 • 0.4 mi
Grades 7-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,160 | 1,879.622 |
| Lot Size | - | 8,762.815 |
| Price | $819.0K | $1.05M |
| Price per sq ft | $706 | $590 |
| Built year | 1947 | 1958 |
| HOA | $0 | $255 |
| Days on market | 31 | 44 |
Oct 22, 2026
$819,000
$878,000
-7% Price Drop
Initial Listing
Oct 6, 2026
$878,000
$928,000
-5% Price Drop
Initial Listing
Sep 24, 2026
$928,000
Initial Listing