
La Mesa, California 91941
This 1948 California Bungalow represents a Strong Value Opportunity, listed at $1,099,995—positioned well below the $1,190,552 Fair Market Value by 7%. This valuation gap provides $90,557 in Instant Equity. Featuring a Condition Rating of 2, the home offers a modernized kitchen and vaulted ceilings on an expansive half-acre lot with Mountain Views. With significant Development Potential for ADUs or lot splits, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9092 Terrace Dr Subject 4 bd · 2 ba · 1,802 sqft · $661 | $1,099,995* List Price | 4 | 2 | 1,802 | $661 | - |
A 9130 Johnson Dr Sold 3 bd · 2 ba · 1,967 sqft · $610 · 1.0 mi | $1,200,000 | 3 | 2 | 1,967 | $610 | 1.0 mi |
B 4369 Macronald Dr Sold 4 bd · 3 ba · 2,203 sqft · $647 · 0.8 mi | $1,425,000 | 4 | 3 | 2,203 | $647 | 0.8 mi |
C 8648 Alpine Ave Sold 3 bd · 2 ba · 1,638 sqft · $668 · 0.9 mi | $1,094,000 | 3 | 2 | 1,638 | $668 | 0.9 mi |
D 3801 Polaris Drive Sold 3 bd · 3 ba · 1,630 sqft · $506 · 0.6 mi | $825,000 | 3 | 3 | 1,630 | $506 | 0.6 mi |
E 8710 Echo Dr Active 4 bd · 3 ba · 2,440 sqft · $450 · 0.5 mi | $1,099,000 List Price | 4 | 3 | 2,440 | $450 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1949, the property has undergone a comprehensive modern renovation. The kitchen is in mint condition with contemporary white shaker cabinetry, stone countertops, and stainless steel appliances (appearing <5 years old). The interior features updated flooring, vaulted ceilings, and a remodeled primary bath with a jetted tub. The addition of solar panels indicates updated electrical systems, and the overall condition is move-in ready with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1802.
The expansive half-acre parcel offers rare flexibility for future lot splits, ADUs, or additional residential development in the highly desirable Mt. Helix area.
This 1948 bungalow perfectly blends authentic charm, such as vaulted redwood ceilings and original hardwoods, with a high-end remodeled kitchen featuring Shaker cabinetry and stainless appliances.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally constructed in 1949, the property may require ongoing maintenance or updates to older systems typical of homes from this era despite the cosmetic renovations.
While the local elementary school is highly rated (8/10), the assigned middle and high schools have significantly lower performance scores, which may concern education-focused buyers.
Step inside and prepare to be captivated by the dramatic vaulted redwood ceiling and exposed architectural beams that crown the spacious living room. Original hardwood floors and a classic fireplace preserve the home's authentic 1948 California Bungalow character, while the beautifully remodeled kitchen opens to the living area through a generous breakfast bar, creating a natural gathering place for everyday living and entertaining. Crisp white Shaker-style cabinetry, sleek countertops, stainless steel appliances, and stylish pendant lighting bring contemporary sophistication to this timeless home. Outside, the inviting covered front porch offers an ideal setting to unwind, take in the surrounding hillside views, and enjoy colorful San Diego sunsets. With its charming white picket fence, mature landscaping, multiple outdoor gathering areas, and expansive half-acre parcel, this property offers a wonderful combination of character, comfort, and opportunity. Beyond the stunning living room, the thoughtfully remodeled kitchen opens to a light-filled dining area framed by expansive picture windows that capture the surrounding hillside scenery. Custom cabinetry, a built-in beverage refrigerator, and direct access to the outdoor entertaining spaces make this an inviting setting for everything from casual mornings to memorable gatherings. The generously proportioned primary bedroom features a vaulted ceiling, abundant natural light, and sliding glass doors opening to an expansive deck overlooking the surrounding neighborhood. SEE SUPPLEMENT FOR MORE INFO. The adjoining bathroom offers a jetted soaking tub and distinctive tile finishes. Additional bedrooms provide flexible space for guests, hobbies, or a home office, while a dedicated laundry room with utility sink adds everyday convenience. And then there's the land! The approximately half-acre parcel extends beyond the existing residence to a substantial open area near Bancroft Drive, presenting intriguing possibilities for a future lot split, additional residence, accessory dwelling units, or other residential development, subject to applicable zoning, subdivision requirements, and governmental approvals. Whether your vision is to preserve the generous grounds, explore an investment opportunity, or create additional living accommodations, this property offers an increasingly hard-to-find combination of character, flexibility, and potential in desirable Mt. Helix. It’s more than a home. It’s a Lifestyle!
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades 4-8 • 0.8 mi
Grades K-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,802 | 1,879.622 |
| Lot Size | 21,780 | 8,762.815 |
| Price | $1.10M | $1.05M |
| Price per sq ft | $610 | $590 |
| Built year | 1949 | 1958 |
| HOA | $0 | $255 |
| Days on market | 3 | 44 |
Oct 22, 2026
$1,099,995
Initial Listing
May 21, 1997
$135,000
Public Record