
La Mesa, California 91941
This property presents a High-Potential Investment Opportunity with a List Price of $1,275,000—positioned above the $1,134,061 Fair Market Value. While the price reflects the premium of a 0.75-acre dual-parcel asset, the Condition Rating of 5 necessitates a comprehensive renovation. The property offers significant Development Potential and High Available Lot Utilization in a prestigious neighborhood served by Grossmont Union High School District. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build a custom estate through long-term value-add improvements.
Property is extensive renovation needed.
Built in 1955, this nearly 70-year-old home is explicitly marketed as a renovation or development opportunity. While the HVAC system is a recent upgrade (3 years old), the interior—specifically the bathrooms and laundry areas—shows significant age-related wear and dated fixtures that require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32670, living area = 1428.
The property includes two separate legal parcels with an individual water meter for the vacant lot, providing a rare opportunity for future development, expansion, or the creation of a private family compound.
Spanning 0.75 acres in a sought-after neighborhood, the fully fenced property features dual entries and an automatic gate, offering exceptional privacy and significant outdoor space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =32670, other record lot size in square feet = 18083.
The 1955 residence is in need of significant updating and modernization, which will require a substantial additional investment of time and capital from the buyer.
With only 1,428 square feet of living space, the current home is relatively small compared to the total lot size and price point, potentially limiting its appeal to those seeking a move-in ready estate.
A rare opportunity to own .75 acres in one of La Mesa's most sought-after neighborhoods! This unique offering includes two legal parcels (APN 491-250-04-00 & APN 491-250-03-00) being sold together, creating endless possibilities for the next owner. The property features a charming 3-bedroom, 2-bath home with 1,428 square feet, original hardwood floors, central heating and air conditioning (approximately 3 years old), a fully fenced yard with dual entries onto the property, one with an automatic gated entrance, and a peaceful, private setting. While the home offers solid bones, it is ready for updating, making it the perfect opportunity to renovate, expand, or create your dream estate. The adjoining vacant parcel has its own APN and water meter, offering exceptional long-term value and future potential. Recorded deeds identify the vacant parcel as a separate legal parcel, and buyers are encouraged to investigate potential development opportunities with the County of San Diego to satisfy themselves regarding future use. Whether you're looking for a private family compound, additional outdoor space, investment potential, or room to create something truly special, opportunities like this are rarely available. Conveniently located near shopping, dining, parks, highly rated schools, and freeway access while maintaining the privacy and character that make the Fuerte Drive area so desirable.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades K-5 • 2.1 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,428 | 1,957.967 |
| Lot Size | 32,670 | 9,397.352 |
| Price | $1.25M | $1.07M |
| Price per sq ft | $875 | $589 |
| Built year | 1955 | 1959 |
| HOA | $0 | $238 |
| Days on market | 33 | 41 |
Sep 4, 2026
$1,250,000
$1,275,000
-2% Price Drop
Initial Listing
Aug 7, 2026
$1,275,000
Initial Listing
Dec 29, 1995
$146,000
Public Record