9535 Lakeview Drive, La Mesa, California 91942, La Mesa, 91942 - 4 bed, 4 bath
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La Mesa, California 91942
This Turnkey Multi-Dwelling Asset is a High-Potential Investment Opportunity, listed at $1,050,000—positioned well below the $1,100,000 Fair Market Value by 4%. This valuation gap offers $50,000 in Instant Equity. Featuring a Mint Condition Rating, the property includes a primary residence and a detached ADU, both recently renovated with modern finishes. With a saltwater pool, panoramic Mt. Helix views, and solar infrastructure, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking supplemental rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9535 Lakeview Drive Subject | $1,050,000* List Price | 4 | 4 | 1,964 | $535 | - |
A 5935 Joel Sold | $900,000 | 4 | 2 | 1,700 | $529 | 0.1 mi |
B 6206 Falmouth Drive Sold | $1,052,750 | 3 | 2 | 1,800 | $585 | 0.4 mi |
C 5815 Amaya Dr Sold | $912,000 | 3 | 2 | 1,673 | $545 | 0.1 mi |
D 9348 Horton Dr Sold | $960,000 | 3 | 2 | 1,532 | $627 | 0.5 mi |
E 6130 Howell Dr Pending | $899,000 List Price | 4 | 2 | 1,667 | $539 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz countertops, farmhouse sink, and stainless appliances. Major systems are updated with a new roof, solar panels, and central AC, meeting the criteria for mint condition with no immediate maintenance needed.
The property features a detached 350 sq ft studio ADU with its own kitchen, bathroom, and laundry, providing an excellent opportunity for rental income or multi-generational living.
Equipped with a new roof, solar panels, and central AC, the home offers significant long-term value and energy savings, reducing immediate capital expenditure for the buyer.
The backyard serves as a private retreat with a sparkling saltwater pool, covered patio, and panoramic views of Mt. Helix, which are highly sought-after features in the La Mesa market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6000.
Fitting two separate dwellings and a pool on a 6,098 sq ft lot results in a high building-to-land ratio, which may limit private yard space and feel congested to some buyers.
The property was sold recently in March 2024 for $875,000; the current list price represents a significant markup that has already required a $50,000 price reduction to stimulate interest.
2 HOMES on 1 LOT • POOL • ADU • OWNED SOLAR! Rare opportunity to own this versatile La Mesa property with beautiful Mt. Helix views! The stunning 4BR/3BA main home features an open floor plan, hardwood flooring, fresh interior paint, central A/C, built-in speakers, and an updated kitchen with quartz countertops, farmhouse sink, stainless steel appliances, and seamless flow for entertaining. The detached studio ADU (approx. 350 sq. ft.) includes a full bath, A/C, kitchen appliances, and stackable washer/dryer, perfect for rental income, guests, or multigenerational living. Enjoy your private backyard oasis with a sparkling saltwater pool and covered patio. Additional highlights include owned solar, newer roof, a spacious 2-car garage with abundant storage, and an unbeatable location close to shopping, dining, parks, schools, and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,964 | 2,181.5 |
| Lot Size | 6,098.4 | 11,572 |
| Price | $1.05M | $1.05M |
| Price per sq ft | $535 | $594 |
| Built year | 1958 | 1960 |
| HOA | $0 | $210 |
| Days on market | 76 | 41 |
Jun 6, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
May 7, 2026
$1,100,000
Initial Listing
Mar 12, 2024
$875,000
Public Record
Apr 30, 2019
$585,000
Public Record
Jul 19, 2016
$495,000
Public Record