7611 7625 Sturgess Avenue La Mesa, CA ^$ 2,399,998

7611 7625 Sturgess Avenue

^$ 2,399,998

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7611 7625 Sturgess Avenue

La Mesa, CA, 91941

^$ 2,399,998

Studio Baths0.0 Sq 5,552

Monthly Estimate*

^$ 15,951

Listed by Flying Dog Enterprises Inc

7611 7625 Sturgess Avenue, La Mesa, CA 91941 - Image 1

7611 7625 Sturgess Avenue, La Mesa, CA 91941 - Image 2

7611 7625 Sturgess Avenue, La Mesa, CA 91941 - Image 3

7611 7625 Sturgess Avenue, La Mesa, CA 91941 - Image 4

7611 7625 Sturgess Avenue, La Mesa, CA 91941 - Image 5

7611 7625 Sturgess Avenue, La Mesa, CA 91941 - Image 6

7611 7625 Sturgess Avenue, La Mesa, CA 91941 - Image 7

7611 7625 Sturgess Avenue, La Mesa, CA 91941 - Image 8

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Studio

Multi-Family Home for sale in La Mesa, CA

for $2,399,998. This 5,552 square foot home was built in 1959 on a lot size of 0.216.

Seven two bedroom units and one, one bedroom unit. Property is well maintained with room for additional improvement and repositioning of vacancies. Sloped roof is a benefit. Owners have found uplegs for exchange. Prepayment penalty to Chase Bank is currently at 1% and may be waived with loan or assumption with Chase. Shown with accepted offer.

Multi-Family Pending

Price

^$ 2,399,998

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.216

Year Built

1959

Town/City

La Mesa

County/Region

San Diego

MLS | Web ID

PTP2400827

Days on Market

105

Features

General

Zoning Apartments

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1959

Gross Income 187560.0

Community Features Curbs

County San Diego

Net Operating Income 121911.0

Operating Expense 65649.0

Insurance Expense 3500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Seller will exchange per IRs 1031 Buyer must assume or finance with Chase or pay the 1% prepayment penalty.

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions University Ave. to Parks. Parks south one block. Turn right on Sturgess.

City La Mesa

Entry Location driveway

View Y/N N

Senior Community Y/N N

Open Parking Spaces 8.0

Total Units 8

MLS Area 91941 - La Mesa

Lot Size Square Feet 9409.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Number of Units Leased 8

Street Name Sturgess

Listing Terms Cash CashtoExistingLoan Conventional Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 4305.0

Water Sewer Expense 2521.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2400827

Days on Market 8

Standard Status Pending

Year Built Source Assessor

Tax Lot -02-00

Total Actual Rent 15630.0

Taxes 23999.0

Cap Rate 5.0

Exterior

Water Source Public

Total Parking 8.0

Lot Size Area 9409.0

Number of Buildings 2

Spa N

Building Area Total 5552.0

Lot Dimensions 103x91

Lot Size Acres 0.216

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 7611

* Excluded Features

List By

Flying Dog Enterprises Inc

Broker

(619) 980-7520

Phone

Affordability Calculator

$15,951

Per Month

Monthly Principal & Interest: $15,951
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in La Mesa, CA

Average List Price ^$1,916,666

Percent of Sale Price 20%

About La Mesa, CA

59,264 Population

8% Since 2002

^$60,546 Median Income

38.47 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/14/2024	$2,399,998		Listed Price

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7611 7625 Sturgess Avenue, La Mesa, CA, 91941 is a Multi-Family Home for sale at $2,399,998 with 5,552 sqft and a lot size of 0.216. 7611 7625 Sturgess Avenue is a studio with 0.0 baths and was built in 1959. The property's zip code is 91941 which is in La Mesa, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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7611 7625 Sturgess Avenue

Multi-Family Home for sale in La Mesa, CA

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