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La Mesa
La Mesa is a city in East County that is in increasingly high demand. Two of the prominent features of the city include Mt.Helix with its panoramic views, and La Mesa village with its antique shops, boutiques, bars and restaurants. The area near the village is very popular due to the quaint craftsman and Spanish bungalows and the Victorian style cottages – homes in this area are rarely on the market for more than a few days. Mt.Helix on the other hand is characterized by custom homes on large lots reflecting a blend of styles from modern to ranch and hacienda. Other areas of La Mesa offer great neighborhoods with close proximity to shopping, transportation, and freeways
La Mesa
6090-92 Severin Dr
East County
La Mesa
91942
$870,000
2-4 Units
6,781 sq. ft.
built: 1952
SOLD OVER THE LISTING PRICE!
- Status:
- Sold
- Sold Date:
- Mar 08, 2023
- Listed Price:
- $870,000
- Sold Price:
- $870,000
- Sold in:
- 41 days
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 230001675
- Year Built:
- 1952
Every so often you see an amazing opportunity, one that exudes a pride of ownership. This gorgeous property is an example of just that. Located in the heart of Fletcher Hills, offering 2 units, each a 2+1 configuration, each having been updated throughout. The property sits on a corner lot with a large private rear-yard, attached 2 car garage w/storage, washer/dryer(s) and large driveway for off street parking. If you’re in the market for a ‘turn-key’ investment property that is tenant occupied, look no further – this property is a MUST SEE!
- Total Floor Area:
- 6,781 sq. ft.629.98 m2
- Lot Size:
- 4,000-7,499 SF
- Lot Size:
- 6,969.6 sq. ft.647.5 m2
- Number of Buildings:
- 1
- Number of Units:
- 2
- Year Built:
- 1952
- Stories:
- 2 Story
- Total Stories:
- 2
- Market Area:
- East County
- Community:
- LA MESA
- County:
- San Diego
- Neighborhood Code:
- Fletcher Hills
- Name of Complex/Subdivision:
- Severin Manor 3
- Home Owner Fees:
- 0.0
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 0.0
- Other Fees:
- 0.0
- Tenant pays:
- Sewer, Trash, Electricity, Gas/Propane, Hot Water
- Projected net operating income:
- 39400
- Other income:
- 0
- Projected other income:
- 0.0
- Annual expense actual:
- 10139
- Projected annual expense:
- 10400
- Cap Rate.:
- 3.41
- Projected Cap Rate.:
- 4.64
- Gross Rent Multiplier:
- 23.19
- Projected Gross Rent Multiplier:
- 17.05
- Gross scheduled income:
- 3050
- Projected gross scheduled income:
- 4150
- Unit Number for Unit 1:
- 6090
- Finished Area for Unit 1:
- 720 sq. ft.66.89 m2
- Bedrooms for Unit 1:
- 2
- Number of bathrooms for Unit 1:
- 1
- Full Bathrooms for Unit 1:
- 1
- Half Bathrooms for Unit 1:
- 0
- Deposit for Unit 1:
- 1500.0
- Total Rent for Unit 1:
- 1500.0
- Projected Rent for Unit 1:
- 2050.0
- Total Garage Spaces for Unit 1:
- 1
- Garage for Unit 1:
- Attached
- Unit 1 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 1:
- Yes
- Unit Number for Unit 2:
- 6092
- Finished Area for Unit 2:
- 720 sq. ft.66.89 m2
- Bedrooms for Unit 2:
- 2
- Number of bathrooms for Unit 2:
- 1
- Full Bathrooms for Unit 2:
- 1
- Half Bathrooms for Unit 2:
- 0
- Deposit for Unit 2:
- 1500.0
- Total Rent for Unit 2:
- 1500.0
- Projected Rent for Unit 2:
- 2100.0
- Total Garage Spaces for Unit 2:
- 1
- Garage for Unit 2:
- Attached
- Unit 2 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 2:
- Yes
- Number of bathrooms for Unit 3:
- 0
- Number of bathrooms for Unit 4:
- 0
- The property has been extensively updated throughout. The sewer line was replaced entirely with ABS to the City sewer line in 2019. The work includes a 10-year transferrable warranty. The exterior trim was painted 18 months ago, the interior was painted 3 years ago. The bathrooms and kitchens have both been updated within the past 5 years to include new cabinets, flooring and appliances. The windows have been updated with Milgard Aluminum units. The garage doors are fully insulated aluminum doors both with automated openers. The exterior irrigation is fully automated.
- W. Manor Dr
- Exterior Features:
- Stucco
- Cooling:
- Zoned Area(s)
- Irrigation:
- Automatic
- Number of Units with Cooling:
- 2
- Number of Units with Dishwashers:
- 2
- Number of Units with Dryers:
- 2
- Number of Units with Fireplaces:
- 0
- Number of Furnished Units:
- 0
- Number of Units with Garages:
- 2
- Number of Units with Patios:
- 2
- Number of Units with Range/Oven:
- 2
- Number of Units with Refrigerators:
- 2
- Number of Units with Washers:
- 2
- Roof:
- Composition
- Sewer Septic:
- Sewer Connected
- Water Heater Type:
- Gas
- Water supply:
- Meter on Property
- Security:
- N/K
- Fencing:
- Partial
- Short Sale:
- No
- Listing Type:
- Exclusive Right (R)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash, Conventional, FHA
- Parcel Number:
- 486-331-13-00
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Listed by Archstone Realty Group
Data was last updated March 29, 2024 at 07:10 AM (UTC)
- MARTI KILBY
- STEELE GROUP REALTY
- 1 (619) 8469249
- Contact by Email
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