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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
8046-50 Lemon Ave
East County
La Mesa
91941
$1,099,000
2-4 Units
3,811 sq. ft.
built: 1960
- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 230004851
- Year Built:
- 1960
- Photos (33)
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Amazing opportunity in the heart of La Mesa Village and within walking distance of everything! This massive 3,524 sf updated 3 story income producing property has sweeping views of downtown La Mesa and the mountains from all 3 floors. The property is zoned as a duplex but is currently configured as a 3-unit property with an additional shop/office located under the garage. Unit 8050 is a spacious 1 bed 1 bath unit with expansive views from the living and dining rooms and has its own private balcony. Unit 8046 has been split into 2 units. Upstairs hosts a large 3 bed 2 bath unit with 3 separate decks to enjoy the gorgeous views. The downstairs has a 2 bed 2 bath unit with an updated kitchen, wood flooring, 3 mini-splits and a wraparound Trex deck. There is also a shop/office with a bathroom located under the garage. Huge potential here for an owner occupant to live in one unit and rent the others. Property has dual pane windows, communal laundry, 4 parallel parking spaces, 2 garage spaces and private outdoor spaces for every unit. Additional units are non-conforming, and buyers are to verify all information. Walking distance to downtown La Mesa, several grocery stores, bars, restaurants, farmers market, library, coffee shops, public transportation, hiking and everything else you could possibly want! Write an offer today, this one is priced to sell fast!!!
- Total Floor Area:
- 3,811 sq. ft.354.05 m2
- Lot Size:
- 1-3,999 SF
- Lot Size:
- 3,920.4 sq. ft.364.22 m2
- Number of Buildings:
- 1
- Number of Units:
- 2
- Year Built:
- 1960
- Stories:
- 3 Story
- Total Stories:
- 3
- Market Area:
- East County
- Community:
- LA MESA
- County:
- San Diego
- Neighborhood Code:
- La Mesa
- Name of Complex/Subdivision:
- NA
- Home Owner Fees:
- 0.0
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 0.0
- Other Fees:
- 0.0
- Tenant pays:
- N/K
- Projected net operating income:
- 81183
- Other income:
- 0
- Projected other income:
- 0.0
- Annual expense actual:
- 0
- Projected annual expense:
- 19438
- Cap Rate.:
- 0.0
- Projected Cap Rate.:
- 6.77
- Gross Rent Multiplier:
- 0.0
- Projected Gross Rent Multiplier:
- 10.65
- Gross scheduled income:
- 0
- Projected gross scheduled income:
- 103200
- Unit Number for Unit 1:
- 8046
- Finished Area for Unit 1:
- 2,874 sq. ft.267 m2
- Bedrooms for Unit 1:
- 4
- Number of bathrooms for Unit 1:
- 3
- Full Bathrooms for Unit 1:
- 3
- Half Bathrooms for Unit 1:
- 0
- Deposit for Unit 1:
- 0.0
- Total Rent for Unit 1:
- 0.0
- Projected Rent for Unit 1:
- 0.0
- Total Garage Spaces for Unit 1:
- 2
- Garage for Unit 1:
- Detached
- Parking for Unit 1:
- Uncovered
- Unit 1 Exclusive Use Yard:
- No
- Laundry Hook Ups for Unit 1:
- Common
- Unit Number for Unit 2:
- 8050
- Finished Area for Unit 2:
- 650 sq. ft.60.39 m2
- Bedrooms for Unit 2:
- 1
- Number of bathrooms for Unit 2:
- 1
- Full Bathrooms for Unit 2:
- 1
- Half Bathrooms for Unit 2:
- 0
- Deposit for Unit 2:
- 0.0
- Total Rent for Unit 2:
- 0.0
- Projected Rent for Unit 2:
- 0.0
- Garage for Unit 2:
- N/K
- Parking for Unit 2:
- Uncovered
- Unit 2 Exclusive Use Yard:
- No
- Laundry Hook Ups for Unit 2:
- Common
- Number of bathrooms for Unit 3:
- 0
- Garage for Unit 3:
- N/K
- Parking for Unit 3:
- Uncovered
- Number of bathrooms for Unit 4:
- 0
- Garage for Unit 4:
- N/K
- Parking for Unit 4:
- None Known
- Lemon Ave and Normal Ave
- School District URL:
- http://www.guhsd.net/
- Elementary School:
- La Mesa Spring Valley School District
- Elementary School URL:
- https://www.lmsvschools.org/
- Middle School:
- La Mesa Spring Valley School District
- Middle School URL:
- https://www.lmsvschools.org/
- High School:
- Grossmont Union High School District
- Site Influences:
- Public Street, Street Paved
- Exposure Front:
- N/K
- Exterior Features:
- Vinyl
- Directions:
- From University Ave head South/East on La Mesa Blvd, right on Normal Ave and left on Lemon Ave. Property will be on the left.
- Cooling:
- Attic Fan, Heat Pump
- Heating:
- Combination Heating
- Heating fuel:
- Electric, Natural Gas
- Irrigation:
- N/K
- Additional Use:
- N/K
- Number of Units with Cooling:
- 1
- Number of Units with Dishwashers:
- 2
- Number of Units with Dryers:
- 1
- Number of Units with Fireplaces:
- 0
- Number of Furnished Units:
- 0
- Number of Units with Garages:
- 1
- Number of Units with Patios:
- 2
- Number of Units with Range/Oven:
- 2
- Number of Units with Refrigerators:
- 2
- Number of Units with Washers:
- 1
- Pool:
- N/K
- Pool Heat:
- None Known
- 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 Agency (A)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash, Conventional
- Pets:
- Yes
- Jurisdiction:
- Incorporated
- Parcel Number:
- 470-582-31-00
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3D Tour
Larger map options:
Listed by Apartment Advisors Inc.
Data was last updated March 21, 2023 at 03:10 AM (UTC)
Area Statistics
- Listings on market:
- 30
- Avg list price:
- $949,500
- Min list price:
- $630,000
- Max list price:
- $1,799,000
- Avg days on market:
- 314
- Min days on market:
- 3
- Max days on market:
- 2,811
- Avg price per sq.ft.:
- $92.83
These statistics are generated based on the current listing's property type
and located in
East County. Average values are
derived using median calculations.
- MARTI KILBY
- STEELE GROUP REALTY
- 1 (619) 8469249
- Contact by Email

This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
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You may use this information only to identify properties you may be interested in investigating further.
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The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2023 San Diego Multiple Listing Service, Inc.