Marti Kilby, CRS

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7723 High St
East County La Mesa 91941

$1,495,000
2-4 Units built: 1960

Main Photo: LA MESA Property for sale: 7723 High St
Photo 1: LA MESA Property for sale: 7723 High St
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Photo 11: LA MESA Property for sale: 7723 High St
Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
230009733
Year Built:
1960
7723-7733 High Street is a 4 unit complex located in the City of La Mesa. Originally built in 1960 there are three structures on the approximately 11,445 sq ft lot. All units consists of two bedrooms and one bath. Two of the buildings are free standing homes, with the other containing a duplex. All units are approximately 675 sq ft for a total of 2,698 rentable sq ft. The apartments have been well maintained. There is ample parking with a total of 8 parking spaces (a single car garage, 1 tandem parking, and 5 open spaces). Every rental has it's own private yard and select units have views.
Lot Size:
E).25TO.5A
Number of Buildings:
3
Number of Units:
4
Year Built:
1960
Stories:
1 Story
Total Stories:
1
Market Area:
East County
Community:
LA MESA
County:
San Diego
Neighborhood Code:
La Mesa
Name of Complex/Subdivision:
N/A
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Trash, Cable TV, Electricity, Gas/Propane
Projected net operating income:
79854
Other income:
84
Projected other income:
84.0
Annual expense actual:
24387
Projected annual expense:
24387
Cap Rate.:
3.3
Projected Cap Rate.:
5.3
Gross Rent Multiplier:
19.8
Projected Gross Rent Multiplier:
14.1
Gross scheduled income:
75576
Projected gross scheduled income:
106368
Unit Number for Unit 1:
7721
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:
1395.0
Total Rent for Unit 1:
1475.0
Projected Rent for Unit 1:
2095.0
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
No
Unit Number for Unit 2:
7723
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:
1250.0
Total Rent for Unit 2:
1420.0
Projected Rent for Unit 2:
2095.0
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
No
Unit Number for Unit 3:
7731
Bedrooms for Unit 3:
2
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
1575.0
Total Rent for Unit 3:
1680.0
Projected Rent for Unit 3:
2295.0
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
No
Unit Number for Unit 4:
7733
Bedrooms for Unit 4:
2
Number of bathrooms for Unit 4:
1
Full Bathrooms for Unit 4:
1
Half Bathrooms for Unit 4:
0
Deposit for Unit 4:
1325.0
Total Rent for Unit 4:
1395.0
Projected Rent for Unit 4:
2295.0
Unit 4 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 4:
No
Costa Bella Dr
Exterior Features:
Other/Remarks
Cooling:
Other
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
0
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
1
Number of Units with Patios:
4
Number of Units with Range/Oven:
4
Number of Units with Refrigerators:
4
Number of Units with Washers:
0
Roof:
Rolled/Hot Mop
Security:
N/K
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Other/Remarks
Parcel Number:
4753012800
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Listed by South Coast Commercial, Inc.
Data was last updated June 9, 2023 at 07:10 AM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$949,995
Min list price:
$630,000
Max list price:
$1,899,000
Avg days on market:
63
Min days on market:
1
Max days on market:
2,892
Avg price per sq.ft.:
$94.82
These statistics are generated based on the current listing's property type and located in East County. Average values are derived using median calculations.

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