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4451 Parks Ave, La Mesa, CA 91941

Sale Price: $785,000
Aug 9, 2024908 sqft2 beds1 baths
Listed by: Richard Elias
License #: 01104411
Phone #: 619-672-2020
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Source:
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MLS #: 240018603SD

Property Description

Striking Redevelopment Opportunity in Coveted La Mesa! This nearly quarter-acre property in the heart of highly sought-after La Mesa presents an exceptional redevelopment or ADU opportunity. Zoned for up to 4-6 units, the expansive 9,742 sq ft lot offers endless possibilities to create a custom multi-unit development or capitalize on the area's booming rental market. Existing 908 sqft residence provides an ideal starting point, brimming with potential. Moments from vibrant Old Town La Mesa, this prime location offers unparalleled convenience, with top schools, world-class shopping, dining, outdoor recreation, and close proximity to the I-8, I-125, and I-94 freeways, allowing for an easy 15-20 minute drive to downtown San Diego and the area's renowned beaches. Whether you envision a stylish multi-unit community or the opportunity to create your own custom ADU oasis, don't miss your chance to transform this exceptional La Mesa property into your next big venture.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,617

TurboHome Estimated Value

$751,400

$828 sqft

High Valuation
$788,970
$869/sqft
Normal Valuation
$751,400
$828/sqft
Low Valuation
$713,830
$786/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$828/sqft$751,400

Neighborhood: La Mesa

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Comparative Value

$494K

$635K

$785K

$838K

4560 Maple Ave 231, La Mesa, CA 91941

Sale Price: $494,000

Selected Comparable

7654 Seneca Pl, La Mesa, CA 91942

Sale Price: $635,000

Selected Comparable

4451 Parks Ave, La Mesa, CA 91941

Sale Price: $785,000

Selected Comparable

4451 Parks Ave, La Mesa, CA 91941

List Price: $795,000

Subject Property

7551 University Ave, La Mesa, CA 91942

Sale Price: $800,000

Selected Comparable

7560 Sturgess Ave, La Mesa, CA 91941

Sale Price: $837,500

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4451 Parks Ave, La Mesa, CA 91941

4451 Parks Ave, La Mesa, CA 91941

List: $795,000

Listed: 8/9/2024

Area:908 sqft
Price/sqft:$876
Beds:2
Baths:1
Year Built:
Lot Size:9,667

Comparable Properties

COMPARABLE
Choose comps
7551 University Ave, La Mesa, CA 91942

7551 University Ave, La Mesa, CA 91942

Sale: $800,000

4/1/20250.10 mi

Area:924 sqft
Price/sqft:$866
Beds:2
Baths:1
Year Built:
Weight:21.0%
4451 Parks Ave, La Mesa, CA 91941

4451 Parks Ave, La Mesa, CA 91941

Sale: $785,000

10/30/20240.00 mi

Area:908 sqft
Price/sqft:$865
Beds:2
Baths:1
Year Built:
Weight:20.5%
7560 Sturgess Ave, La Mesa, CA 91941

7560 Sturgess Ave, La Mesa, CA 91941

Sale: $837,500

2/25/20250.09 mi

Area:956 sqft
Price/sqft:$876
Beds:2
Baths:1
Year Built:
Weight:20.3%
7654 Seneca Pl, La Mesa, CA 91942

7654 Seneca Pl, La Mesa, CA 91942

Sale: $635,000

9/18/20240.18 mi

Area:879 sqft
Price/sqft:$722
Beds:2
Baths:1
Year Built:
Weight:19.4%
4560 Maple Ave 231, La Mesa, CA 91941

4560 Maple Ave 231, La Mesa, CA 91941

Sale: $494,000

4/22/20250.19 mi

Area:905 sqft
Price/sqft:$546
Beds:2
Baths:2
Year Built:
Weight:18.9%

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