tomo logo

$2,250,000

Beds
5
Baths
4.0
sq ft
2,793

5590 Shasta Ln, La Mesa, CA 91942

5590 Shasta Ln

La Mesa, CA 91942

  • 88 days on market
    • Price drop $100,000↓
Ask us how to secure affordable rates on this exceptional newly renovated triplex in a prime location, just one exit from San Diego State University and a short drive to San Diegos stunning beaches and vibrant downtown. This beautifully updated property currently delivers a blend of style and income potential. Owner has approved plans for an additional 1,100 sq. ft. ADU unit, property allows for up to 20 units with city permitting. Each unit features exquisite finishes by a talented interior designer, private backyards that provide a single-family home feel, individual laundry rooms, high-efficiency appliances, and automated parking gates, all surrounding a spacious courtyard perfect for relaxation and community gatherings. Enjoy easy access to Hwy 8, La Mesa Healthcare Center, and Lake Murray Village, with a variety of dining, grocery, and fitness options nearby. This property boasts low maintenance, no HOA fees, and no rent control, making it an ideal investment in a high-demand rental area. Dont miss this opportunityschedule your viewing today!

Details

Property type

Townhouse

Est. home value

$1,331,500

Lot size

0.37 acres

Price per sq ft

$806

Year built

1954

Price History

10/15/2024
SanDiego

SanDiego #NDP2409158

Price change
$2,250,000
-4.26%
08/27/2024
SanDiego

SanDiego #NDP2409158

Listed
$2,350,000
+77.36%
07/13/2023
SanDiego

SanDiego #PTP2303110

Sold
$1,325,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Grossmont Union High School District

Number of units in community: 

3

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,024,405
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$1,045,595
Cash to seller
$1,024,405

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Deephaven Mortgage Llc

Loan start date

August 2023

Original loan amount

$1,060,000

Est. remaining balance

$1,045,595

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Alieh Mahdis Khavari

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 2:30 AM

Listing updated: 11/06/2024 at 7:07 PM

Listed by: Alieh Mahdis Khavari, Phone #: (760) 753-5616

MLS: SanDiego #NDP2409158

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