tomo logo

$949,900

Beds
4
Baths
3.0
sq ft
1,558

7901 Hillside Dr, La Mesa, CA 91942

7901 Hillside Dr

La Mesa, CA 91942

  • 55 days on market
Looking for the right investment property that checks off so many boxes?! This is the one for you! Whether you’re looking to live in one unit and rent the others, potentially split the lot, buy and hold for cash flow, develop potentially 14 units, or put a dispensary (Conditional use permit already approved), this property offers it all. Each of the 3 units features all new paint, floor, and countertops which makes this property completely move in ready! With the mixed use C-D-MU zoning there’s massive upside potential here with potentially being able to put 14 units here and having the rents from the 3 units help pay holding costs. The property has 2 street frontages on both Hillside and El Cajon Blvd which provides endless opportunities for future development. Located in close proximity to Downtown La Mesa, 8 freeway, El Cajon Blvd and all of the best La Mesa has to offer this is a great opportunity that you won’t want to miss.

Details

Property type

Est. home value

$896,589

Lot size

6,341 sq ft

Price per sq ft

$610

Year built

1960

Price History

09/14/2024
SanDiego

SanDiego #240021891

Listed
$949,900
-5%
09/02/2024
SanDiego

SanDiego #240012880

Removed
$999,900
07/12/2024
SanDiego

SanDiego #240012880

Listed
$999,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Leslie Bubeck

Loan start date

October 2017

Original loan amount

$585,888

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Seller take-back

Seller

7901 Hillside Llc

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: 11/08/2024 at 6:25 AM

Listing updated: 09/14/2024 at 1:55 PM

Listed by: Tony Elias, Compass Phone #: (619) 353-5799

MLS: SanDiego #240021891

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