4501 Alta Ln. La Mesa, CA 91941

$1,215,000 Sold Price as of 03/19/2019

6 Beds
6 Baths
4,985 Sq.Ft.

Off Market

$1,215,000 Sold Price as of 03/19/2019 Refinance Your Mortgage

Map preview of 4501 Alta Ln., La Mesa, CA 91941

Property Overview: 4501 Alta Ln. La Mesa, CA has 6 bedrooms, 6 bathrooms, 4,985 living square feet and 6,554 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4501 Alta Ln. is currently an off market home in the city of La Mesa. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of La Mesa has a median list price of $899,900. The median price per/sqft for La Mesa is $551. With those numbers in mind, if you are looking to purchase a median priced home in La Mesa, CA and put 20% down you will need to save up $179,980 for the down payment and will need roughly $17,998 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in La Mesa the commission could be as much as $40,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4501 Alta Ln.

Last sold for $1,215,000 on March 19th, 2019

March, 2019
Mar 25, 2019

Date

Sold

CRMLS: 190006411

$1,215,000

Price
Feb 7, 2019

Date

Pending

CRMLS: 190006411

$1,495,000

Price
Feb 1, 2019

Date

Active

CRMLS: 190006411

$1,495,000

Price
Listing provided courtesy of CRMLS

PRIME LOCATION — HUGE UPSIDE! This six (6) unit apartment complex is located just just a few blocks from trendy La Mesa Village in an extremely desirable residential neighborhood on the hill. Tenants enjoy the walkability to dining and entertainment in the village. Strong unit mix consists of four (4) two - bedroom / one bath and two (2) one-bedroom / one bath apartment units. The 6554 sf lot is positioned to provide views of Mt. Helix from the second floor two-bedrooms units. Each apartment has use of a single car garage. This property has excellent fundamentals and because of it's location and unit mix, will always be in high-demand. Unfortunately, it has been poorly managed. The right buyer will have the financial resources, experience and vision to see the long-term value of this jewel in the hills.

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March, 2019
Mar 19, 2019

Date

Sold (Public Records)

Public Records

$1,215,000

Price

Tax History for 4501 Alta Ln.

Assessed Value (2020): $1,239,300

Year	Land Value	Improved Value	Assessed Value
2020	$561,000	$678,300	$1,239,300

About 4501 Alta Ln.

Detailed summary of property

4501 Alta Ln. is categorized with a use code of Apartment House (5+ Units) in La Mesa, CA 91941 and last sold on March 19, 2019 for $1,215,000. This property has 6 bedrooms, 6 bathrooms, roughly 4,985 living square feet, and sits on an approximately 6,554 square foot lot. Homes in La Mesa are selling for a median price of $815,000 and a median price per square foot of $589. Based on Ardent Real Estate Group's La Mesa Market Data, this home is sold 49.08% higher than the current median priced home. 4501 Alta Ln. was last sold on March 19, 2019 for $1,215,000. Local nearby listings include 6 Poppy Hills Rd, 14 Coco Beach #202 and 43 Glen Cove #133. The average home in La Mesa, CA is selling in 85 days. There are currently 178 homes for sale in the La Mesa real estate market and 143 of them are single family homes while 25 of them are condos and 10 are townhomes. If you are the homeowner and looking to sell the home at 4501 Alta Ln. La Mesa, CA 91941 contact Ardent Real Estate Group and we will put you in touch with one of our La Mesa agents.

Public Facts for 4501 Alta Ln.

Public county record property details

Beds: 6
Baths: 6
Year built: 1952
Sq. Ft.: 4,985
Lot Size: 6,554
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: San Diego
Lot#: 6,7
APN: 470-602-08-00

The source for these homes facts are from public records.

91941 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,090,000

Median List Price/Sq.Ft.

$534

Median Sold Price

$1,080,000

Median Sold Price/Sq.Ft.

$532

Total Inventory

103

Median Sale to List Price %

98.63%

Avg Days on Market

Loan Type

Conventional (64.29%), FHA (0%), VA (14.29%), Cash (10.71%), Other (10.71%)

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