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Backup Offers

7940 University Ave Unit 1, La Mesa, CA, 91942

$515,000

Home List Price

$6,116*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
990 SqFt
$520/SqFt
Condo
Schools Nearby

Location

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7940 University Ave Unit 1, La Mesa$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDoor-Single, Garage
Attached Garage1 space
Year Built1980
CoolingCentral Air
FireplaceSee Remarks
MLS #PTP2401216
Lot Size1.86 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7940 University Ave Unit 1

Great condo for first time homebuyers and investors. A large and bright corner 2 story unit condo no one above or below. It has spacious living room, Large bedrooms with ton of storage space and stackable in-unit washer & dryer. 2 years ago Owner painted and put brand new dual panels windows & carpet . Unit has AC/Heater. A 1 car garage is directly below unit with plenty of street parking. Garage doors were replaced by the new and involved HOA last year. Conveniently located at entry of gated complex featuring greenery and a pool. Very pleasant community, Ideal location at walkable distance from the quaint downtown La Mesa and its charming restaurants and boutiques, from Vons and public transportation as well. It is centrally located near Lake Murray, the 8, 94 and 125 freeways and 15-20 minutes to Downtown and beaches.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 2
  • Living Area: 990 SqFt

Listing Office:

  • Office Name: Equity RE Pacific Coast
  • Office Email: paula.sdhomes@gmail.com
  • Listing Agent: Paula Freiha

Interior Features

Interior Information:

  • Fireplace: See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Door-Single, Garage

Virtual/3D Tour

  • Virtual Tour: 7940 University Ave Unit 1

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Lot Features

Lot Information:

  • Lot Size: 1.86 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Mount Miguel High School, Public District Grades 9-12
  • Rolando Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $520/SqFt

HOA Fees:

  • Amount: $430
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,660
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in La Mesa, CA.

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La Mesa, CA

City

Med. Sold Price

$825.8K

Med. Price/SqFt

$543

Avg. Days On Market

16

# of Sold Homes

44

7940 University Ave Unit 1 vs La Mesa

53 DAYS ON ROCKET

+37 Days

$515,000

-$310.8K Less

$520/SqFt

-$23 Less

KEY TAKEAWAY

This property is $310.8K less than the Median Sold Price and $23/SqFt less than other homes in La Mesa, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PTP2401216

Listing Office:

  • Office Name: Equity RE Pacific Coast
  • Office Email: paula.sdhomes@gmail.com
  • Listing Agent: Paula Freiha

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 27, 2019Home Sold
$310,000
Oct 13, 2015Home Sold
$240,000
Apr 13, 2010Home Sold
$195,000
Jul 28, 2004Home Sold
$285,000
Jun 29, 2001Home Sold
$147,000
Jan 12, 1990Home Sold
$90,000
Feb 17, 1988Home Sold
$73,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,660$313,211
2020$3,659$310,000
2019$2,888$254,686
2018$2,888$249,694
2017$2,847$244,799

History based on county public records data.

Payment Calculator

$3,068

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1088231
6
/10

  • Rolando Elementary School

  • 6925 Tower St

  • 1.25 miles

  • Public District Grades KG-6

High School

school-card-donut-1088232
3
/10

  • Mount Miguel High School

  • 8585 Blossom Ln

  • 3.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,762. The most common annual income of people living in La Mesa, CA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7940 University Ave Unit 1

What is the listing price of this property?

The listing price of 7940 University Ave Unit 1 property is $515,000.

What type of property is this?

The property 7940 University Ave Unit 1 is a condo located in La Mesa, California, 91942.

Is this property for sale now?

Accepting Backup Offers: 7940 University Ave Unit 1 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7940 University Ave Unit 1 are:
Rolando Elementary School: GreatSchools Rating 6/10
Mount Miguel High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,660 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 27, 2019 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7940 University Ave Unit 1 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7940 University Ave Unit 1 is 990 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7940 University Ave Unit 1 is 1980.

Rocket Homes›California›San Diego County›La Mesa›91942›7940 University Ave Unit 1

This home is located at 7940 University Ave Unit 1 in La Mesa, CA and zip code 91942. This 990 square foot home, which was built in 1980, sits on a 1.86 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $515,000.

Over 19 listings were sold over their listed price in March 2024 in La Mesa, CA. In the same period over 15 listings were sold below the listed price and 10 listings were sold for the listed price. In March 2024 in La Mesa, CA there were 20.2% more homes for sale than in February 2024. While the average time on the market in March 2024 was 16 days, the median list price was $825,833.

From Rocket Homes Real Estate and based on county public records data.

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