2 months on rocket

55905588 Shasta Ln, La Mesa, CA, 91942

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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55905588 Shasta Ln, La Mesa$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAttached Carport, Assigned, Boat, Concrete, Carport, Detached Carport, Driveway, Electric Gate, Garage, Oversized, Deck, RV Potential, One Space
Garage2 spaces
Year Built1954
HeatingOther, Central, Ductless, Electric, Fireplace(s), Forced Air, Heat Pump, Natural Gas
CoolingDuctless, Electric, ENERGY STAR Qualified Equipment, Gas, Other, Heat Pump, Zoned
WaterfrontLake Front
FireplaceFamily Room, Gas, Gas Starter, Living Room
ViewBay, City Lights, Other, Neighborhood, Trees/Woods
MLS #NDP2407831
Lot Size0.37 Acres
StatusActive

About 55905588 Shasta Ln

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 Diego’s 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. Don’t miss this opportunity—schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean, Ranch, Spanish, Traditional
  • Year Built: 1954
  • Stories: 1

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: madison.khavari@cbrealty.com
  • Listing Agent: Madison Khavari

Interior Features

Interior Information:

  • Appliances: Stove, Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven
  • Flooring Type: Concrete, Stone, Tile, Vinyl
  • Interior: Beamed Ceilings, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary, Primary Suite
  • Fireplace: Family Room, Gas, Gas Starter, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Bay, City Lights, Other, Neighborhood, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached Carport, Assigned, Boat, Concrete, Carport, Detached Carport, Driveway, Electric Gate, Garage, Oversized, Deck, RV Potential, One Space

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Garden, Landscaped, Level, Near Public Transit
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Other, Central, Ductless, Electric, Fireplace(s), Forced Air, Heat Pump, Natural Gas
  • Cooling: Ductless, Electric, ENERGY STAR Qualified Equipment, Gas, Other, Heat Pump, Zoned

Other

Directions Information:

  • Directions: Highway 8 Exit 11 Lake Murray Blvd Turn right to Lake Murray Blvd, Turn right to Shasta ln . One exit from SDSU.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
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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

$863.5K

Med. Price/SqFt

$562

Avg. Days On Market

25

# of Sold Homes

55

55905588 Shasta Ln vs La Mesa

84 DAYS ON ROCKET

+59 Days

$2,200,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in La Mesa, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NDP2407831

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: madison.khavari@cbrealty.com
  • Listing Agent: Madison Khavari

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: 11/23/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$11K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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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.

Nearby Schools

school-card-donut-1005433
5
/10

  • Maryland Avenue Elementary School

  • 5400 Maryland Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-1005434
7
/10

  • Benchley/Weinberger Elementary School

  • 6269 Twin Lake Dr

  • 1.05 miles

  • Public District Grades KG-5

school-card-donut-1005435
6
/10

  • Murray Manor Elementary School

  • 8305 El Paso St

  • 1.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,832. The most common annual income of people living in La Mesa, CA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Diego County›La Mesa›91942›55905588 Shasta Ln

This home is located at 55905588 Shasta Ln in La Mesa, CA and zip code 91942. This home, which was built in 1954, sits on a 0.37 acre lot. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $2,200,000.

Over 19 listings were sold over their listed price in October 2024 in La Mesa, CA. In the same period over 25 listings were sold below the listed price and 11 listings were sold for the listed price. Between September 2024 and October 2024, La Mesa, CA real estate market has seen increase in the number of listings by 15.6%. While the average time on the market in October 2024 was 25 days, the median list price was $863,571.

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

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