More affordable homes coming on the market:
Sticking with the recent theme of low priced single family detached homes, we find several right near the San Diego city border. La Mesa and Lemon Grove may be modest communities, but they can be a good place to live.
3414 Trophy Drive, La Mesa 91941
Perhaps not a trophy- the picture tells part of the story. This sold for $332k less than two months ago and now it is bank owned. This price brings it to $295/sq.ft.
|3414 Trophy Dr, LM||3||1||1,008||3||$297k||lot 5,345 sq. ft, blt 1952, above^|
|7530 Central Av LG||3||1||1,262||4||$299k||blt 1946, lot 9,000 sq.ft, fixer?|
|2410 Buena Vista||3||1.5||1,134||3||$250k||a fixer? Built 1956, 2 car garage|
|3250 Par Dr, LM||3||1||1,200||1||$365k||built 1952, was $308k in ’03|
|1812 Primera, LG||3||2||1,213||2||$400k||lot 6,000 sq.ft, save $8k w Redfin|
|3680 Citrus St, LM||4||1||-?-||2||$400k||built 1935, investment, see below|
3680 Citrus St, La Mesa 91941
Zoned for multiple units and there is room for more behind house according to listing; but no size given for house or lot.
Any of these homes could be an investment property. Over the years they could pay well as rental properties. Even as prices reach new lows, rents are rising and may be expected to for many years to come as demand rises and new units become scarce.
[data from generally reliable sources, please comment on any errors!]