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7940 University Ave, 1, La Mesa, CA 91942

$549K2bd · 2ba · 990 sqft
HOA $500/mo•Condominium•
Active
•45d on market•MLS# 8P-2607084

Property Description

Prime condo location just two minutes from La Mesa Village! This bright and spacious corner unit features two bedrooms and one-and-a-half baths, along with a spectacular view. The home offers upgraded flooring and beautifully updated baths, plus the convenience of in-unit laundry. Additional amenities include HOA on-site laundry facilities and garage parking just steps from the unit. A wonderful opportunity in a highly desirable location close to shopping, dining, and all that La Mesa Village has to offer.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Cooling
Central Air
View
City Lights
City
La Mesa
Zip Code
91942
County
San Diego
Listed byColdwell Banker West, Cathy Gabrielson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,776.04
Principal & Interest
Loan Amount
$439,200
Total Interest
$560,175
Total Payment Over 30 Years
$999,375
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

7940 University Ave, 1, La Mesa, CA 91942

La Mesa · Condominium

$549K
Affordable Tier
Beds
2
Baths
2
Sqft
990
Lot
0 sqft
Year
1980
$/Sqft
$555
Pool: Yes✓
Spa: No✓
View: city✓
Garage: 1-car✓

Listed 9.8% above the median closed sale of $500,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $549K· $555/sqft
Total list price
Closed comps
vs closed median $500K
+$49K (+9.8%)
Active comps
vs active median $480K
+$69K (+14.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $506
+$49 (+9.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
8150 Lemon AvenueLa Mesa19742280039,640$706$564,9005381
5700 Baltimore DriveLa Mesa1976221,068155,509$449$479,9001079
5700 Baltimore DriveLa Mesa1976221,038196,020$459$475,950977
5700 Baltimore DriveLa Mesa1976221,068155,290$440$469,99911775
3605 Grove StreetLemon Grove2005221,022321,037$475$484,9999671
Total: 5 · Average2.02.0999.2173,499.2$505.8$495,149.657
Median1,038$479,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4847 Williamsburg LaneLa Mesa199012/02/2025221,088100,188$494,000$491,000$4510.994683
4475 Dale AvenueLa Mesa196905/08/20262290585,780$499,000$500,000$5521.005281
4847 Parks AvenueLa Mesa200004/27/20262276925,700$485,000$490,000$6371.014076
7780 Parkway DriveLa Mesa198208/06/2026321,3210$600,000$590,000$4470.9812575
5440 Baltimore DriveLa Mesa197405/08/2026211,0680$549,000$570,000$5341.043074
Total: 5 · Average2.21.81,030.270,556$528,200$528,200$524.2—58.6
Median1,068$500,000$500,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.