7940 University Avenue, 22, La Mesa, CA 91942
7940 University Avenue, 22, La Mesa, CA 91942
Property Description
**ASSUMABLE VA LOAN + SUBJECT-TO / CREATIVE FINANCING OPPORTUNITY!**Ask about the opportunity to assume the seller’s existing VA loan or potential subject-to and creative financing options, subject to seller approval and applicable loan requirements. Welcome to this charming 2-bedroom, 1.5-bath two-story condo in the heart of La Mesa! Offering 990 sq. ft. of comfortable living space with an open floor plan, spacious bedrooms, in-unit laundry, central A/C and plenty of storage. Located in a gated community with a pool and conveniently close to Downtown La Mesa, shopping, restaurants, SDSU and major freeways. A unique opportunity with flexible financing possibilities in a convenient central location!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
La Mesa · Condominium
Listed 13.5% above the median closed sale of $462,500. Price per sqft ($530) is a 14% premium to closed comps ($465).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 7940 University Avenue | La Mesa | 1980 | 2 | 2 | 990 | 0 | $470 | $465,000 | 10 | 97 |
| 7940 University Ave | La Mesa | 1980 | 2 | 2 | 990 | 0 | $555 | $549,000 | 23 | 94 |
| 4281 Lowell Street | La Mesa | 1978 | 2 | 2 | 938 | 46,173 | $479 | $449,000 | 18 | 92 |
| 5365 Aztec Dr #41 | La Mesa | 1979 | 2 | 2 | 1,086 | 0 | $529 | $574,900 | 12 | 89 |
| 4800 Williamsburg Lane | La Mesa | 1969 | 2 | 2 | 995 | 110,642 | $462 | $460,000 | 61 | 88 |
| Total: 5 · Average | 2.0 | 2.0 | 999.8 | 78,407.5 | $499 | $499,580 | 24.8 | |||
| Median | 990 | $465,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5700 Baltimore Drive | La Mesa | 1976 | 09/30/2026 | 2 | 2 | 1,038 | 0 | $443,500 | $443,500 | $427 | 1.00 | 77 | 93 |
| 3641 Avocado Village Court | La Mesa | 1986 | 09/17/2026 | 2 | 2 | 982 | 0 | $529,000 | $515,000 | $524 | 0.97 | 131 | 92 |
| 4800 Williamsburg Lane | La Mesa | 1969 | 07/31/2026 | 2 | 2 | 995 | 0 | $475,000 | $462,500 | $465 | 0.97 | 24 | 89 |
| 7000 Saranac | La Mesa | 1976 | 10/06/2026 | 2 | 1 | 1,016 | 0 | $465,000 | $418,000 | $411 | 0.90 | 19 | 88 |
| 3645 Avocado Village CT | La Mesa | 1985 | 08/10/2026 | 2 | 2 | 1,068 | 129,808 | $530,000 | $530,000 | $496 | 1.00 | 31 | 86 |
| Total: 5 · Average | 2.0 | 1.8 | 1,019.8 | 129,808 | $473,800 | $473,800 | $464.6 | — | 56.4 | ||||
| Median | 1,016 | $462,500 | $462,500 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.