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7940 University Ave, 1, La Mesa, CA 91942

$549K2bd · 2ba · 990 sqft
HOA $500/mo•Condominium•
Active
•24d 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 18.7% above the median closed sale of $462,500. Price per sqft ($555) is a 19% premium to closed comps ($465).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $549K· $555/sqft
Total list price
Closed comps
vs closed median $463K
+$87K (+18.7%)
Active comps
vs active median $465K
+$84K (+18.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $485
+$70 (+14.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7940 University AvenueLa Mesa1980229900$470$465,0001094
7940 University AvenueLa Mesa19802299081,021$530$525,0005094
4281 Lowell StreetLa Mesa19782293846,173$479$449,0001892
4800 Williamsburg LaneLa Mesa196922995110,642$462$460,0006192
5700 Baltimore DriveLa Mesa1976221,038196,020$482$499,9501991
Total: 5 · Average2.02.0990.2108,464$484.6$479,79031.6
Median990$465,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3641 Avocado Village CourtLa Mesa198609/17/2026229820$529,000$515,000$5240.9713194
4800 Williamsburg LaneLa Mesa196907/31/2026229950$475,000$462,500$4650.972491
5700 Baltimore DriveLa Mesa197609/30/2026221,0380$443,500$443,500$4271.007791
3645 Avocado Village CTLa Mesa198508/10/2026221,068129,808$530,000$530,000$4961.003191
7000 SaranacLa Mesa197610/06/2026211,0160$465,000$418,000$4110.901990
Total: 5 · Average2.01.81,019.8129,808$473,800$473,800$464.6—56.4
Median1,016$462,500$462,500

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.