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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in La Mesa, CA
$ 499,900
ROI
22.6
Cash Flow/m
402- 2 Bed
- 2 Bath
- 1068 sft
5700 Baltimore Dr UNIT 16, La Mesa, CA, 91942
$ 499,000
ROI
20.9Cash Flow/m
159- 2 Bed
- 3 Bath
- 1068 sft
5700 Baltimore Dr UNIT 153, La Mesa, CA, 91942
$ 525,000
ROI
23.2Cash Flow/m
448- 2 Bed
- 2 Bath
- 1152 sft
5661 Lake Park Way UNIT 13, La Mesa, CA, 91942
$ 475,000
ROI
20.5Cash Flow/m
102- 2 Bed
- 2 Bath
- 821 sft
5423 Lake Murray Blvd APT 11, La Mesa, CA, 91942
Why Invest in La Mesa, California?
Investing in condos in La Mesa, CA offers a unique opportunity due to the increasing demand for rental properties in the region. With an average cap rate of 5.2% and a annual appreciation rate of 7%, investors can expect solid returns. The area's median rent is approximately $2,500, which supports a healthy rental yield for condo properties.
12%
Avg. ROI
7%
Rental Yield
5.2%
Cap Rate
$300/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
7%
1Y Appreciation
Frequently Asked Questions
The average price for condos in La Mesa is approximately $450,000, making it an accessible option for many investors.
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