Condo Investment Properties for Sale in La Mesa, CA
Listed for sale 5 days ago
$ 599,000
ROI
20.3
Cash Flow/m
35- 2 Bed
- 3 Bath
- 1313 sft
7705 El Cajon Blvd Unit 3, La Mesa, CA, 91942
$ 400,000
ROI
27.6Cash Flow/m
870- 2 Bed
- 2 Bath
- 990 sft
4262 Parks Ave APT 205, La Mesa, CA, 91941
$ 455,000
ROI
21.1Cash Flow/m
174- 2 Bed
- 2 Bath
- 988 sft
4262 Parks Ave APT 207, La Mesa, CA, 91941
$ 549,995
ROI
21.6Cash Flow/m
240- 3 Bed
- 2 Bath
- 1118 sft
4281 Lowell St Unit 24, La Mesa, CA, 91941
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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