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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
Listed for sale 3 days ago
$ 549,995
ROI
21.6
Cash Flow/m
240- 3 Bed
- 2 Bath
- 1118 sft
4281 Lowell St Unit 24, La Mesa, CA, 91941
$ 389,000
ROI
25.4Cash Flow/m
605- 1 Bed
- 1 Bath
- 671 sft
5700 Baltimore Dr, La Mesa, CA, 91942
$ 499,000
ROI
26.0Cash Flow/m
873- 2 Bed
- 2 Bath
- 1170 sft
4231 Lowell St Unit 14, La Mesa, CA, 91941
$ 350,000
ROI
21.7Cash Flow/m
191- 1 Bed
- 1 Bath
- 700 sft
8220 Vincetta Dr Unit 26, 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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