$565,000
●
Condo -
Off Market
5702 Baltimore Dr #265
La Mesa, CA 91942
2 Beds
2 Baths
950 Ft²
$3,251
Est. Monthly
$550
HOA / Fees
5.73%
Cap Rate
About This Property
This first floor, lake front condo is a must see! The large
picture window and patio looking on to Lake Murray gives the home
great natural light and provides a true park-like setting.
The spacious 2 bedroom, 2 bathroom unit has an upgraded, open
concept kitchen with quartz countertops and bar seating.
Primary bedroom has walk in closet and lake views. With
recently updated dual paned windows and slider along with a new
central heating and air heat pump system installed in 2017, you can
pack your bags and move right in! Complex is FHA and VA
approved. Assigned parking space located right outside front
door and community laundry location is conveniently located nearby.
Lake Park condos is centrally located, walking distance to the
grocery store, restaurants, shopping and more. The property
features ponds and streams, 5 swimming pools, 4 spas, lighted
tennis courts, pickleball, and a basketball court. There is also a
clubhouse, billiards room, men's and women's saunas and exercise
rooms. HOA fees include water, hot water, and trash!
Unit Size
950 Ft²
Days on Market
36 days
Land Size
4.01 acres
Price per sqft
$579
Property Type
Condo
Property Taxes
-
HOA Dues
$550
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #250017649SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | Listed by Keller Williams Realty | $550,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Other
Open Parking Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Appliances: Dishwasher, Microwave, Refrigerator
Living Area Square Feet Source: Assessor
Laundry Features: Common Area, Electric Dryer Hookup
Exterior Details
Year Built: 1976
Parcel Number: 4640203611
Home Type: Residential
Roof: Flat
Construction Materials: Stucco, Wood Siding
Outdoor Living Structures: Patio
Spa Features: Community
Pool Features: Community
Lot Size Source: Assessor
Lot Size Acres: 4.0148
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Electric, Heat Pump
Location Details
Association Fee Includes: Sewer
Association Amenities: Clubhouse, Maintenance Grounds, Hot Water, Trash, Water
Association Fee: $550
Association Fee Frequency: Monthly
Community Features: Pool
Subdivision: La Mesa
Subdivision Name: La Mesa
Directions: Follow the building signs once coming in to the community. Building 5702 is located toward the back along the lake. First floor. Cross Street: Lake Park Way.
Other Details
Listing Terms: Cash, Conventional, FHA, VaLoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/31/2025
|
Studio
|
1 Bath
|
475 ft²
|
$399,000
Studio
1 Bath
475 ft²
|
$390,000
-2.26%
04/14/2025
|
Kathy Vazquez
Renovation Realty
| |
|
01/30/2025
|
2 Bed
|
2 Bath
|
950 ft²
|
$550,000
2 Bed
2 Bath
950 ft²
|
$565,000
+2.73%
03/06/2025
|
Kelly Garver
Keller Williams Realty
| |
|
12/06/2024
|
1 Bed
|
1 Bath
|
621 ft²
|
$479,000
1 Bed
1 Bath
621 ft²
|
$441,000
-7.93%
01/10/2025
|
Sharon Schultz
Century 21 Affiliated
| |
|
06/14/2024
|
2 Bed
|
2 Bath
|
950 ft²
|
$600,000
2 Bed
2 Bath
950 ft²
|
$602,000
+0.33%
08/12/2024
|
Michael Thompson
Sunset Lending and Realty
| |
|
03/27/2024
|
2 Bed
|
1 Bath
|
750 ft²
|
$499,000
2 Bed
1 Bath
750 ft²
|
-
-
|
Teri Hill
Hill & Hill Realty, Inc.
| |
|
02/24/2017
|
2 Bed
|
2 Bath
|
950 ft²
|
$358,400
2 Bed
2 Bath
950 ft²
|
$365,000
+1.84%
04/28/2017
|
Cristina Harvey
HomeSmart Realty West
| |
|
05/18/2016
|
2 Bed
|
1 Bath
|
750 ft²
|
$299,000
2 Bed
1 Bath
750 ft²
|
$294,000
-1.67%
07/06/2016
|
Nancy Ickes
Coldwell Banker Realty
| |
|
03/14/2014
|
2 Bed
|
2 Bath
|
950 ft²
|
$249,900
2 Bed
2 Bath
950 ft²
|
$250,000
+0.04%
04/24/2014
|
Sharon Schultz
Century 21 Affiliated
| |
|
02/11/2014
|
3 Bed
|
2 Bath
|
1400 ft²
|
$299,900
3 Bed
2 Bath
1400 ft²
|
$300,000
+0.03%
03/27/2014
|
Gloria Donichy
Century 21 Award
|
Building Info
About La Mesa
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Listed by: Kelly Garver, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250017649SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250017649SD
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