$390,000
●
Condo -
Off Market
5702 Baltimore Drive #268
La Mesa, CA 91942
Studio
1 Bath
475 Ft²
$2,330
Est. Monthly
$370
HOA / Fees
4.34%
Cap Rate
About This Property
VIEWS, VIEWS, VIEWS! Welcome to this beautifully remodeled
2nd-floor Studio Condo with beautiful views of Lake Murray
and Cowles Mountain! The kitchen features shaker soft close
cabinets, stainless steel appliances, and gorgeous quartz
countertops. Newly installed vinyl plank floor and windows.
The open-concept design creates a flexible living area you
can customize to your needs. Delight in the abundant natural light
streaming through the new windows and relax on the patio enjoy the
beautiful views while sipping on a cup of coffee. Enjoy low HOA
that include wonderful amenities, including 5 pools, 4 spas,
gym, sauna, pool table, hiking trails, car wash area, tennis
& pickle ball courts and a large recreation room with
kitchen. Centrally located, Lake Murray, close to shopping,
Starbucks, dining, freeway access, schools, and public
transportation.
Unit Size
475 Ft²
Days on Market
74 days
Land Size
-
Price per sqft
$840
Property Type
Condo
Property Taxes
-
HOA Dues
$370
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #250017799SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by Renovation Realty | $399,000 | |
| Listed by Renovation 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
Full Bathrooms: 1
Levels: One
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Living Area Square Feet Source: Assessor
Laundry Features: Common Area, See Remarks
Exterior Details
Year Built: 1976
Parcel Number: 4640203614
Home Type: Residential
Roof: RolledHotMop
Pool Features: Community
Lot Size Source: Assessor
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Location Details
Association Fee Includes: Sewer
Association Amenities: Maintenance Grounds, Hot Water, Trash
Association Fee: $370
Association Fee Frequency: Monthly
Community Features: Pool
Subdivision: La Mesa
Subdivision Name: La Mesa
Directions: Cross Street: Baltimore Drive.
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: Kathy Vazquez, Renovation Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250017799SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250017799SD
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