$445,000
●
Condo -
Off Market
5708 Baltimore Rd #403
La Mesa, CA 91942
1 Bed
1 Bath
621 Ft²
$2,551
Est. Monthly
$440
HOA / Fees
5.11%
Cap Rate
About This Property
Light & bright gorgeous corner, penthouse unit with excellent
mountain and evening light views. Unit has brand new carpet
and paint in warm tones, luxury vinyl plank flooring, breakfast
bar, newer heating & air (2023), mirrored wardrobe doors, remodeled
kitchen (2014) and recently updated bath. Great condo project
with extensive amenities and beautiful grounds. Complex is
directly adjacent to Lake Murray with walking/bike trails, lake,
fishing, etc. Complex offers 5 pools, 4 spas, gym, rec room,
RV parking, tennis, pickleball and clubhouse. Common laundry
facilities are located on each floor level. Two pets allowed
with 30 lb weight restrictions although service animals are exempt.
Unit includes one designated parking space #594. Additional
parking may be available for lease from HOA.
Unit Size
621 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$692
Property Type
Condo
Property Taxes
-
HOA Dues
$440
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 #240028569SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Listed by Paul Hartley Realty | $429,900 | |
| Listed by Paul Hartley 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: 1
Full Bathrooms: 1
Levels: One
Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
Flooring Type: Carpet
Living Area Square Feet Source: Assessor
Laundry Features: Common Area, See Remarks
Exterior Details
Property Condition: Updated Remodeled, Turnkey
Year Built: 1979
Parcel Number: 4640203771
Home Type: Residential
Roof: Flat, RolledHotMop
Construction Materials: Stucco
Spa Features: Community
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, Insurance, Security, Trash, Water
Association Fee: $440
Association Fee Frequency: Monthly
Community Features: Pool
Security Features: Security Guard
Subdivision: La Mesa
Subdivision Name: La Mesa
Directions: Cross Street: Lake Murray Blvd.
Other Details
Listing Terms: Cash, CashToNewLoan, 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 |
|---|---|---|---|---|---|---|---|
|
09/12/2025
|
2 Bed
|
2 Bath
|
950 ft²
|
$620,000
2 Bed
2 Bath
950 ft²
|
$585,000
-5.65%
01/23/2026
|
Jacqueline Soto
ehomes
| |
|
07/10/2025
|
1 Bed
|
1 Bath
|
621 ft²
|
$445,000
1 Bed
1 Bath
621 ft²
|
$423,000
-4.94%
09/22/2025
|
Beatriz Salgado
Finest City Homes & Loans
| |
|
12/17/2024
|
1 Bed
|
1 Bath
|
621 ft²
|
$429,900
1 Bed
1 Bath
621 ft²
|
$445,000
+3.51%
01/22/2025
|
Sara Wells
Paul Hartley Realty
| |
|
04/25/2024
|
1 Bed
|
1 Bath
|
621 ft²
|
$465,000
1 Bed
1 Bath
621 ft²
|
-
-
|
Amber Dorendorf
eXp Realty of California, Inc.
| |
|
05/23/2022
|
1 Bed
|
1 Bath
|
621 ft²
|
$425,000
1 Bed
1 Bath
621 ft²
|
$425,000
07/08/2022
|
Sarah Scott
Compass
| |
|
05/12/2022
|
1 Bed
|
1 Bath
|
621 ft²
|
$435,000
1 Bed
1 Bath
621 ft²
|
$420,000
-3.45%
07/15/2022
|
Tammy Thomson-Outlaw
Allison James Estates & Homes
| |
|
02/24/2022
|
2 Bed
|
2 Bath
|
950 ft²
|
$455,000
2 Bed
2 Bath
950 ft²
|
$475,000
+4.40%
03/16/2022
|
John Copeland
Redfin Corporation
| |
|
07/28/2017
|
1 Bed
|
1 Bath
|
621 ft²
|
$246,500
1 Bed
1 Bath
621 ft²
|
$245,000
-0.61%
11/22/2017
|
Craig Hodgson
Pacific Sotheby's Int'l Realty
| |
|
12/21/2016
|
2 Bed
|
2 Bath
|
950 ft²
|
$380,000
2 Bed
2 Bath
950 ft²
|
$360,000
-5.26%
02/16/2017
|
Cristina Harvey
HomeSmart Realty West
| |
|
05/05/2015
|
1 Bed
|
1 Bath
|
621 ft²
|
$179,800
1 Bed
1 Bath
621 ft²
|
$170,000
-5.45%
07/08/2015
|
Kevin Endres
Big Block Realty, Inc
| |
|
12/09/2011
|
1 Bed
|
1 Bath
|
621 ft²
|
$103,000
1 Bed
1 Bath
621 ft²
|
$98,000
-4.85%
03/29/2012
|
Tom Dunlap
Coldwell Banker West
|
Building Info
About La Mesa
Similar Homes for Sale
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Listed by: Sara Wells, Paul Hartley Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240028569SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240028569SD
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