5649 Lake Park Way 101, La Mesa, California 91942, La Mesa, 91942 - 2 bed, 2 bath
5649 Lake Park Way 101
La Mesa, California 91942
Property Price
SUMMARY
Analysis of 5649 Lake Park Way 101, La Mesa, California 91942 is currently available with a list price of $515,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the La Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1984, this property is well-maintained and move-in ready but retains many original or older features consistent with its age. While functional, the kitchen and bathrooms show signs of being outdated compared to modern standards, and the property lacks evidence of a full recent renovation within the last 15 years, placing it firmly in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in a highly desirable La Mesa community near Lake Murray, the property offers immediate access to scenic trails, shopping, dining, and major freeway routes.
- Exceptional Accessibility
As a first-floor unit with no stairs, two private walk-out patios, and elevator access to secured underground parking, this home is ideal for those prioritizing convenience and mobility.
- Premium Parking & Amenities
The unit includes two parking spots—one secured underground and one assigned—alongside resort-style community features including a pool, spa, and BBQ area.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $515 represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Vintage Construction
Built in 1984, the property may require modernization of interior finishes or mechanical systems to meet the expectations of buyers looking for contemporary energy efficiency and design.
About 5649 Lake Park Way 101
Welcome home to this beautifully situated 2-bedroom, 2-bath first-floor condo in a highly desirable community near Lake Murray. Enjoy easy living with elevator access directly to the underground parking garage, offering both convenience and security. 2 Parking spots including 1 secured underground and 1 assigned spot in the on-site parking area. This thoughtfully designed unit features a spacious layout with comfortable living areas and excellent natural flow—perfect for everyday living. Being on the first floor means no stairs, easy access and 2 separate walk-out patios. Residents enjoy resort-style amenities including a sparkling pool, relaxing spa, and BBQ area, ideal for weekend gatherings and sunny San Diego days. Located close to Lake Murray’s trails, shopping, dining, and freeway access, this home offers the perfect blend of comfort, location, and lifestyle. A fantastic opportunity to own in a peaceful community with outstanding amenities—don’t miss it!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $515.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 946 | 1,038 | 32% |
| Lot Size | - | - | 50% |
| Price | $515.0K | $515.0K | 50% |
| Price per sq ft | $544 | $498 | 70% |
| Built year | 1984 | 1976 | 70% |
| HOA | $515.0 | $438 | 83% |
| Days on market | 35 | 161 | 9% |
Pricing History
Listed for Sale
Jan 31, 2026
$515,000
Initial Listing
Sold
Oct 4, 2021
$444,500
Public Record
Sold
Nov 28, 2001
$176,000
Public Record
Sold
Jul 31, 1998
$105,000
Public Record