
La Mesa, California 91942
This Lakeside Value-Add Asset is listed at $529,987, positioned at a premium relative to its $487,385 Fair Market Value due to Unobstructed Lake Murray Views. Maintaining an Aged Condition Rating of 4, the property offers significant potential for forced appreciation through interior modernization of the kitchen and primary suite. Residents enjoy Resort-Style Amenities including multiple pools and tennis courts, with convenient access to Top-Rated Schools like the La Mesa Arts Academy. This property represents a strategic opportunity for Buy-and-Hold Investors or Owner-Occupants looking to build equity in a high-demand lakeside community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5706 Baltimore Dr 350 Subject | $529,987* List Price | 2 | 2 | 950 | $513 | - |
A 5350 Baltimore Drive 58 Sold | $475,000 | 2 | 2 | 967 | $491 | 0.7 mi |
B 5700 Baltimore Dr 154 Sold | $485,000 | 2 | 3 | 1,068 | $454 | 0.1 mi |
C 5455 Baltimore Drive 21 Sold | $520,000 | 2 | 2 | 1,050 | $495 | 0.5 mi |
D 5700 Baltimore 191 Sold | $430,000 | 1 | 1 | 671 | $641 | 0.0 mi |
E 5706 Baltimore Drive 341 Sold | $410,000 | 1 | 1 | 621 | $660 | 0.0 mi |
F 5710 Baltimore 433 Active | $595,000 List Price | 2 | 2 | 950 | $626 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the property is functional but dated. The kitchen and bathrooms show signs of a renovation that is likely 20+ years old, featuring older cabinetry styles and gold-framed shower enclosures. The listing description explicitly states it is 'ready for your personal touch,' confirming the need for cosmetic updates to meet modern standards.
The property features unobstructed, stunning views of Lake Murray through oversized windows and a private balcony, offering a premium and tranquil living experience.
Located in the Towers of Lake Park, residents have access to extensive facilities including multiple pools, spas, a fitness center, tennis and pickleball courts, and a clubhouse.
Priced below market value and described as ready for a 'personal touch,' this condo offers significant potential for equity growth through interior modernization.
Built in 1976 and requiring updates, the property likely needs a budget for renovations to bring the kitchen and living spaces up to contemporary standards.
The association fee of $589 per month is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for prospective buyers.
Enjoy stunning lake views from this desirable 2-bedroom, 2-bath condo in the sought-after Towers of Lake Park community in La Mesa. Located on the second floor, this bright and airy home features an open-concept layout with oversized windows and sliding glass doors showcasing unobstructed views of Lake Murray. Ready for your personal touch and priced below market! The kitchen offers ample cabinetry, while the spacious primary suite includes a walk-in closet, private bath, built in cabinetry, and a Murphy Bed. Relax on your private balcony and take in the peaceful scenery. Resort-style amenities include multiple pools and spas, fitness center, clubhouse, tennis and pickleball courts, and more. Just minutes to Cowles Mountain, Mission Trails, shopping, dining, and a nearby golf course.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-8 • 2.0 mi
Grades 7-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 950 | 1,059 | 35% |
| Lot Size | 123,905 | 1.12 | 76% |
| Price | $530.0K | $512.0K | 56% |
| Price per sq ft | $558 | $501 | 74% |
| Built year | 1976 | 1976 | 50% |
| HOA | $589.0 | $452 | 83% |
| Days on market | 13 | 169 | 7% |
Apr 9, 2026
$529,987
Initial Listing