Is La Mesa, CA a good place to invest in rental property?

La Mesa, CA has a median modeled monthly cash flow of $-3,165 and a median cap rate of 2.0%, on a median sold price of $832,000. Prices changed -3.0% year over year.

What is the average cap rate in La Mesa, CA?

The median cap rate across recently sold homes in La Mesa, CA is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in La Mesa, CA?

The median sold price in La Mesa, CA is $832,000 (about $560 per square foot).

Investing in La Mesa, CA Real Estate

A data-driven snapshot of the La Mesa, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$832,000Median sold price

$560Median $/sqft

2.0%Median cap rate

$-3,165Modeled cash flow / mo

-3.0%Appreciation YoY

4.8Months of supply

176Active listings

441Sold (last 12 mo)

What the La Mesa numbers say

In La Mesa, CA, the median home sold for $832,000 (about $560 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-3,165 of monthly cash flow. Sold prices moved -3.0% over the past year. Inventory sits at about 4.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See La Mesa cash-flowing listings

CashFlowRE ranks every for-sale home in La Mesa, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen La Mesa deals, or browse the national market data.