8870-78 La Mesa Blvd, La Mesa, CA 91942
8870-78 La Mesa Blvd, La Mesa, CA 91942
8870-78 La Mesa Blvd, La Mesa, CA 91942
9
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$5,900,000
Est. payment /mo
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14 Beds
10 Baths
18,048 SqFt
Active

8870-78 La Mesa Blvd La Mesa, CA 91942

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Mike Acker

Mike Acker

+1(619) 454-0620

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 18,048 sqft

Price per Sqft $326

MLS Listing ID 250043888

Bedrooms 14

Full Baths 10

Property Sub-Type Com-Res Income

Property Description

We proudly present 8870-78 La Mesa Blvd, part of the Fite Plaza / Bel Arms ensemble, a fully leased, income-producing, mixed-use property with immediate cash flow, and significant value-add or redevelopment upside. The asset combines a 5-tenant retail building (11,120 SF) with a 10-unit apartment complex, all on 0.86 acres in one of East County's most accessible and desirable locations. The retail component generates stable cash flow from a diversified tenant roster, while the multifamily component offers upside through normalization of rents, interior upgrades, or repositioning. Because of the site's compact footprint and location near major freeways and community amenities, a creative owner could explore infill or densification strategies. With limited new ground available in this submarket, this property represents a compelling opportunity to acquire a multi-layered real estate play in La Mesa.

Location

State CA

County San Diego

Area East County

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Others

Senior Community No

Tax ID 494-840-01 & 02

Virtual Tour https://www.propertypanorama.com/instaview/snd/250043888

MLS Router / San Diego MLS
Listed by Aaron Bove, DRE#01318320 Colliers International 

NEARBY SCHOOL & BUSINESS

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Mike Acker

Mike Acker

Agent | License ID: 01356721

+1(619) 454-0620

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8870-78 La Mesa Blvd

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