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$ 5,900,000
Est. payment | /mo
$ 5,900,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250043888SD
HOA Y/N No
Property Sub-Type Mixed Use
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 91942 - La Mesa
Interior
Fireplace No
Others
Tax ID 49484001 & 02
Virtual Tour https://www.propertypanorama.com/instaview/snd/250043888
Listed by Aaron Bove Colliers International #01318320
NEARBY SCHOOL & BUSINESS