CA > La Mesa
La Mesa, CA 91942,8870 La Mesa Blvd
La Mesa, CA 91942,8870 La Mesa Blvd
La Mesa, CA 91942,8870 La Mesa Blvd
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$6,100,000
Est. payment /mo
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UPDATED:

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

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CRMLS – RECore
Listed by Aaron Bove Marcus & Millichap

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