$5,900,000

Residential Income In La Mesa

  • 14 Beds
  • 10 Baths
  • 18,048 Sqft
  • Updated: April 9
  • 1
  • Source:
    San Diego MLS  MLS#250043888

About the Property

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
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.
  • Property type

    Other

  • Floors

    2

  • Price/sqft

    $326

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Colliers International SD, Inc - San Diego

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Colliers International SD, Inc - San Diego
California, United States
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6
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2026
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Colliers International SD, Inc - San Diego
San Diego, California, United States
View agency profile
Last updated
April 9
First listed
Jan 17
Listing reference
250043888
Listing status
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