$5,900,000
FOR SALEActive8870 La Mesa Blvd
La Mesa CA 91942
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Location Analysis
Location unavailable
About This 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 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 Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
15
Total Units
4.76%
Cap Rate
Property Highlights
N/A Property
Prime Location with High Visibility
4.76% Cap Rate
Location Analysis
Location unavailable
Building Details
Zoning & Use
Investment Metrics
4.76%
Cap Rate
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Recent commercial sales in La Mesa
Sold $1,165,000SOLDMixed Use•5 units4483 Palm AvenueSold Jul 2026Berkshire Hathaway HomeServices California Properties | DRE #01096271Buyer's agent: Bob Kelly, Berkshire Hathaway HomeServices California Properties | DRE #01096271
Sold $1,525,000SOLDMixed Use•5 units4869 Pine StreetSold Apr 2026Marcus & Millichap | DRE #01981817Buyer's agent: Angelo La Bruna, Apartment Realty Group (ARG) | DRE #01991625
Sold $1,395,000SOLDMixed Use•6 units7759 University AveSold Mar 2026South Coast Commercial, Inc. | DRE #01862044Buyer's agent: Anh Tran, Your 1st Realty | DRE #01450059
- Sold $3,400,000SOLDMixed Use•16 units7630 NormalSold Oct 2025Eric D. Comer, Broker | DRE #00842230Buyer's agent: Eric Comer, Eric D. Comer, Broker | DRE #00842230
Sold $3,700,000SOLDMixed Use•12 units7425 Waite DrSold Aug 2025ACI Apartments | DRE #02055851Buyer's agent: Dave Plutner, DP Properties | DRE #01273425
Sold $2,463,861SOLD6,480 SF•Multi Family•8 units8105 19 Lemon AvenueSold Jun 2025Travis McAbee, Broker | DRE #01855969Buyer's agent: Bryce Mayer, Urban Sands Realty Inc. | DRE #02167614
Closed commercial sales reported, newest first.
CRMLS
MLS# 250043888SD
Listed:
Nalren refreshed:
Last updated
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Listed by: Colliers International SD, Inc
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.