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Commercial Property — 8870 La Mesa Blvd, La Mesa, CA

$5,900,000

8870 La Mesa Blvd, La Mesa, CA

$5,900,000 — 8870 La Mesa Blvd, La Mesa, CA — photo 1 $5,900,000 — 8870 La Mesa Blvd, La Mesa, CA — photo 2 $5,900,000 — 8870 La Mesa Blvd, La Mesa, CA — photo 3 $5,900,000 — 8870 La Mesa Blvd, La Mesa, CA — photo 4 $5,900,000 — 8870 La Mesa Blvd, La Mesa, CA — photo 5
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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 details

Property type
CommercialSale

Location

8870 La Mesa Blvd • La Mesa, CA 91942

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Listed by

Aaron Bove · Colliers International

Listing courtesy of Colliers International. Information deemed reliable but not guaranteed.

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