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.
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- La Mesa
- Zipcode:
- 91942
- Street:
- La Mesa Blvd
- Street Number:
- 8870-78
- Longitude:
- W118° 59' 37.5''
- Latitude:
- N32° 46' 23.3''
- Mls Area Major:
- East County
- Office Name:
- Marcus & Millichap
- Agent Name:
- Aaron Bove
- Building Size:
- 18048
- Number Of Units Total:
- 15
- On Market Date:
- 2025-11-12
- Stories:
- 2
- List Agent Mls Id:
- 639833
- List Office Mls Id:
- 62951
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2025-11-12T21:19:14Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
8870-78 La Mesa Blvd, La Mesa, CA 91942
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 250043888
- Price :
- $6,100,000
- Bedrooms :
- 3
- Bathrooms :
- 2
- Square Footage :
- 18,048
- Status :
- Active
- Property Sub Type :
- Com-Res Income
