$2,242,478
$2,800,000
19.9%For more information regarding the value of a property, please contact us for a free consultation.
7991 LA MESA Boulevard La Mesa, CA 92154
5,812 SqFt
Key Details
Sold Price $2,242,478
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,812 sqft
Price per Sqft $385
MLS Listing ID CRNDP2408116
Sold Date 12/02/24
HOA Y/N No
Year Built 1957
Property Description
Alta Pacific Realty is please to offer this value-add MIXED USE property on the high traffic corner of La Mesa Blvd. and Normal Ave. at the main entrance to the Vons Shopping Center! With over 90' of frontage on the high traffic artery of La Mesa Blvd., between University Ave. and Spring Street, this property benefits from the community shopping center and MTS Trolley station 2/10ths of a mile away. Currently, rents are significantly below market offering a new buyer the potential to substantially increase income. The property includes 2 buildings, built in 1957 -- 3,840 s.f. of retail space comprised of three suites, with 2 on a month-to-month basis and the 3rd expiring soon. The Residential building, with frontage on Normal Ave. offers 1,850 s.f. -- a 2Br/2Ba with 1,225 s.f. and a 625 s.f. 1 Br/1Ba, both with Off Street Pkg, both on Mo. to Mo. agreements. The Retail Building features monument & building signage and 18 on-site parking spaces along La Mesa Blvd. Seller finacing may be considered.
Location
State CA
County San Diego
Area Listing
Zoning Comm
Interior
Heating Other
Cooling Central Air
Fireplace No
Exterior
Total Parking Spaces 20
Building
New Construction No
Others
Tax ID 4705611700
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Bought with JasonLipovsky