La Mesa, CA 92154,7991 LA MESA Boulevard

$2,242,478

Est. payment /mo

$2,800,000

19.9%
Est.Price: ?

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7991 LA MESA Boulevard La Mesa, CA 92154

5,812 SqFt

SOLD DATE : 12/02/2024

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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Bridge MLS
Listed by Jeffrey Pastore • Alta Pacific Realty
Bought with JasonLipovsky
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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