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Millman Team Real Estate

$5,900,000

8870 La Mesa Blvd, La Mesa, California 91942

  • Commercial Sale Property Type
Property Description

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.

Basic Details
Commercial Sale
For Sale
250043888SD
$5,900,000
Active
Mixed Use
Features
$0
Address Map
CA
San Diego
La Mesa
91942
La Mesa Blvd
8870
W118° 59' 38.5''
N32° 46' 20.7''
91942 - La Mesa
Additional Information
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15
2025-11-12
6100000
https://www.propertypanorama.com/instaview/snd/250043888
Broker/Agent Information
Colliers International
Aaron Bove
Listing Information
SAND-639833
SAND-61366
Active
2026-05-26T16:51:24Z
CRMLS
2025-11-11T16:00:00Z
Agent info
Ray Millman
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