Bonita CA Real Estate & Commercial for Sale

230 Properties Found


Showing Homes Nearby Bonita, CA

$1,799,000

3966 Teak Street San Diego, CA 92113

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240003690SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.15 Acres
Listing Agent: Jordan Concepcion CalDRE: 01936834 - Keller Williams Realty Jordan Concepcion CalDRE: 01936834
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Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building roof has recently been replaced and all units have A/C and Tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.

$1,795,000

3643 Logan Ave San Diego, CA 92113

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240008218SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.16 Acres
Listing Agent: Nicholas Azoff CalDRE: 02035396 - Starker West, Inc. Nicholas Azoff CalDRE: 02035396
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Presenting 3643-49 Logan Avenue, a multifamily investment gem comprising five units, three of which are newly constructed, situated on a 6,956 square foot lot. With a favorable 6.1% cap rate and a low down payment financing option, this property offers an accessible entry point and promising returns for investors. The newly built structure is designed for modern living, featuring separately metered utilities, solar panels, and a detached laundry facility to minimize operational costs and maximize profitability. Notably, the new construction units are exempt from AB 1482 Rent Control Restrictions for the next 15 years. Each unit is thoughtfully equipped with practical amenities such as stainless steel appliances, mini-split A/C units, and individual water heaters, all within a secure gated complex. Additionally, two original units present opportunities for further value optimization, providing a diverse mix of rental income streams.

$750,000

7510 University Avenue La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
1,072
Status:
Active
MLS#:
NDP2401592
Type:
Office, Business Opportunities
Lot size:
4,185 Sq. Ft.
Year built:
1942
Listing Agent: Omar Issa CalDRE: 02013919 - Coldwell Banker West Omar Issa CalDRE: 02013919
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Located in a high visibility location just off University Ave in La Mesa. The 1,072sf building comprises a reception area upon entry, three individual office spaces/rooms, a kitchen, exclusive access to a private parking area and storage space. This property epitomizes convenience and functionality. Recent landscaping improvements enhance its already impressive curb appeal, setting the stage for a professional and inviting atmosphere. Ideal for small businesses seeking prominence and practicality, this office space promises both visibility and versatility in a prime La Mesa locale.

$99,000

7530 University Ave La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240003472
Type:
Business Opportunities
Courtesy: John Zhang - KAM Financial Realty John Zhang
View additional info

Well-established massage and footcare business in prime business location on University Ave in the city of La Mesa. The current facility has well-maintained two single-bed private room and one double-bed private room. The current employee common room can be changed to a one-bed or two-bed massage room if needed. There are also space to add one more private room to the current property. The property has a full bathroom with a shower. The property has plenty of parking space on-site and on the street. Enjoy the quiet neighborhood full of residential properties. Convenient location close to San Diego downtown, shopping centers, and freeways. Please feel free to contact LA for more information.

$3,099,000

6331 University Ave San Diego, CA 92115

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230008343SD
Type:
Other
Lot size:
0.66 Acres
Year built:
1960
Listing Agent: Erik Wiese CalDRE: 01056751 - Wiese & Associates Erik Wiese CalDRE: 01056751
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Full Leased to The Dog Society for 5 years with 3% COL increases. Monthly rent is $14,900/month. Cap Rate is 5.77%. Power- 400 Amps Single Phase and 400 Amps Three Phase. Monument Signage, 22+ Parking Spots, 5 Bathrooms, Offices, Showroom, Warehouse etc. Inquire for additional details.

$3,099,000

6331 University Ave San Diego, CA 92115

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230008343
Type:
Other
Lot size:
0.66 Acres
Year built:
1960
Courtesy: Erik Wiese - Wiese & Associates Erik Wiese
View additional info

Full Leased to The Dog Society for 5 years with 3% COL increases. Monthly rent is $14,900/month. Cap Rate is 5.77%. Power- 400 Amps Single Phase and 400 Amps Three Phase. Monument Signage, 22+ Parking Spots, 5 Bathrooms, Offices, Showroom, Warehouse etc. Inquire for additional details.

$875,000

3615 Ocean View Boulevard San Diego, CA 92113

Beds:
n/a
Baths:
Sq.Ft.:
816
Status:
Active
MLS#:
PTP2401704
Type:
Mixed Use, Business Opportunities
Lot size:
1,109 Sq. Ft.
Year built:
1953
Listing Agent: Arlene Pyjar - Berkshire Hathaway HomeService, [email protected]
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Great opportunity to own a commercial property, right on the Boulevard with tons of traffic during the day to open your business of preference. Must verify with city to know what is allowed, but great for an office, Barber shop, Food to go, tattoo artist, beauty salon, or massage parlor. Live on site and use for your business, too. Take advantage with the potential 2 bedrooms, full kitchen, and full bath. Residence and business of choice. Recently interior remodeled with a new kitchen, new bathroom fixtures, flooring, drywall, tankless water heater, new roof shingles, exterior lighting in the entrance, and electrical outlets within the past year. Investors turn it into income property/rental.

$4,800,000

4604 Acacia La Mesa, CA 91941

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230015813SD
Type:
Mixed Use, Business Opportunities
Listing Agent: Jeremy Dentt CalDRE: 01476724 - PROPR Real Estate Inc. Jeremy Dentt CalDRE: 01476724
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Welcome to this exceptional 14 unit investment property nestled in the heart of La Mesa, just one block away from the vibrant Downtown La Mesa area. This impressive property is comprised of four buildings situated on three spacious lots. With its desirable unit mix of two 1 bedroom 1 bathroom units and twelve 2 bedroom 2 bathroom units this property is a must-see for savvy investors seeking to add a promising asset to their portfolio. Enjoy the benefits of recent property upgrades, including newer vinyl dual-pane windows installed approximately 4 years ago, enhancing energy efficiency and providing a quieter living experience for tenants. Each unit is equipped with window-mounted AC units and all electrical panels were upgraded a decade ago, providing enhanced safety and reliability. Plumbing has been changed to ABS throughout the building. Property contains permitted management office. La Mesa's desirable location makes this property even more appealing. Residents can easily explore an array of restaurants, cafes, boutiques, and entertainment options. The area's walkability and access to public transportation further add to the convenience of living here. Don't miss out on this fantastic chance to own a well-maintained pride of ownership property in the heart of La Mesa

$2,249,000

4901 03 Porter Hill Road La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
3,514
Status:
Active
MLS#:
PTP2305164
Type:
Mixed Use, Business Opportunities
Lot size:
3,145 Sq. Ft.
Year built:
1947
Listing Agent: Saad Hallak CalDRE: 01745915 - Finest City Homes & Loans, [email protected] Saad Hallak CalDRE: 01745915
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Introducing a prime opportunity in the heart of La Mesa a mixed use commercial and residential building with tons of potential. This six unit building, complete with two residential units on the top floor and four retail suites, boasts a brand-new roof and presents an abundance of untapped potential. Nestled in the heart of La Mesa, this property benefits from a central and vibrant location with excellent traffic count and visibility. Situated on a bustling thoroughfare, it is easily accessible and enjoys high foot traffic, making it an ideal hub for businesses of various types. All four commercial units and two residential units are fully occupied. The top floor hosts two residential units. They provide a rare opportunity for owners or tenants to enjoy the vibrant energy of the city while having a serene retreat to call home. The property's new roof and updated facade ensures protection and durability, reducing maintenance costs and providing peace of mind to owners and tenants alike. With La Mesa's growing popularity and development, this property presents incredible upside potential for investors. This mixed use building is a prime investment opportunity in a thriving La Mesa neighborhood. Whether you're looking to establish your own business, lease to others, or enhance your real estate portfolio, this building offers a multitude of possibilities in one of Southern California's most vibrant communities.

$3,000,000

7841 El Cajon Blvd La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240005273SD
Type:
Business Opportunities
Lot size:
0.3 Acres
Year built:
1954
Listing Agent: Kevin Huynh CalDRE: 01910410 - HNA Realty, Inc. Kevin Huynh CalDRE: 01910410
View additional info

Excellent opportunity for residential apartment or mix usage development on El Cajon Blvd. 5 mins from down town La Mesa. Property has up to 15 cars parking with rollup garage door. Chapter 24.06 Section 24.06.020 https://library.municode.com/ca/la_mesa/codes/code_of_ordinances?nodeId=TIT24ZO_CH24.06COZODERE_24.06.020PESTUS Chapter 24.18 Mixed Use Overlay https://library.municode.com/ca/la_mesa/codes/code_of_ordinances?nodeId=TIT24ZO_CH24.18MIUSOVZOU Chapter 24.04 Parking Section 24.04.050 https://library.municode.com/ca/la_mesa/codes/code_of_ordinances?nodeId=TIT24ZO_CH24.04PA_24.04.050OREPARE

$3,000,000

7841 El Cajon Blvd La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240005273
Type:
Business Opportunities
Lot size:
0.3 Acres
Year built:
1954
Courtesy: Kevin Huynh - HNA Realty, Inc. Kevin Huynh
View additional info

Excellent opportunity for residential apartment or mix usage development on El Cajon Blvd. 5 mins from down town La Mesa. Property has up to 15 cars parking with rollup garage door.

$1,299,000

3102 National Ave San Diego, CA 92113

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240001646SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.16 Acres
Listing Agent: Darshan Patel CalDRE: 02052337 - Darshan NI Patel, Broker Darshan Patel CalDRE: 02052337
View additional info

Just minutes from Downtown San Diego, this property consists of newly renovated, two revenue generating buildings: a 5 unit SRO structure at 3102 National Ave and 1 single-family residence at 927 S 31st St. Additional opportunity for adding dwelling units, ADU, tiny homes, or RV on the lot The 5 unit building consists of 2 studios and 3 junior one-bedroom unitsthat are fully occupied and furnished. The2 studios rent for $1,650+ while the 3 one bedroom unitsrentsfor anaverageof $1,950. The owner has entered into an arrangement with programs funded by the City and Country, whereby the programs pay the majority of tenants rent. This guarantees consistent monthly income for new ownership. The detached single-family residence is a 950 square foot, 2-bedroom, 1-bathroom home currently leasing at $2,399 per month. Contact [email protected] 619-851-5368 for additionalinformation.

$2,600,000

3096 National Avenue San Diego, CA 92113

Beds:
n/a
Baths:
Sq.Ft.:
4,241
Status:
Active
MLS#:
NDP2402228
Type:
Retail, Business Opportunities
Lot size:
0.4 Acres
Year built:
1930
Listing Agent: Ray Stendall CalDRE: 02038682 - eXp Realty of California, Inc, [email protected] Ray Stendall CalDRE: 02038682
View additional info

Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego's Logan Heights neighborhood. This location isn't just a property; it's a gateway to endless potential in one of the city's most up-and-coming areas. Currently fully tenanted, this 17,568-square-foot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income, envision the immediate returns as you plot its future transformation. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC-3-6 Multi-Use and Opportunity Zone designation. The locale is situated for development, lying just a stone's throw from the thriving San Diego Naval Base, an 8-minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. Why invest here? Logan Heights is on the brink of a renaissance, with 3096 National Avenue at its center. The area's expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed-use development combining retail excellence with residential luxury. Imagine a development where the ground floor buzzes with retail activity, while above, residential units offer breathtaking bay and city skyline views. This property comes with a concept for a mixed-use marvel, envisioning ten units per floor that promise not just a place to live or work, but a community to thrive in. 3096 National Avenue represents more than an investment; it's a cornerstone for future success in San Diego's real estate landscape. We invite you to seize this unparalleled opportunity, imagine the possibilities, and then make them a reality. Your future at Logan Heights begins today.

$1,999,000

7480 El Cajon Blvd La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
13,503
Status:
Active
MLS#:
NDP2308645
Type:
Mixed Use, Business Opportunities
Lot size:
0.31 Acres
Year built:
1997
Listing Agent: Paiman Gailani CalDRE: 01296287 - Q1 Real Estate Inc., [email protected] Paiman Gailani CalDRE: 01296287
View additional info

PRICED TO SELL!!! Incredible opportunity to build a 12+ unit apartment building or acquire a turn-key property in La Mesa! Newly resurfaced asphalt, added turf, palm trees, iron fencing and more! Currently has existing 760 sq/ft retail building with 2 offices/1 bathroom with central AC, camera surveillance and is leased month to month as a car dealership and fits up to 50 cars. Office building has glass offices giving it a modern look. Current rental income is $12,000/month. Keep, or develop this lot into 12 units of apartments, condos, or other commercial uses. All utilities active and running to property. This 13,503 sq/ft corner lot zoned C-D-MU (General Commercial/Urban Design Overlay/Mixed Use Overlay) allows both residential and commercial uses. Centrally located with convenient freeway access. Prime investment opportunity for savvy developers so dont miss out on this opportunity! Motivated sellers! Buyer to do due diligence as all facts deemed liable but not guaranteed. Please call listing agent Paiman Gailani (619) 972-SOLD.

$529,900

870 Dorothy Street Chula Vista, CA 91911

Beds:
n/a
Baths:
Sq.Ft.:
858
Status:
NEW LISTING
MLS#:
PTP2402762
Type:
Industrial, Business Opportunities
Lot size:
7,607 Sq. Ft.
Year built:
1920
Listing Agent: Wayne Ansley CalDRE: 00468134 - Ansley Realty Wayne Ansley CalDRE: 00468134
View additional info

Need CASH BUYER for fixer house on bonus M-52 Limited Industrial/Commercial large level approx. 49 x 157 lot with lots of parking at front & rear with side yard and alley access! Zoning allows many uses: auto/truck repairs, manufacturing, storage, contractors yard, wholesale/distributing, misc. other (buyer to verify with City for intended use/regulations). Lots of room to park-store your cars, trucks, RV, boats, equipment, etc. Perfect for a business owner to occupy the house & run his business, or rent out. CRS/Public reports reflect 1 bedroom, but includes 2nd bedroom addition likely not permitted (needs new ceiling, roof, repairs). Located west of I-5 & Palomar St off Bay Blvd near new J St Marina project. VR Price $499,900-$529,900 make cash offer.

$3,550,000

3209 L St San Diego, CA 92102

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230017385SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.12 Acres
Listing Agent: Matt Davies CalDRE: 01966504 - Matt Davies, Broker Matt Davies CalDRE: 01966504
View additional info

Five New construction townhomes in Golden Hill! Located in a designated Opportunity zone, this apartment complex consists of five 4-bedroom townhomes containing over 7,000 rentable square feet! All units have in unit washer/dryer, as well as private outdoor balconies, custom cabinetry, stainless steel appliances, and designer finish selections. This property has undeniable future growth potential and is located just minutes from the San Diego Airport, San Diego Zoo, Little Italy, Downtown San Diego, South Park, North Park, Hillcrest and more! Projected rent for each unit is $4275-4350.

$1,200,000

7366 El Cajon Blvd La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240005855SD
Type:
Business Opportunities
Lot size:
0.09 Acres
Year built:
1942
Listing Agent: Pedro Gomez CalDRE: 01965295 - Porta Real Estate Services Pedro Gomez CalDRE: 01965295
View additional info

Situated on the corner of El Cajon Blvd and Keeney Street. Outstanding location, close to medical offices, retail and multi-family housing and single family residences. A short distance to the freeway. Great street exposure, plenty of parking.

$1,200,000

7366 El Cajon Blvd La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240005855
Type:
Business Opportunities
Lot size:
0.09 Acres
Year built:
1942
Courtesy: Pedro Gomez - Porta Real Estate Services Pedro Gomez
View additional info

Situated on the corner of El Cajon Blvd and Keeney Street. Outstanding location, close to medical offices, retail and multi-family housing and single family residences. A short distance to the freeway. Great street exposure, plenty of parking.

$1,750,000

4062 49th St San Diego, CA 92105

Beds:
n/a
Baths:
Sq.Ft.:
5,190
Status:
Active
MLS#:
NDP2402874
Type:
Multi-Family, Business Opportunities
Lot size:
5,739 Sq. Ft.
Year built:
1968
Listing Agent: Sez Sezer CalDRE: 01988197 - Douglas Elliman of California, [email protected] Sez Sezer CalDRE: 01988197
View additional info

Value add multifamily property with Immediate Income Potential. Welcome to 4062 49th St, a multifamily property nestled in the bustling 92105 area, presenting a unique investment opportunity for those looking to dive into the lucrative world of real estate. This 9-unit property, boasting 5,190 sqft of building space on a 5,739 sqft lot, offers an enticing blend of immediate income and significant upside potential through strategic enhancements. All nine units feature a desirable 1-bedroom, 1-bathroom layout, catering perfectly to singles or couples in search of a large living space. This uniformity simplifies management and renovation efforts. With seven of the nine units currently occupied, investors can benefit from steady income flow right from the start. The two remaining units provide a blank canvas for upgrades and rent optimization. Nine parking spots ensure that all of the tenants have their own parking spot, a valuable commodity in urban living that enhances tenant appeal and retention. This property stands as an ideal candidate for cosmetic improvements. Investors with an eye for design and renovation can unlock hidden value, elevating the propertys appeal and rental rates. Positioned in a vibrant neighborhood, the property offers tenants easy access to local amenities, dining, entertainment, and public transportation, ensuring high demand and competitive rental prices. Walking distance to Ibarra Elementary School. The property's prime location also affords easy access to some of San Diego's most iconic destinations. North Park, Balboa Park, downtown San Diego, San Diego State University, and Mission Valley are all within a 10-15 minute drive, ensuring your tenants are never far from the urban excitement and conveniences that define San Diego living. 4062 49th St represents an excellent acquisition for investors looking to capitalize on a property with substantial growth potential. Whether your strategy involves light cosmetic refinishing or a more comprehensive upgrade, this property serves as a foundation for robust rental income and capital appreciation. Some pictures are virtually staged.

$3,499,950

942 23rd St San Diego, CA 92102

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240003934SD
Type:
Mixed Use, Business Opportunities
Listing Agent: Roxanne Govari CalDRE: 01319244 - Pemberley Realty Inc. Roxanne Govari CalDRE: 01319244
View additional info

Fully furnished vacation rental units with strong financial income. High occupancy rate all year! Charming multi-family home nestled in desirable Golden Hill minutes to Downtown San Diego. The property features 6 units, each with its own unique layout and design, providing flexibility for tenants or potential buyers. Whether you're looking for a primary residence with rental income potential or a full-fledged investment property, this home offers versatility and opportunity. Enjoy the convenience of a prime location with Broadway as the cross street offering numerous benefits such as easy access to local amenities, shopping, dining, and entertainment options. The property features upgraded kitchens and bathrooms throughout. Hardwood floors and a large ornamental fireplace in the main unit. Two units have private decks and all units have access to a large rear yard with a mature avocado tree, shaded patio, an outdoor kitchen, fire pit area for mingling, partying as well as a newer spa for relaxation. The property has undergone a $350,000 renovation, including landscaping upgrades in both the front and backyards, creating a mini oasis. All units come fully furnished including appliances with smart locks ready for occupancy. Paid solar panels as well as newer mini split HVAC in each unit. Don't miss out on this fantastic opportunity to own a piece of real estate in a thriving community. Schedule a showing today and explore the potential of 942 23rd St!

$2,400,000

4033 Euclid Avenue San Diego, CA 92105

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240002919SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.3 Acres
Listing Agent: Benn Vogelsang CalDRE: 01883437 - NorthMarq Multifamily Benn Vogelsang CalDRE: 01883437
View additional info

4033-47 Euclid Avenue consists of two parcels totaling 13,265 square feet of land zoned CUPD-CT-2-3. The two structures comprise 8,613 rentable square feet and were built in 1965. The units are large, single-story and consist of (8) 2 Bedroom / 1 Bathroom units and one 3 Bedroom / 1.5 Bathroom unit. All units have their own laundry hook ups and back doors as well as individual water heaters and the ability to be sub-metered for water. The units have all been renovated with plank flooring, new kitchen cabinets, granite countertops and canned lighting as well as tiled shower enclosures.

$135,000

2232 Verus St San Diego, CA 92154

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240003569
Type:
Business Opportunities
Courtesy: John Zhang - KAM Financial Realty John Zhang
View additional info

Well-established medical supplier business with established distribution channels including Walgreens and other drugstores. The owner has been operating the business for nearly 40 years. The manufacturing facility is located in the south-central Norsouth Industrial Park with plenty of space to expand the production and further grow the business. The owner also welcomes equity investment and joint venture initiatives as well. Most of the products in the product catalogs are made in the South San Diego facilities: https://www.icedown.com/Default.asp. Don't miss out on this opportunity to grow your business or income!

$4,750,000

4079 Euclid Avenue San Diego, CA 92105

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240002927SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.36 Acres
Listing Agent: Benn Vogelsang CalDRE: 01883437 - NorthMarq Multifamily Benn Vogelsang CalDRE: 01883437
View additional info

4079 Euclid Avenue is a 22-unit building consisting of 13,908 rentable square feet of structure built in 1962 on a 15,684 square foot lot. The property features 24 parking spaces, common laundry facilities and a strong unit mix of (4) 2 Bedroom / 1 Bath, (14) 1 Bedroom / 1 Bath, and (4) Studio units.

$6,250,000

5111 Wilson St & 8870-78 La Mesa Blvd. La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230017096
Type:
Business Opportunities
Lot size:
0.83 Acres
Courtesy: Daniel J Fefferman - Define Real Estate Daniel J Fefferman
View additional info

Value add opportunity! Offered for sale is a mixed-use investment or redevelopment opportunity in the City of La Mesa comprised of a 10-unit apartment complex and a 5-unit commercial retail center. Just Southwest of the 8 and 125 intersection, this property features easy access to Grossmont Center, Sharp Grossmont Hospital and San Diego State University. Additional Benefit include the large selection of restaurants and shops in Historic Downtown La Mesa. 5111 Wilson St. is a fully occupied 10 unit apartment complex located directly behind the commercial retail center. This well maintained complex is comprised of (4) 2 bed / 1 bath units and (6) 1 bed / 1 bath units, covered parking and detached laundry room. Courtyard style property shows high pride of ownership and consistent updating and maintenance under current ownership. Rents are month-to-month and below market to allow new owner the ability to realize upside through renovation and rental increases or redevelop lot to maximize density. 8870 - 78 La Mesa Blvd. is a fully occupied 5 tenant retail center plus storage yard. With monument signage and high traffic count. This property has great visibility 10 parking spaces and ample on street parking.

$6,250,000

5111 Wilson St & 8870-78 La Mesa Blvd. La Mesa, CA 91942

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230017096SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.83 Acres
Listing Agent: Daniel Fefferman CalDRE: 02026109 - Define Real Estate Daniel Fefferman CalDRE: 02026109
View additional info

Value add opportunity! Offered for sale is a mixed-use investment or redevelopment opportunity in the City of La Mesa comprised of a 10-unit apartment complex and a 5-unit commercial retail center. Just Southwest of the 8 and 125 intersection, this property features easy access to Grossmont Center, Sharp Grossmont Hospital and San Diego State University. Additional Benefit include the large selection of restaurants and shops in Historic Downtown La Mesa. 5111 Wilson St. is a fully occupied 10 unit apartment complex located directly behind the commercial retail center. This well maintained complex is comprised of (4) 2 bed / 1 bath units and (6) 1 bed / 1 bath units, covered parking and detached laundry room. Courtyard style property shows high pride of ownership and consistent updating and maintenance under current ownership. Rents are month-to-month and below market to allow new owner the ability to realize upside through renovation and rental increases or redevelop lot to maximize density. 8870 - 78 La Mesa Blvd. is a fully occupied 5 tenant retail center plus storage yard. With monument signage and high traffic count. This property has great visibility 10 parking spaces and ample on street parking.

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