La Mesa, CA 92154,7991 LA MESA Boulevard
La Mesa, CA 92154,7991 LA MESA Boulevard
La Mesa, CA 92154,7991 LA MESA Boulevard
Listed by Jeffrey Pastore • Alta Pacific Realty
$2,242,478
Est. payment /mo
Est.Price: ?

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SOLD DATE : 12/02/2024

Key Details

Sold Price $2,242,478

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 8N-2408116

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

Zoning Comm

Interior

Heating Central

Cooling Central Air

Building

Lot Description Gentle Sloping, Lot 10000-19999 Sqft, Corner Lot, 0-1 Unit/Acre

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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