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8870 La Mesa Blvd La Mesa, CA $ 6,100,000
8870 La Mesa Blvd
$ 6,100,000
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8870 La Mesa Blvd

La Mesa, CA, 91942
$ 6,100,000
Bedrooms-- Baths--

Monthly Estimate*

$ 38,056

Listed by Marcus & Millichap
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Commercial Property for sale in La Mesa, CA

for $6,100,000.

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.

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Commercial Active

Price

$ 6,100,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

La Mesa

County/Region

San Diego

MLS | Web ID

250043888SD

Days on Market

32

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Operating Expense 134669
Property Type Commercial Sale
Status Active
City La Mesa
Number Of Units Total 15
MLS Area 91942 - La Mesa
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 4.76
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Interior
Air Conditioning Y/N 1
Heating Y/N 0
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 2
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* Excluded Features
List By
Marcus & Millichap

Broker

aaron.bove@colliers.com

Email

Affordability Calculator

$38,056
Per Month
100%
0%
0%
Monthly Principal & Interest
$38,056
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$6,100,000 Listed Price

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8870 La Mesa Blvd, La Mesa, CA, 91942 is a Commercial Property for sale at $6,100,000. The property's zip code is 91942 which is in La Mesa, CA