8870 La Mesa Blvd, La Mesa, CA 91942 | For Sale

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For Sale $5,900,000

$5,900,000
  • (0)
  • 15 Units
  • Unknown Sq Ft
  • Unknown Sq Ft
  • Unknown Cap Rate

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $5,900,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 49484001 & 02
MLS # 250043888SD
Property ID 322349282
Lot Sqft Unknown
Zoning Unknown
Total Units 15
Days on Market 230
Original List Price $6,100,000
Date Updated May 26, 2026
Date Created November 12, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Aaron Bove an agent of . Lic #01318320


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 26, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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