La Mesa, CA
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    La Mesa, CA Apartment Buildings for Sale

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    San Diego, CA Lemon Grove, CA El Cajon, CA
    R3 Zoned Multi-Unit Residential
    $990,000

    R3 Zoned Multi-Unit Residential

    7380 Mohawk st., La Mesa, CA 91942

    Multi-unit residential property with development potential near SDSU and Grossmont.

    • R3 Multi‑Unit Residential Zoning allows for potential development of up to 5 units.
    • Currently configured as a 2‑unit rental property providing immediate income.
    • Significant growth opportunities for investors or those seeking income property.
    • Located near SDSU and Grossmont College, ideal for student housing.
    • Potential to maximize property value through further development.
    Updated: Apr 24
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    Mixed-Use Property in La Mesa
    $6,100,000
    18,048 SF

    Mixed-Use Property in La Mesa

    8870-78 La Mesa Blvd, La Mesa, CA 91942

    Fully leased mixed-use property with cash flow and redevelopment potential.

    • Fully leased mixed‑use property offering immediate cash flow.
    • Features an 11,120 SF retail building with 5 tenants and a 10‑unit apartment complex on 0.86 acres.
    • Located in a highly accessible East County location near major freeways.
    • Retail component provides stable cash flow from a diversified tenant roster.
    • Multifamily component offers upside through rent normalization, interior upgrades, or repositioning.
    Updated: Nov 13, 2025
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in La Mesa, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Detached Homes in Rolando Village
    $5,499,999
    9,900 SF

    Detached Homes in Rolando Village

    Ten detached single-family rental homes near San Diego State University.

    6752 Solita Avenue, San Diego, CA 92115
    View details
    Renovated Apartment Community in Spring Valley
    $16,390,000

    Renovated Apartment Community in Spring Valley

    Recently renovated 48-unit apartment community with development potential.

    9249 Birch St, Spring Valley, CA 91977
    View details
    Molokai Apartments: Multifamily Investment Opportunity
    $12,750,000
    33,740 SF

    Molokai Apartments: Multifamily Investment Opportunity

    Garden-style apartments in College East neighborhood with upside potential.

    5055 73rd St, San Diego, CA 92115
    View details
    Renovated Apartment Community in Spring Valley
    $16,790,000
    36,960 SF

    Renovated Apartment Community in Spring Valley

    48-unit apartment community in La Presa neighborhood, renovated in 2025.

    9249 Birch St, Spring Valley, CA 91977
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    San Jacinto Land with Utilities
    $155,000
    14,375.00 Acres

    San Jacinto Land with Utilities

    Unique lot with utilities available for multiple residential uses.

    0 Rosario, San Jacinto, CA 92583
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    El Monte Development Opportunity
    $515,000
    7,422.00 Acres

    El Monte Development Opportunity

    R3-zoned lot ideal for multi-family residential development.

    2509 Floradale Avenue, El Monte, CA 91732
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    Development Opportunity with DTLA Views
    $799,000
    9,746.00 Acres

    Development Opportunity with DTLA Views

    Land with potential for up to 23 units.

    700 Lookout Dr, Los Angeles, CA 90012
    View details
    Ready-to-Issue Affordable Housing Project
    $1,800,000
    0.26 Acres

    Ready-to-Issue Affordable Housing Project

    78-unit affordable housing project near Dodger Stadium and Mount Washington.

    3526 Arroyo Seco Ave, Los Angeles, CA 90065
    View details

    Off-Market Properties in La Mesa, CA

    Consider similar Off-Market properties in La Mesa, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7376 University Ave, Unit 92
    APARTMENT HOUSE (5+ UNITS)
    5,950 SF Lot: 0.44 Acres
    Estimated value
    $1,630,000
    Unit 92

    7376 University Ave, La Mesa, CA 91942-0503

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    5360 Marengo Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 2.69 Acres
    Estimated value
    $22,000,000

    5360 Marengo Ave, La Mesa, CA 91942-5100

    View details
    4818 Palm Ave
    APARTMENT HOUSE (5+ UNITS)
    4,704 SF Lot: 0.19 Acres
    Value Estimation by Request

    4818 Palm Ave, La Mesa, CA 91942-9312

    View details
    4826 Palm Ave
    APARTMENT HOUSE (5+ UNITS)
    4,704 SF Lot: 0.18 Acres
    Value Estimation by Request

    4826 Palm Ave, La Mesa, CA 91942-9312

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    7630 Normal Ave
    APARTMENT HOUSE (5+ UNITS)
    5,820 SF Lot: 0.35 Acres
    Value Estimation by Request

    7630 Normal Ave, La Mesa, CA 91941-6130

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    8105 Lemon Ave, Unit 19
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.17 Acres
    Estimated value
    $2,885,000
    Unit 19

    8105 Lemon Ave, La Mesa, CA 91941-6440

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    5035 Guava Ave, Unit 49
    APARTMENT HOUSE (5+ UNITS)
    46,178 SF Lot: 1.32 Acres
    Estimated value
    $5,855,000
    Unit 49

    5035 Guava Ave, La Mesa, CA 91942-8212

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    5669 Amaya Dr
    APARTMENT HOUSE (5+ UNITS)
    23,220 SF Lot: 0.83 Acres
    Estimated value
    $4,895,000

    5669 Amaya Dr, La Mesa, CA 91942-5612

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    4940 Comanche Dr
    APARTMENT HOUSE (5+ UNITS)
    10,640 SF Lot: 0.47 Acres
    Estimated value
    $2,745,000

    4940 Comanche Dr, La Mesa, CA 91942-8053

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    7425 Waite Dr
    APARTMENT HOUSE (5+ UNITS)
    10,150 SF Lot: 0.44 Acres
    Value Estimation by Request

    7425 Waite Dr, La Mesa, CA 91941-7685

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    7025 Blvd Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.31 Acres
    Estimated value
    $4,795,000

    7025 Blvd Dr, La Mesa, CA 91941-7550

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    7914 La Mesa Blvd
    APARTMENT HOUSE (5+ UNITS)
    41,918 SF Lot: 1.16 Acres
    Estimated value
    $9,545,000

    7914 La Mesa Blvd, La Mesa, CA 91942-5069

    View details
    4851 Jessie Ave
    APARTMENT HOUSE (5+ UNITS)
    4,303 SF Lot: 0.27 Acres
    Estimated value
    $720,000

    4851 Jessie Ave, La Mesa, CA 91942-8626

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    7932 La Mesa Blvd, Unit 40
    APARTMENT HOUSE (5+ UNITS)
    14,108 SF Lot: 0.43 Acres
    Estimated value
    $2,185,000
    Unit 40

    7932 La Mesa Blvd, La Mesa, CA 91942-5070

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    7740 Pkwy Dr
    APARTMENT HOUSE (5+ UNITS)
    14,952 SF Lot: 0.97 Acres
    Estimated value
    $3,730,000

    7740 Pkwy Dr, La Mesa, CA 91942-4600

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    4513 Palm Ave
    APARTMENT HOUSE (5+ UNITS)
    7,985 SF Lot: 0.25 Acres
    Estimated value
    $1,135,000

    4513 Palm Ave, La Mesa, CA 91941-5541

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    7880 Quince St
    APARTMENT HOUSE (5+ UNITS)
    4,096 SF Lot: 0.12 Acres
    Estimated value
    $1,050,000

    7880 Quince St, La Mesa, CA 91941-6377

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    7870 Quince St
    APARTMENT HOUSE (5+ UNITS)
    3,525 SF Lot: 0.11 Acres
    Estimated value
    $1,050,000

    7870 Quince St, La Mesa, CA 91941-6376

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    7656 Normal Ave
    APARTMENT HOUSE (5+ UNITS)
    5,408 SF Lot: 0.35 Acres
    Estimated value
    $2,100,000

    7656 Normal Ave, La Mesa, CA 91941-6105

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    7629 Normal Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.02 Acres
    Value Estimation by Request

    7629 Normal Ave, La Mesa, CA 91941-6187

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    4771 Jessie Ave
    APARTMENT HOUSE (5+ UNITS)
    8,720 SF Lot: 0.34 Acres
    Estimated value
    $1,120,000

    4771 Jessie Ave, La Mesa, CA 91942-8874

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    5637 Lk Park Way
    APARTMENT HOUSE (5+ UNITS)
    10,200 SF Lot: 0.50 Acres
    Estimated value
    $1,490,000

    5637 Lk Park Way, La Mesa, CA 91942-1931

    View details

    La Mesa, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in La Mesa, CA on our real estate platform. These investment opportunities span a total of 18,048 square feet of properties for sale, with an estimated market value of $6,100,000.

    Sale prices for two-family homes in La Mesa, CA start at $6,100,000, averaging $6,100,000, and reaching up to $6,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in La Mesa fall within the 100,000+ square foot range.

    Demographics Overview

    Population 75K
    Population Growth (5Y) +2.9%
    Median Household Income $94,968
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify La Mesa submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    91942 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $12.10 per sq ft
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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