Retail and Apartment
For Sale
$5,900,000
8870 La Mesa Blvd, La Mesa, CA 91942
Fully leased mixed-use asset combining a five-tenant retail building and a 10-unit apartment complex.
Lot Size0.86 Acres
Days on Market50
Property Features for 8870 La Mesa Blvd
General Information
Standard status
Active
Lot size
0.86 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
10
Building Details
Tenancy
Multi
Listing Agency:
Colliers International
(951) 226-5454
Listed By:
Aaron Bove ([email protected])
Source:
Mrmurrieta
Added: Jun 13
Changed: Jul 10
Last Checked: Jul 31 at 7:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers International
Investment Insights
Based on property information with market context.
8870-78 La Mesa Blvd presents a fully leased, mixed-use property with two income-producing components. The retail portion is a five-tenant building totaling 11,120 SF, paired with a 10-unit apartment complex on the same site. The property is offered as part of the Fite Plaza / Bel Arms ensemble, sitting on 0.86 acres.
The site is located on La Mesa Blvd and is described as being near major freeways and community amenities, supporting convenient access for both retail customers and residents. The compact footprint and established ensemble context may appeal to owners looking for an integrated, multi-asset setup rather than standalone development.
For investors and owner-operators, the property offers a straightforward mixed-use structure with active tenants in both the retail and residential components. Because the multifamily side is part of the same integrated offering, a new owner could also consider management and property-level improvements targeted toward the apartment experience, including interior upgrades or broader repositioning efforts as part of the asset strategy. The retail building and apartment units together create a practical platform for buyers seeking a consolidated income approach in a single ownership.
The site is located on La Mesa Blvd and is described as being near major freeways and community amenities, supporting convenient access for both retail customers and residents. The compact footprint and established ensemble context may appeal to owners looking for an integrated, multi-asset setup rather than standalone development.
For investors and owner-operators, the property offers a straightforward mixed-use structure with active tenants in both the retail and residential components. Because the multifamily side is part of the same integrated offering, a new owner could also consider management and property-level improvements targeted toward the apartment experience, including interior upgrades or broader repositioning efforts as part of the asset strategy. The retail building and apartment units together create a practical platform for buyers seeking a consolidated income approach in a single ownership.
Key Highlights
- Fully leased mixed‑use property with a five‑tenant retail building and 10‑unit apartment complex
- Retail building totals 11,120 SF and is leased to a diversified tenant roster
- 10‑unit apartment complex provides potential upside through rent normalization, interior upgrades, or repositioning
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,274
Businesses Nearby
Explore this area
Business Placement
Demographics for 91942, CA
40,813
Population
18,488
Households
2.2
Avg Household Size
39
Median Age
38%
College-Educated
94%
High-School Grad
5.8 sq mi
ZIP Area
7,037
Density / Sq Mi
$81,262
Median Household Income
$57,064
Median Earnings
$1,934
Median Rent
$689,300
Median Home Value
Market
Properties on Market for Mixed-use properties in San Diego County
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased mixed-use asset combining a five-tenant retail building and a 10-unit apartment complex.
Where is this mixed-use property located?
The property is located at 8870 La Mesa Blvd La Mesa, CA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Fully leased mixed‑use property with a five‑tenant retail building and 10‑unit apartment complex; Retail building totals 11,120 SF and is leased to a diversified tenant roster; 10‑unit apartment complex provides potential upside through rent normalization, interior upgrades, or repositioning
