7170 Saranac St La Mesa, CA 91942
- Commercial real estate
- 1.91 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7170 Saranac St
- Lot size
- 1.91 lot acres
- Property type
- Commercial real estate
- APN
- 469-020-12-00 & 469-020-05-00
Description
This exceptional 1.91-acre property, located at 7170 Saranac St, La Mesa, CA 91942, presents a unique development opportunity. The site encompasses two parcels (APN: 469-020-12-00 & 469-020-05-00), totaling 83,213 square feet of developable land. One parcel features a 72,759 square foot vacant lot, while the other is 10,454 square feet and includes an existing single-family home. Zoned R3 Multiple, the property offers a base density of one dwelling unit per 2,420 square feet, with potential for increased density through various municipal code and state affordable housing bonuses. Its strategic location in La Mesa, a thriving rental submarket of San Diego County, provides exceptional access to major employment centers. Situated near San Diego State University (SDSU), with its 37,500 students and 6,500 employees, and Sharp Grossmont Medical Center, a large medical complex employing 2,700 people, the property benefits from a strong, diverse population base. The property's proximity to the 70th Street Trolley Station and Interstate 8 ensures convenient transit and freeway access. Furthermore, its location near the La Mesa Village and Grossmont Shopping Center offers residents easy access to local amenities and retail options. This makes it attractive to young professionals and families, creating a strong rental market. This is one of the largest land offerings in La Mesa in recent years, making it a truly exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Mesa
- County
- San Diego
- State
- California
- Longitude
- -117.043885
- Latitude
- 32.771163
