La Mesa CA Real Estate & Commercial for Sale

Incredible opportunity for an owner user or an investor! Well maintained professional office building with 80% occupancy (4 of 5 units). Great location close to La Mesa Village. Large lot with 19 parking spaces. All tenants have been onsite for over a decade. Excellent upside rent potential as 3 of 4 tenants are month to month with lone tenant on lease until 2025 with 5% annual rent increases. Do not approach tenants. Seller financing preferred.

**PRICE REDUCTION** This great investment property is nestled in at the end of a cul-de-sac just minutes away from Downtown San Diego! The property features 5 x TWO Bedroom/ONE Bath units PLUS, 2 x ONE Bedroom/ONE Bath units w/ample parking, on-site laundry and plenty of yard space

Value add opportunity! Offered for sale is a mixed-use investment or redevelopment opportunity in the City of La Mesa comprised of a 10-unit apartment complex and a 5-unit commercial retail center. Just Southwest of the 8 and 125 intersection, this property features easy access to Grossmont Center, Sharp Grossmont Hospital and San Diego State University. Additional Benefit include the large selection of restaurants and shops in Historic Downtown La Mesa. 5111 Wilson St. is a fully occupied 10 unit apartment complex located directly behind the commercial retail center. This well maintained complex is comprised of (4) 2 bed / 1 bath units and (6) 1 bed / 1 bath units, covered parking and detached laundry room. Courtyard style property shows high pride of ownership and consistent updating and maintenance under current ownership. Rents are month-to-month and below market to allow new owner the ability to realize upside through renovation and rental increases or redevelop lot to maximize density. 8870 - 78 La Mesa Blvd. is a fully occupied 5 tenant retail center plus storage yard. With monument signage and high traffic count. This property has great visibility 10 parking spaces and ample on street parking.

Developer's dream!! Build up to 12 units with density bonus just minutes walk from Lake Murray. 18,000 sq ft, flat lot with pool already installed ready to be developed. This is the last lot on the block that has not been converted to 10+ units. Take advantage of this highly sought after location, lot size, and zoning flexibility. Parcel currently has SFR with in ground pool and owned solar, and motivated sellers.