ActiveCommercial · sale

8870 La Mesa Blvd

La Mesa, CA 91942

$5,900,000

    Listed by Colliers International · MLS #250043888SD

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    8870 La Mesa Blvd, La Mesa, CA 91942 · MLS #250043888SD

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    THE PROPERTY

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    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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    THE NEIGHBORHOOD

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    8870 La Mesa Blvd, La Mesa, CA 91942

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    LOCAL MARKET CONTEXT

    San Diego County housing market

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    12-month price trend$917,223Up 1.4% vs. the previous 12 months
    Months of supply2.712-month average
    Days on market3312-month weighted average

    Latest available data: August 2026. Research by ERA Brokers Consolidated.

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    These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

    THE DETAILS

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    Property type
    CommercialSale
    Category
    Commercial
    Parcel
    49484001 & 02
    HOA fee
    $0.00

    Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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    Listing information

    MLS #250043888SD · California Regional MLS

    Listing brokerage: Colliers International
    Listing agent: Aaron Bove

    Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.