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

La Mesa
Local realty services provided by:ERA Donahoe Realty
8870-78 La Mesa Blvd,La Mesa, CA 91942
$5,900,000
Virtual Tour
  • 14 Beds
  • 10 Baths
  • 18,048 sq. ft.
  • Multi-family
  • Active
Listed by: aaron bove
Office: colliers international
MLS#:250043888
Source:San Diego MLS via CRMLS

Price summary

  • Price:$5,900,000
  • Price per sq. ft.:$326.91

About this home

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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Home facts

  • Listing ID #:250043888
  • Added:171 day(s) ago
  • Updated:May 03, 2026 at 01:58 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:18,048 sq. ft.

Structure and exterior

  • Building area:18,048 sq. ft.

Finances and disclosures

  • Price:$5,900,000
  • Price per sq. ft.:$326.91
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