7480 El Cajon Blvd, La Mesa, CA 91942

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Kevin Silverstein

[email protected] +1(619) 203-7041

$1,800,000

Est. payment - /mo

0.31 Acres Lot

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UPDATED:

07/24/2024 01:15 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2404372

HOA Y/N No

Lot Size 0.310 Acres

Property Description

PRICED TO SELL!!! Incredible opportunity to build a 12+ unit apartment building or acquire a turn-key property in La Mesa! Newly resurfaced asphalt, added turf, palm trees, iron fencing and more! Currently has existing 760 sq/ft retail building with 2 offices/1 bathroom with central AC, camera surveillance and is leased month to month as a car dealership and fits up to 50 cars. Office building has glass offices giving it a modern look. Current rental income is $12,000/month. Keep, or develop this lot into 12 units of apartments, condos, or other commercial uses. All utilities active and running to property. This 13,503 sq/ft corner lot zoned C-D-MU (General Commercial/Urban Design Overlay/Mixed Use Overlay) allows both residential and commercial uses. Centrally located with convenient freeway access. Prime investment opportunity for savvy developers so dont miss out on this opportunity! Motivated sellers! Buyer to do due diligence as all facts deemed liable but not guaranteed.
PRICED TO SELL!!! Incredible opportunity to build a 12+ unit apartment building or acquire a turn-key property in La Mesa! Newly resurfaced asphalt, added turf, palm trees, iron fencing and more! Currently has existing 760 sq/ft retail building with 2 offices/1 bathroom with central AC, camera surveillance and is leased month to month as a car dealership and fits up to 50 cars. Office building has glass offices giving it a modern look. Current rental income is $12,000/month. Keep, or develop this lot into 12 units of apartments, condos, or other commercial uses. All utilities active and running to property. This 13,503 sq/ft corner lot zoned C-D-MU (General Commercial/Urban Design Overlay/Mixed Use Overlay) allows both residential and commercial uses. Centrally located with convenient freeway access. Prime investment opportunity for savvy developers so dont miss out on this opportunity! Motivated sellers! Buyer to do due diligence as all facts deemed liable but not guaranteed.

Location

State CA

County San Diego

Area La Mesa (91942)

Building

Lot Description Curbs, Sidewalks

Sewer Other/Remarks

Others

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Paiman Gailani • Q1 Real Estate Inc.

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Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities