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Hot La Mesa Properties

$12,000,000

WS21258579 MLS ⋅ ACTIVE Status

Rare find unique large residential vacant raw land for sale in city of La Mesa down town area. Total 6 parcels for sale, approx 51.5 acres. three parcels are contiguous at about 50.38 acres, with accesses from Eastridge Dr, Tungsten Dr and High St, with views. The neighbor, West bound of these three parcels, adjacent approx nearly 10 acres have been already approved for 39 homes. This is a gold opportunity for developers or investors. Rare find unique large residential vacant raw land for sale in city of La Mesa down town area. Total 6 parcels for sale, approx 51.5 acres. three parcels are contiguous at about 50.38 acres, with accesses from Eastridge Dr, Tungsten Dr and High St, with views. The neighbor, West bound of these three parcels, adjacent approx nearly 10 acres have been already approved for 39 homes. This is a gold opportunity for developers or investors.

Eastridge, La Mesa

$8,750,000

72 Beds ⋅ 48 Baths ⋅ 260012789 MLS ⋅ ACTIVE Status

This 24-unit multifamily󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

8694 Lemon Ave, La Mesa

$6,995,000

34 Beds ⋅ 22 Baths ⋅ 260016931 MLS ⋅ ACTIVE Status

$500,000 Price Reduction!󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 The offering presents the opportunity to acquire a highly renovated 22-unit multifamily community located in the City of La Mesa, California. The property features a well-balanced unit mix of ten (10) 1-bedroom/1-bath units and twelve (12) 2-bedroom/1-bath units, all of which have been extensively upgraded with modern interior finishes. Notably, all 2-bedroom units are equipped with in-unit washer/dryers, a highly desirable amenity in the submarket. Since 2022, current ownership has invested approximately $1.2 million in capital improvements and interior renovations. These upgrades include fully remodeled unit interiors, exterior enhancements, and targeted improvements to select building systems. The property has been successfully repositioned as a stabilized, turnkey asset. The property benefits from strong regional accessibility, with direct access to Interstate 8 and State Route 125, as well as proximity to public transit. Two trolley stations are located within one mile of the property and are serviced by the Orange Line, providing convenient connectivity to Downtown San Diego and beyond. Foothill Manor represents an opportunity to acquire a fully renovated, institutionally upgraded multifamily asset located in a supply-constrained submarket with strong long-term rental demand fundamentals.

8969 Grossmont Blvd, La Mesa

$5,900,000

14 Beds ⋅ 10 Baths ⋅ 250043888 MLS ⋅ ACTIVE Status

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.

8870-78 La Mesa Blvd, La Mesa

$5,295,000

3 Beds ⋅ 6 Baths ⋅ PTP2604512 MLS ⋅ ACTIVE Status

$250k Price Reduction !!! 7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the Golden Standard Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system replacement, brand new pitched roofs, epoxy-lined sewer mains, dual-pane windows, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $463,138 GSI yielding a 5.37% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $524,010 GSI and 6.23% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the Golden Standard middle market location pr $250k Price Reduction !!! 7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the Golden Standard Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system replacement, brand new pitched roofs, epoxy-lined sewer mains, dual-pane windows, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $463,138 GSI yielding a 5.37% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $524,010 GSI and 6.23% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the Golden Standard middle market location profile. The Property's Class B location provides the ideal balance between acquisition basis, tenant quality, and long-term rental demand, producing notably stronger returns than higher-priced Coastal San Diego submarkets and significantly less operational challenges associated with Class C location assets and tenants.

7025 Boulevard Dr, La Mesa

$3,999,900

5 Beds ⋅ 6 Baths ⋅ 260014796 MLS ⋅ ACTIVE Status

Experience luxury living in the heart of Mt. Helix with this fully remodeled estate offering panoramic views of the surrounding mountains, downtown San Diego, Coronado, and the Pacific Ocean. Spanning approximately 6,322 square feet, this exceptional residence features 5 bedrooms, 5.5 bathrooms, including two primary suites, and breathtaking views from nearly every room. The open-concept floor plan showcases wide-plank hardwood flooring, designer finishes, custom cabinetry, marble-clad bathrooms, and expansive windows that bring the outdoors in. The chef’s kitchen opens seamlessly to the living and dining areas, creating an ideal setting for entertaining. Multiple view terraces and outdoor living spaces provide the perfect backdrop for sunsets and sparkling city lights. The lower level offers a spacious secondary living area with a large family room, wet bar, wine storage, and flexible bonus space ideal for a theater, gym, office, or multigenerational living. Situated on approximately 0.81 acres with a gated entrance, expansive motor court, and 3-car garage, this rare Mt. Helix estate offers an unmatched combination of privacy, space, luxury, and spectacular views. A truly one-of-a-kind opportunity. Experience luxury living in the heart of Mt. Helix with this fully remodeled estate offering panoramic views of the surrounding mountains, downtown San Diego, Coronado, and the Pacific Ocean. Spanning approximately 6,322 square feet, this exceptional residence features 5 bedrooms, 5.5 bathrooms, including two primary suites, and breathtaking views from nearly every room. The open-concept floor plan showcases wide-plank hardwood flooring, designer finishes, custom cabinetry, marble-clad bathrooms, and expansive windows that bring the outdoors in. The chef’s kitchen opens seamlessly to the living and dining areas, creating an ideal setting for entertaining. Multiple view terraces and outdoor living spaces provide the perfect backdrop for sunsets and sparkling city lights. The lower level offers a spacious secondary living area with a large family room, wet bar, wine storage, and flexible bonus space ideal for a theater, gym, office, or multigenerational living. Situated on approximately 0.81 acres with a gated entrance, expansive motor court, and 3-car garage, this rare Mt. Helix estate offers an unmatched combination of privacy, space, luxury, and spectacular views. A truly one-of-a-kind opportunity.

9775 Alto Dr, La Mesa

$3,295,000

6 Beds ⋅ 4 Baths ⋅ 260012081 MLS ⋅ ACTIVE Status

Fall in love with this exquisite Mount Helix Dream Home, featuring a private detached two-bedroom guest house and a 70-foot saltwater lap pool and spa—offered fully furnished and truly move-in ready! This masterpiece is a testament to stylish, modern living with seamless indoor/outdoor living, creating a personal resort ideal for relaxing, dining al fresco, swimming, or entertaining across multiple expansive decks and outdoor spaces. Over $435,000 in recent upgrades highlight the impeccable attention to detail throughout both the main residence and guest house, including newly refreshed hardwood flooring, interior paint, custom window treatments, motorized shades, air conditioning, security and surround-sound systems, cutting edge WiFi, pool pump, rain gutters, stove/oven, and a custom-designed primary walk-in closet. Architectural features include soaring ceilings from 11 to 20 feet, multiple levels, and a dynamic layout that offers exceptional flow and visual interest. The gourmet chef’s kitchen is a showpiece with premium cabinetry, quartz countertops, decorative tile backsplash, a massive waterfall island, high-end stainless steel appliances, pendant lighting, and a reeded-glass walk-in pantry, opening seamlessly to the dining area. The living room offers warmth and sophistication with a striking stone fireplace and built-in library, while an additional flex room with built-in cabinetry and desk provides ideal space for work or relaxation, plus a cozy reading nook with bench seating. Upstairs, the luxurious primary suite features a private deck, fireplace, custom walk-in closet, and spa-inspired bathroom with walk-in shower, freestanding soaking tub, dual-sink vanity, and separate makeup vanity. Secondary bedrooms are generously sized with custom closets, including one with a built-in loft, and designer bathrooms continue the home’s upscale finishes with quartz counters and decorative tile. Additional highlights include a spacious laundry room, detached two-car garage, and ample extra parking. The detached guest house mirrors the quality of the main home, offering two bedrooms, a stylish full bathroom with walk-in shower and floating vanity, a full kitchen with quartz countertops and stainless appliances, LVP flooring, a private deck, and a separate driveway—ideal for guests, multigenerational living, or rental income. Don’t miss this opportunity to live your most luxurious life in the iconic Mount Helix neighborhood, conveniently located near Murdock Elementary and minutes to entertainment, fine dining, shopping, downtown, airport, mountains, and our beautiful beaches!

4525-27 Conrad Dr, La Mesa

$3,295,000

16 Beds ⋅ 8 Baths ⋅ 260008555 MLS ⋅ ACTIVE Status

Exceptional La Mesa 8-unit multifamily opportunity. 6935 Hoffman Ave. + 3979-89 King St. delivers consistent in-place income supported by a strong unit mix and long-term tenancy. The improvements include (1) 3-bedroom / 1-bath home, (1) 1-bedroom / 1-bath home, and (6) 2-bedroom / 1-bath units across three duplex structures. All units are single story and feature newer appliances and private fenced backyards. The duplex structures have been extensively renovated down to the studs, including major capital improvements such as newer roofs, plumbing, electrical, and related systems. These upgrades materially reduce near-term capital expenditure exposure and provide a more predictable ownership profile. From a location standpoint, the property is situated on a large .72 acre corner lot and benefits from a well-connected La Mesa setting. Ideally located near La Mesa Village, Grossmont Center, public transit, and major freeway access providing convenient regional connectivity throughout San Diego County. The asset is also positioned within close proximity to San Diego State University, further supporting long-term rental demand in the surrounding area. Altogether, the property offers a compelling combination of stable income, limited near-term capital needs, and a highly accessible East County location.

6935 Hoffman Ave, La Mesa

$2,700,000

4 Beds ⋅ 5 Baths ⋅ 260024236 MLS ⋅ ACTIVE Status

The Engstrand Residence by Sim Bruce Richards is one of the most engaging examples of the architect’s woodsy, organic modernism. Historically designated (with Mills Act property tax savings in place), the home offers intoxicating views from every room. The interior hosts a number of built-in works by artist James Hubbell. Nestled comfortably amidst granite boulders and mature trees, the 0.82-acre site also hosts a myriad of potential formal and informal dining and entertaining opportunities. The pool and spa area is sited to offer privacy for you and your relaxed guests. Beyond the 4 bedrooms and 4.5 bathrooms inside the home, there is an additional pool-adjacent activity room and half-bath. An additional 1-bedroom, 1-bathroom apartment over the carport has served the owners as a rental as well as professional studio. Since their purchase, the present owners embarked on a number of significant improvements including: new HVAC system, pool equipment, solar, electric car charger, drought-tolerant landscaping with automatic irrigation, and whole-house water filtration among other projects.

9450 Sunset Dr, La Mesa

$2,400,000

240005273 MLS ⋅ ACTIVE Status

Excellent opportunity for residential apartment or mix usage development on El Cajon Blvd. 5 mins from down town La Mesa. Property has up to 15 cars parking with rollup garage door. Chapter 24.06 Section 24.06.020 https://library.municode.com/ca/la_mesa/codes/code_of_ordinances?nodeId=TIT24ZO_CH24.06COZODERE_24.06.020PESTUS Chapter 24.18 Mixed Use Overlay https://library.municode.com/ca/la_mesa/codes/code_of_ordinances?nodeId=TIT24ZO_CH24.18MIUSOVZOU Chapter 24.04 Parking Section 24.04.050 https://library.municode.com/ca/la_mesa/codes/code_of_ordinances?nodeId=TIT24ZO_CH24.04PA_24.04.050OREPARE

7841 El Cajon Blvd, La Mesa

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