• 7480 El Cajon Blvd La Mesa, CA 91942

  • $1,800,000
  • 0
    Sq Ft
  • 13503
    Sqft
  • Listed By: Paiman Gailani, Q1 Real Estate Inc., DRE #01296287
  • Source: CRMLS

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 don’t miss out on this opportunity! Motivated sellers! Buyer to do due diligence as all facts deemed liable but not guaranteed.

Property Type :

Land

County :

San Diego

Style :

Land

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Property Details

 

Bathroom Information

Total Baths: 0

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.31

Lot Size Source: Public Records

Lot Size Square Feet: 13503

Listing Price Information

Original List Price: 1,800,000

Listing Contract Date: 2024-05-20

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4691602300

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 91942 - La Mesa

Directions: 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 don’t miss out on this opportunity! Motivated sellers! Buyer to do due diligence as all facts deemed liable but not guaranteed.

Zoning: Residential/Commercial: C

Source Property Type: Land

Area: 91942 - La Mesa

Building and Construction

Year Built Source: Vendor Enhanced

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Nearby Home Value

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5107 Guava Ave, La Mesa, CA,91942 $749,999 3 2 1,066 11799 Sqft
5702 Baltimore Drive #255, La Mesa, CA,91942 $499,000 2 1 750 --
4980 Pine St, La Mesa, CA,91942 $1,539,000 4 4 3,436 6158 Sqft
6113 Nancy Dr, La Mesa, CA,91942 $849,999 4 2 1,378 6000 Sqft
7940 University Ave #20, La Mesa, CA,91942 $530,000 2 1 1,095 81187 Sqft
5111 Jackson Drive, La Mesa, CA,91942 $799,000 2 1 821 5036 Sqft
5885 Cowles Mountain Blvd, La Mesa, CA,91942 $1,088,000 3 2 1,890 13200 Sqft
7893 El Cajon Boulevard, La Mesa, CA,91942 $1,399,000 -- -- -- 11258 Sqft

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ByOwner last updated this listing 06/17/2024 @ 02:03

MLS: NDP2404373
LISTED BY: Paiman Gailani, Q1 Real Estate Inc.
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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