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7480 El Cajon Blvd

La Mesa, CA 91942
  • $2,950,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: NDP2308645
UPDATED: 46 min ago
$2,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1997
County:

School Ratings & Info

Listing Agent(s): Paiman Gailani of Q1 Real Estate Inc. (858-756-0048)


Description

Incredible opportunity to 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. Please call listing agent Paiman Gailani (619) 972-SOLD.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T19:31:26.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/145063574
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7480 El Cajon Blvd La Mesa, CA 91942

  • Price: $2,950,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 46 min ago
  • ID#: NDP2308645
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1997
Built
Neighborhood:
91942 - La Mesa
County:
San Diego
Area:
91942 - La Mesa
Property Description
Incredible opportunity to 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. Please call listing agent Paiman Gailani (619) 972-SOLD.
Exterior Features

Entry Level 1 Lot Features Corner LotPavedStreet Level Open Parking Spaces 90 Parking Total 90 Sign On Property YN Yes

Interior Features

Cooling Central Air Cooling YN Yes Heating YN No

Property Features

Association Fee 0 Cap Rate 0 Gross Scheduled Income 0 Insurance Expense 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalGovernment Loan Net Operating Income 0 Operating Expense 0 Property Sub Type Mixed Use Special Listing Conditions Standard Trash Expense 0 Water Source Public Zoning Residential/Commercial: C



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T19:31:26.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Paiman Gailani of Q1 Real Estate Inc. (858-756-0048)