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7480 EL CAJON BLVD,  LA MESA, CA 91942

Lot Number , 0.31 Acres,

$1,800,000


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.



DETAILED INFORMATION
MLS#:NDP2404373Price:$1,800,000
Listing Date:05-20-2024Original Price:$1,800,000
List Status:ActiveProperty Type:Lots/land
Days on Market:37Acres:0.31
Parcel Number:4691602300Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:Priced To Sell!!! Incredible Opportunity To Build A 12+ Unit Apartment Building Or Acquire A Turn-key Property In La Mesa! Newly
Lot Number:Frontage Dim:
Grid:Lot Dim:
Subdivision:Lot Sqft:13503
Community:Price Per Sqft:N/A
Current Use:Lot Size:
Best Use:Lot Description:Curbs,sidewalks
Development:Structures:
Zoning:View
Sewer:Utilities:
Fence:Utilities Location:
Topography:Frontage:
Water:Water District:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:
Mello Roos:$0Mello Roose Paid:
Age Restrictions:Miscellaneous:
Additional Land Use:Amenities:
Boat Facilities:Irrigation:
Approved Plans:Loan Terms:
School District:Sale Terms:Cash,Conventional,Exchange


HOW THIS LAND COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT
  0002 COMANCHE, LA MESA, CA 91941LM - LA MESA2687980 $245,000$31
  0000 COMANCHE, LA MESA, CA 91941LM2687193 $245,000$34
  7893 EL CAJON, LA MESA, CA 919425411258 $1,399,000$124
   EL CAJON BLVD, LA MESA, 9194237 $1,800,000$
FOR SALE AVERAGES:197 8,810 $629,667$63


NEARBY SOLD LAND PREVIOUS 12 MONTHS
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT
  7893 EL CAJON BLVD, LA MESA, CA 91942LA MESA1610$520,000$0
  7930 HILLSIDE DR, LA MESA, CA 91942EVENTIDE4070$865,000$0
   EL CAJON BLVD, LA MESA, CA 91942LA MESA3840$185,000$0
   EL CAJON BLVD, LA MESA, CA 91942LA MESA570$185,000$0
  7003 EL CAJON BLVD, SAN DIEGO, CA 92115COLLEGE AREA52518012$1,600,000$88.8297
  Parcel #4 ECHO DRIVE 48, LA MESA, CA 91941RANCH MISSION2029185$199,000$6.8186
  0 WOODLAND DRIVE, LA MESA, CA 91941LA MESA HIGHLANDS7941656$275,000$6.6017
  000 MARIE AVENUE, LA MESA, CA 91942MARIE AVENUE TRACT1107908$225,000$28.4522
  0 DANA DRIVE, LA MESA, CA 91942LA MESA COLONY20719080$367,500$19.2610
   EL CAJON BLVD, LA MESA, CA 91942LA MESA570$75,000$0
   VACANT LAND ON SHELDON DR, LA MESA, CA 91941WINDSOR HILLS220$175,000$0
   LAVA CT, LA MESA, CA 91941EASTRIDGE ESTATES2970$92,000$0
  4243 SUMMIT DR, LA MESA, CA 91941WINDSOR HILLS1557490$365,000$48.7316
  0000 SUMMIT DRIVE, LA MESA, CA 91941WINDSOR HILLS1625537$208,000$37.5655
  6505 EL CAJON BLVD, SAN DIEGO, CA 92115COLLEGE AREA4613274$1,750,000$131.8367
SOLD AVERAGES:179 17,768 $472,433$46




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Listing Provided Courtesy of: Paiman Gailani, Q1 Real Estate Inc..
Data Updated June 26 2024 10:55:13
Listing Last Modified:05-23-2024 02:48:41

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