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7879 7881 La Mesa Blvd

La Mesa, CA 91942
  • $1,400,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 230016711SD
UPDATED: 177 min ago
$1,400,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Ann Musgrove of Allison James Estates & Homes (866-463-5780) and Nicole Hicks of Allison James Estate & Homes(866-463-5780)


Description

TWO UNITS - A 3BD/2BA OLDER HOME W/SOME UPGRADES BEHIND A 950+ COMMERCIAL BUILDING. BUT THE REAL VALUE IS IN THE LAND--BUILD CONDOS, UNITS OR ??? BECAUSE THIS IS A MIXED-USE ZONE WITH LOTS OF STREET AND WALKING TRAFFIC. CLOSE TO EVERYTHING!! ALL PICS ARE FROM OVER THE YEARS AND VACANT PICS ARE PRIOR TO THIS TENANT. HOUSE COMES WITH ELECTRICAL UPGRADES, OWNED SOLAR (PERMITTED AND PENDING INSTALLATION ON HOUSE), NEW ABS PLUMBING, NEWER ROOF, HARDWOOD BAMBOO FLOORING, NEWER WINDOWS AND WINDOW DRESSINGS, 2 FULL BATHS (2ND ONE UNPERMITTED), LARGE LIVINGROOM, LARGE COVERED PATIO LEADING TO LARGE FENCED BACKYARD (NEW VINYL ON ONE SIDE) THAT GETS PROFESSIONALLY MAINTAINED. ALL WORK DONE BY LICENSED CONTRACTORS. STORAGE BUILDING/GARAGE IS DETACHED AND BEING USED AS A GREAT STORAGE UNIT WITH A FAUX FRONT. HAS ROLL UP DOOR (NEVER USED). ONE AND A HALF CAR OR LARGE ONE-CAR GARAGE. FINISHED INSIDE. OWNER CURRENTLY USING BUT USED TO RENT @ $140/MO. COMMERCIAL BUILDING HAS NICE IMPROVEMENTS: 20 AMP AT EACH OUTLET, WIRED FOR A COMMERCIAL COMPLEX, NEWER STAINED CONCRETE FLOORINGAND PLASTER, UPGRADED ELECTRICAL, NEWER PAINT, LIGHTING, & WINDOWS, FAUX FIREPLACE. GREAT FOR SALON, LIGHT RETAIL OR OFFICE. SEE BEFORE PICS. AGENT IS OWNER OF PROPERTY AND MAY DO A 1031 EXCHANGE

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142818987
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7879 7881 La Mesa Blvd La Mesa, CA 91942

  • Price: $1,400,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 177 min ago
  • ID#: 230016711SD
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1950
Built
Neighborhood:
La Mesa
County:
San Diego
Area:
91942 - La Mesa
Property Description
TWO UNITS - A 3BD/2BA OLDER HOME W/SOME UPGRADES BEHIND A 950+ COMMERCIAL BUILDING. BUT THE REAL VALUE IS IN THE LAND--BUILD CONDOS, UNITS OR ??? BECAUSE THIS IS A MIXED-USE ZONE WITH LOTS OF STREET AND WALKING TRAFFIC. CLOSE TO EVERYTHING!! ALL PICS ARE FROM OVER THE YEARS AND VACANT PICS ARE PRIOR TO THIS TENANT. HOUSE COMES WITH ELECTRICAL UPGRADES, OWNED SOLAR (PERMITTED AND PENDING INSTALLATION ON HOUSE), NEW ABS PLUMBING, NEWER ROOF, HARDWOOD BAMBOO FLOORING, NEWER WINDOWS AND WINDOW DRESSINGS, 2 FULL BATHS (2ND ONE UNPERMITTED), LARGE LIVINGROOM, LARGE COVERED PATIO LEADING TO LARGE FENCED BACKYARD (NEW VINYL ON ONE SIDE) THAT GETS PROFESSIONALLY MAINTAINED. ALL WORK DONE BY LICENSED CONTRACTORS. STORAGE BUILDING/GARAGE IS DETACHED AND BEING USED AS A GREAT STORAGE UNIT WITH A FAUX FRONT. HAS ROLL UP DOOR (NEVER USED). ONE AND A HALF CAR OR LARGE ONE-CAR GARAGE. FINISHED INSIDE. OWNER CURRENTLY USING BUT USED TO RENT @ $140/MO. COMMERCIAL BUILDING HAS NICE IMPROVEMENTS: 20 AMP AT EACH OUTLET, WIRED FOR A COMMERCIAL COMPLEX, NEWER STAINED CONCRETE FLOORINGAND PLASTER, UPGRADED ELECTRICAL, NEWER PAINT, LIGHTING, & WINDOWS, FAUX FIREPLACE. GREAT FOR SALON, LIGHT RETAIL OR OFFICE. SEE BEFORE PICS. AGENT IS OWNER OF PROPERTY AND MAY DO A 1031 EXCHANGE
Exterior Features

Fencing Partial Parking Total 0 Roof Composition Spa Features None Spa YN No

Interior Features

Appliances Gas Water Heater Cooling See Remarks Cooling YN Yes Heating Solar Heating YN Yes

Property Features

Association Fee 0 Cap Rate 0 Gross Scheduled Income 52800 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 40890 Possession See Remarks Senior Community YN No Tenant Pays Electricity Zoning Mixed Use



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Ann Musgrove of Allison James Estates & Homes (866-463-5780) and Nicole Hicks of Allison James Estate & Homes(866-463-5780)