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7480 El Cajon Blvd, La Mesa, CA 91942
$1,800,000
7480 El Cajon Blvd, La Mesa, CA 91942View this property at 7480 El Cajon Blvd, La Mesa, CA 91942
7480 El Cajon BlvdLa MesaCA91942
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Property Description
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.
Full Property Details
Full Property Details for 7480 El Cajon Blvd
General
- Price: $1,800,000
- Status: Active
- Type: Lots/Land
- MLS ID: NDP2404373
- Updated: 5/22/2024
- Days on Market: 14 days
- Added to Site: 14 day(s) ago
Location
- Area: 91942 - La Mesa
- County: San Diego
- Development Name: 91942 - La Mesa
- Driving 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.
- Dist. to Street: On site
- Dist. to Beach: On site (Miles)
Utilities
- Dist. to Gas: On site
- Dist. to Electric: On site
- Dist. to Sewer: On site
- Water: See Remarks
- Dist. to Water: On site
- Dist. to Telecomm: On site
Lot Features
- Property View: None
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503
- Lot Size Source: Public Records
- Zoning: Residential/Commercial: C-D-MU (Gener...
- Lot Description: Curbs, Gutters, Sidewalks, Street Lights
Financial Considerations
- Price Per Sq. Ft.: $133.3
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Q1 Real Estate Inc., Paiman Gailani
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Schools
Schools serving 7480 El Cajon Blvd
School Districts:La Mesa-Spring Valley School District, Grossmont Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
6925 Tower St, La Mesa, CA 91942 | K-6 | 0.8 mi | |
4200 Parks Ave, La Mesa, CA 91941 | 7-8 | 1 mi | |
Helix Charter High School
7323 University Ave, La Mesa, CA 91942 | 9-12 | 1 mi | |
1100 Murray Dr, El Cajon, CA 92020 | 9-12 | 3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7480 El Cajon Blvd
Date
Details
Price
Change
Source
5/20/2024
Listed
$1,800,000
157.14%
MLS
3/13/2014
Sold
$700,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7480 El Cajon Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,408
1%
$848,765
2%
2022
$10,289
1%
$832,135
2%
2021
$10,147
3%
$815,820
1%
2020
$9,842
2%
$807,456
2%
2019
$9,656
5%
$791,624
5%
2018
$9,185
2%
$754,156
2%
2017
$9,047
3%
$739,370
2%
2016
$8,749
1%
$724,873
2%
2015
$8,684
142%
$713,986
153%
2014
$3,585
—
$282,175
—
2013
$3,578
—
$280,901
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7480 El Cajon Blvd
7480 El Cajon Blvd, La Mesa, CA 91942 (MLS# NDP2404373) is a Lots/Land property with a lot size of 0.3100 acres. 7480 El Cajon Blvd is currently listed for $1,800,000 and was received on May 20, 2024. Want to learn more about 7480 El Cajon Blvd? Do you have questions about finding other Lots/Land real estate for sale in La Mesa? You can browse all La Mesa real estate or contact a Coldwell Banker agent to request more information.