La Mesa Homes with Mixed Use Subtype

Welcome to La Mesa, California—an enchanting city nestled in the heart of San Diego County, where vibrant community spirit meets picturesque surroundings. Known as the "Jewel of the Hills," La Mesa boasts a charming downtown area filled with eclectic shops, delightful restaurants, and a thriving arts scene, making it a perfect place for those who appreciate a blend of urban convenience and suburban tranquility.

La Mesa is not just a beautiful place to live; it also offers a unique opportunity for homeowners and investors alike with its mixed-use properties. Homes with a mixed-use subtype in La Mesa provide an exceptional lifestyle choice, allowing residents to enjoy the comforts of home while also benefiting from commercial spaces right at their doorstep. Imagine waking up in your cozy residence and stepping out to a vibrant café or boutique, all within walking distance. This innovative living arrangement fosters a sense of community and convenience, making it ideal for entrepreneurs, artists, and anyone looking to blend work and leisure seamlessly.

The city’s commitment to preserving its rich history while embracing modern development ensures that La Mesa remains a desirable destination. With its friendly neighborhoods, excellent schools, and numerous parks, families and young professionals alike will find a welcoming atmosphere. Whether you’re seeking a quaint bungalow or a contemporary mixed-use property, La Mesa offers diverse housing options to suit every taste and lifestyle.

Discover the charm and convenience of La Mesa, where every day feels like a new adventure waiting to unfold right outside your door!

Newest La Mesa Homes with Mixed Use Subtype

$2,320,000

260017468SD MLS ⋅ Active Status

Well-positioned 10 unit asset offering strong in-place income with rental upside in one of East County’s most desirable rental markets. The property features a balanced unit mix of four studios, four 1BRs, and two 2BR units. Tenants enjoy on-site laundry and a covered parking space for each unit. Recent Capital Improvements include new roof (2024), new stairs and catwalks (SB721 compliant), and new electrical. La Mesa offers buyers the ideal combination of stable suburban demand and proximity to major San Diego employment hubs. The 91941 area attracts professionals, families, and long-term residents drawn to its walkable village atmosphere, nearby parks and recreation, and convenient freeway access. With strong household incomes, balanced renter demand, and limited new multifamily supply, this pocket of La Mesa provides durable occupancy, consistent rent performance, and long-term appreciation potential, making it a compelling, lower-volatility alternative to higher-priced coastal submarkets.

4415 Rosebud Ln, La Mesa

$6,995,000

260016931SD MLS ⋅ Active Status

$500,000 Price Reduction! The offering presents the opportunity to acquire a highly renovated 22-unit multifamily community located in the City of La Mesa, California. The property features a well-balanced unit mix of ten (10) 1-bedroom/1-bath units and twelve (12) 2-bedroom/1-bath units, all of which have been extensively upgraded with modern interior finishes. Notably, all 2-bedroom units are equipped with in-unit washer/dryers, a highly desirable amenity in the submarket. Since 2022, current ownership has invested approximately $1.2 million in capital improvements and interior renovations. These upgrades include fully remodeled unit interiors, exterior enhancements, and targeted improvements to select building systems. The property has been successfully repositioned as a stabilized, turnkey asset. The property benefits from strong regional accessibility, with direct access to Interstate 8 and State Route 125, as well as proximity to public transit. Two trolley stations are located within one mile of the property and are serviced by the Orange Line, providing convenient connectivity to Downtown San Diego and beyond. Foothill Manor represents an opportunity to acquire a fully renovated, institutionally upgraded multifamily asset located in a supply-constrained submarket with strong long-term rental demand fundamentals.

8969 Grossmont Blvd, La Mesa

$8,750,000

260012789SD MLS ⋅ Active Status

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

8694 Lemon Ave, La Mesa

$3,295,000

260008555SD MLS ⋅ Active Status

Exceptional La Mesa 8-unit multifamily opportunity. 6935 Hoffman Ave. + 3979-89 King St. delivers consistent in-place income supported by a strong unit mix and long-term tenancy. The improvements include (1) 3-bedroom / 1-bath home, (1) 1-bedroom / 1-bath home, and (6) 2-bedroom / 1-bath units across three duplex structures. All units are single story and feature newer appliances and private fenced backyards. The duplex structures have been extensively renovated down to the studs, including major capital improvements such as newer roofs, plumbing, electrical, and related systems. These upgrades materially reduce near-term capital expenditure exposure and provide a more predictable ownership profile. From a location standpoint, the property is situated on a large .72 acre corner lot and benefits from a well-connected La Mesa setting. Ideally located near La Mesa Village, Grossmont Center, public transit, and major freeway access providing convenient regional connectivity throughout San Diego County. The asset is also positioned within close proximity to San Diego State University, further supporting long-term rental demand in the surrounding area. Altogether, the property offers a compelling combination of stable income, limited near-term capital needs, and a highly accessible East County location.

6935 Hoffman Ave, La Mesa

$5,900,000

250043888SD MLS ⋅ Active Status

We proudly present 8870-78 La Mesa Blvd, part of the Fite Plaza / Bel Arms ensemble, a fully leased, income-producing, mixed-use property with immediate cash flow, and significant value-add or redevelopment upside. The asset combines a 5-tenant retail building (11,120 SF) with a 10-unit apartment complex, all on 0.86 acres in one of East County’s most accessible and desirable locations. The retail component generates stable cash flow from a diversified tenant roster, while the multifamily component offers upside through normalization of rents, interior upgrades, or repositioning. Because of the site’s compact footprint and location near major freeways and community amenities, a creative owner could explore infill or densification strategies. With limited new ground available in this submarket, this property represents a compelling opportunity to acquire a multi-layered real estate play in La Mesa.

8870 La Mesa Blvd, La Mesa

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.