4901 03 Porter Hill Road, La Mesa

$2,249,000

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0 Bed
0 Bath
0 Acre
0 Garage

Introducing a prime opportunity in the heart of La Mesa – a mixed use commercial and residential building with tons of potential. This six unit building, complete with two residential units on the top floor and four retail suites, boasts a brand-new roof and presents an abundance of untapped potential. Nestled in the heart of La Mesa, this property benefits from a central and vibrant location with excellent traffic count and visibility. Situated on a bustling thoroughfare, it is easily accessible and enjoys high foot traffic, making it an ideal hub for businesses of various types. All four commercial units and two residential units are fully occupied. The top floor hosts two residential units. They provide a rare opportunity for owners or tenants to enjoy the vibrant energy of the city while having a serene retreat to call home. The property's new roof and updated facade ensures protection and durability, reducing maintenance costs and providing peace of mind to owners and tenants alike. With La Mesa's growing popularity and development, this property presents incredible upside potential for investors. This mixed use building is a prime investment opportunity in a thriving La Mesa neighborhood. Whether you're looking to establish your own business, lease to others, or enhance your real estate portfolio, this building offers a multitude of possibilities in one of Southern California's most vibrant communities.

Essential Information

MLS® #
PTP2305164
Price
$2,249,000
Bathrooms
0.00
Acres
0.00
Year Built
1947
Type
Commercial Sale
Sub-Type
Mixed Use
Status
Active

Community Information

Address
4901 03 Porter Hill Road
Area
91942 - La Mesa
City
La Mesa
County
San Diego
Zip Code
91942
Senior Community
N

Utilities

Cable Connected, Electricity Connected

Interior

Cooling
Wall/Window Unit(s)
# of Stories
2

Exterior

Exterior
Block, Drywall
Lot Description
Corner Lot
Roof
Flat
Construction
Block, Drywall

Additional Information

Date Listed
October 20th, 2023
Days on Market
214
Zoning
Commercial

Listing Details

Agent
Saad Hallak
Office
Finest City Homes & Loans
Property History
Price Reduced from $2,299,000 to $2,249,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2024 at 9:25am PDT. 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.