Active

4901 03 Porter Hill Road

La Mesa CA, 91942

$2,249,000


$640.01 per sqft

Active

3,514 sqft

Commercial

Built in 1947

Listed by Saad Hallak with Finest City Homes & Loans 619-569-2592

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.

PTP2305164

MLS ID

October 20, 2023

Listed

February 27, 2024

Updated

Map

4901 03 Porter Hill Road
La Mesa CA, 91942

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

3,145 Acres


Lot Features

Corner Lot


Roof

Flat

Other Property Details

Area Name

91942 - La Mesa


Taxes

$3,600


Tax Frequency

Annually


Days on Market

130


Garage

No


Parking Total

0


View

No


County

San Diego


Water Source

Public


Pool

No


Zoning

Commercial


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/27/2024

Price Change

$2,249,000

-3%

Listing Contact: 619-569-2592 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/27/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/27/2024 at 9:39 PM UTC

 

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