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La Mesa Mixed-Use 6760 University Ave 12,196 SF 45% Leased Office Building San Diego, CA 92115 $2,600,000 ($213.18/SF)
Investment Highlights
- Rare mixed-use investment on ±43,124 SF lot with ±12,196 SF building on high-traffic University Ave in La Mesa
- 98% occupied by diverse, service-oriented tenants (beauty, auto sales, law office, escape room, etc.)
- 100% month-to-month leases - immediate flexibility to re-tenant or reposition
- Abundant parking on both sides + dual driveway access for excellent circulation
- In-place rents avg. $1.09/SF Gross ˜40% below market for strong mark-to-market upside
- Ideal owner-user play: occupy part or all while collecting rent to offset costs
Executive Summary
6760 University Avenue, La Mesa – a 12,196 SF mixed-use building on a 43,124 SF lot, 98% leased on month-to-month leases at just $1.09/SF gross (~40% below market). Prime University Ave location with rare abundant parking, minutes from SDSU and the thriving College Area. Strong cash flow with immediate mark-to-market upside, ideal for value-add investors or owner-users. Rare opportunity in a supply-constrained market. Exclusively listed by The Totah Group of Marcus & Millichap. Contact for OM.
https://thetotahgroup.com/property/lm2/
https://thetotahgroup.com/property/lm2/
Property Facts In Escrow
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
12,196 SF
Building Class
C
Year Built
2019
Price
$2,600,000
Price Per SF
$213.18
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,097 SF
Slab To Slab
8’
Building FAR
0.28
Lot Size
0.99 AC
Zoning
6
Parking
45 Spaces (3.69 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Royale Beautique
- Retailer
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Royale Beautique | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 474-130-12 | Improvements Assessment | $662,874 |
| Land Assessment | $611,879 | Total Assessment | $1,274,753 |
Property Taxes
Parcel Number
474-130-12
Land Assessment
$611,879
Improvements Assessment
$662,874
Total Assessment
$1,274,753
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La Mesa Mixed-Use | 6760 University Ave
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