6970-6990 University Ave | La Mesa, CA 91942
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- LoopNet Team
6970-6990 University Ave
La Mesa, CA 91942
PRICE SLASHED!! · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Incredible La Mesa Location on Busy University Ave and 70th St.
- Well positioned to provide intermediate cash-flow through re-tenanting or entitlement process
- 5 Minutes from San Diego State University
- Excellent Mixed-Use Development Opportunity
- Value-add opportunity, month-to-month, and below-market rents allow a new owner to realize upside rental increases.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,487 SF
Building Class
C
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.70 AC
Zoning
CFD, La Mesa
Parking
20 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
162’ on University Ave
AMENITIES
- Corner Lot
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 474-620-25 | Improvements Assessment | $288,000 |
| Land Assessment | $1,032,000 | Total Assessment | $1,320,000 |
PROPERTY TAXES
Parcel Number
474-620-25
Land Assessment
$1,032,000
Improvements Assessment
$288,000
Total Assessment
$1,320,000
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