2525-2543 University Ave - Storefront Retail/Residential FOR SALE


San Diego, CA 92104- North Park
$6,350,000 USD
858-945-7094
2525-2543 University Ave, San Diego, CA for Sale
$6,350,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | 5.05% Cap Rate

2525-2543 University Ave
San Diego, CA 92104
North Park


OVERVIEW

2525-43 University Avenue in San Diego presents a compelling value-add investment opportunity in the heart of North Park, one of the city’s most vibrant and rapidly appreciating submarkets. Priced at $6,350,000, this mixed-use property consists of 12 residential units and 5 commercial spaces, totaling 19,670 square feet on a 12,452-square-foot lot. Originally built in 1925, the asset blends charm with significant upside potential through strategic renovations and lease-up strategies. The residential component includes a diverse unit mix of one studio, nine one-bedroom units, and two two-bedroom units, catering to North Park’s strong rental demand. The commercial spaces benefit from high visibility along University Avenue, a bustling corridor known for its eclectic mix of restaurants, boutiques, and entertainment venues. With a well-trafficked location and a strong tenant base, the property offers immediate cash flow while providing investors the opportunity to enhance returns through interior and exterior upgrades, improved management, and market-rate leasing. Given its irreplaceable location, substantial square footage, and mix of residential and commercial tenants, 2525-43 University Avenue is well-positioned for long-term appreciation.

FOR SALE DETAILS

PRICE

$6,350,000 USD

PRICE/SF

$605 USD /SF

CAP RATE

5.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cadillac Courts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C, San Diego

APN/PARCEL ID

453-071-10-00

ASK ABOUT THIS PROPERTY

Aaron BoveMarcus & MillichapMore Info
858-945-7094

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Aaron BoveMarcus & MillichapMore Info
858-945-7094

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.