858-717-1697
4870 Santa Monica Ave, San Diego, CA for Sale
Office/Residential - FOR SALE
1/21
null | Request Cap Rate

4870 Santa Monica Ave
San Diego, CA 92107


HIGHLIGHTS

  • Building Size 4,802 //// Lot Size: 7,000 SF
  • Potential to Develop ADUs //// Alley Accessible
  • All Lease Agreements on Month to Month
  • Excellent Owner-User or Investor Opportunity
  • First Time on the Market in Decades
  • Convert the Upstairs Office into Residential Units

OVERVIEW

The Franco Realty Group is proud to exclusively present for sale the retail and office building located at 4870 Santa Monica Avenue in Ocean Beach. This 4,802 sqft commercial building sits on a 7,000 sqft lot with about 15 onsite parking spaces. There is so much land in the back of this property that a developer has the opportunity to develop a couple of ADUs. The property is zoned cc-4-2, which means, a new owner can convert the upstairs office space into residential units and possibly add more residential units in the parking lot. The location is phenomenal! The OB Farmer's Market, pier, beach, Newport Avenue and more are all within walking distance. This is a great opportunity for a business to purchase a retail or office building and operate their business out of this location. All of the leases are on month to month agreements. This is a great opportunity for someone to take advantage of SBA Financing with as little as 10% down payment. The current landlord has kept the building in excellent condition with new travertine & wood flooring throughout. The HVAC, plumbing, roof, electrical and more are all in good condition.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ocean Beach Commercial Building For Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CC-4-2

APN/PARCEL ID

448-302-33

ASK ABOUT THIS PROPERTY

Tony FrancoFranco Realty GroupMore Info
858-717-1697

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Tony FrancoFranco Realty GroupMore Info
858-717-1697

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