San Diego CA Commercial for Sale

ADDITIONAL INFORMATION

Located in the heart of Hilcrest. This property has never been on the market and has been owned with the same family since it was built in 1927. Very rare opportunity for redevelopment in San Diego's most desirable neighborhood. Located blocks away from hospitals, balboa park, and downtown. Zoned RM 3-9 that allows residential of 1/600 sqft with 10 max number of dwelling units. Built in 1927, 1 two bed one bath house and 4 bungalows. Complete Communities Housing Solutions (CCHS) FAR Tier 2:8.0 FAR Complete Communities Mobility Choices (CCMC) Mobility Zone2 Sustainable Development Area (SDA) Transit Priority Area All units are vacant

ADDITIONAL INFORMATION

Located in the heart of Hilcrest. This property has never been on the market and has been owned with the same family since it was built in 1927. Very rare opportunity for redevelopment in San Diego's most desirable neighborhood. Located blocks away from hospitals, balboa park, and downtown. Zoned RM 3-9 that allows residential of 1/600 sqft with 10 max number of dwelling units. Built in 1927, 1 two bed one bath house and 4 bungalows. Complete Communities Housing Solutions (CCHS) FAR Tier 2:8.0 FAR Complete Communities Mobility Choices (CCMC) Mobility Zone2 Sustainable Development Area (SDA) Transit Priority Area All units are vacant

ADDITIONAL INFORMATION

We are proud to present a luxurious 6-unit apartment complex at 2962-64 Reynard Way in the highly sought-after Middletown neighborhood of San Diego. This impeccably designed property boasts a contemporary unit mix, including one studio, one spacious one-bed-room, one-bathroom unit, and two modern two-bedroom, one-bathroom units, catering to a variety of living preferences. Each unit is appointed with premium finishes, featuring sleek vinyl plank flooring for a sophisticated look and easy maintenance. The mini-split air conditioning systems provide year-round comfort, while custom lighting enhances the modern aesthetic throughout. Bath-rooms offer a spa-like retreat, complete with adjustable dual-head showers and stylish vanities with premium faucets. The kitchens are a chef’s delight, showcasing elegant backsplashes and stainless steel appliances, blending style with functionality. On-site laundry facilities add an extra layer of convenience for residents. Perfectly situated on Reynard Way, the property offers easy access to Middletown’s attractions, from the lively Little Italy district to nearby parks and popular restaurants. This is a prime investment opportunity, offering a high level of luxury in one of San Diego’s most coveted locations.

ADDITIONAL INFORMATION

We are proud to present a luxurious 6-unit apartment complex at 2962-64 Reynard Way in the highly sought-after Middletown neighborhood of San Diego. This impeccably designed property boasts a contemporary unit mix, including one studio, one spacious one-bed-room, one-bathroom unit, and two modern two-bedroom, one-bathroom units, catering to a variety of living preferences. Each unit is appointed with premium finishes, featuring sleek vinyl plank flooring for a sophisticated look and easy maintenance. The mini-split air conditioning systems provide year-round comfort, while custom lighting enhances the modern aesthetic throughout. Bath-rooms offer a spa-like retreat, complete with adjustable dual-head showers and stylish vanities with premium faucets. The kitchens are a chefâ??s delight, showcasing elegant backsplashes and stainless steel appliances, blending style with functionality. On-site laundry facilities add an extra layer of convenience for residents. Perfectly situated on Reynard Way, the property offers easy access to Middletownâ??s attractions, from the lively Little Italy district to nearby parks and popular restaurants. This is a prime investment opportunity, offering a high level of luxury in one of San Diegoâ??s most coveted locations.

ADDITIONAL INFORMATION

Pleased to present a 6-unit apartment complex in the thriving neighborhood of University Heights. 4173 Georgia Street located in San Diego, California was built as a 4-unit property in 1935, fully renovated in 2019, then 2 more units were added in 2023. The property sits on a 6,971 square feet lot, with 4,332 rentable square feet. The unit mix consists of (3) one-bedroom / one-bath-room, (2) two-bedrooms / two-bathrooms, and (1) three-bedrooms / two-bathrooms. Each unit has a split AC and heating system, and select units have private patios and yards. Two units have in-unit laundry while the others are shared. Then to complete this proper-ty, the new construction units are equipped with solar panels as well. University Heights rests in the heart of San Diego with a high potential for rent growth and a pathway for an in-vestor to increase cash flow over time on this fully stabi-lized asset. Within walking distance to some of San Di-egos best bars, restaurants, and shopping, this property boasts an impressive Walk Score of 95. Situated of the boarder of the of three of San Diegoâ??s best rental mar-kets â?? University Heights, Hillcrest, and North Park â?? this property is well positioned with the investorâ??s longevity in mind

ADDITIONAL INFORMATION

OFFICE OR COMMERCIAL SPACE FOR LEASE. The entire building at 2607 1st Ave has been completely renovated from the inside out, featuring modern upgrades including a state-of-the-art fire sprinkler system and brand-new plumbing throughout. Located just five blocks from Balboa Park, this versatile commercial space boasts a prime corner location in the vibrant Bankers Hill neighborhood. Formerly a dental office, the space is perfect for a variety of uses such as office, retail, or even a trendy coffee shop. Directly across the street, a 10-story building is currently under construction, promising a boost in foot traffic and visibility for future tenants. With convenient access to the airport, major freeways, and downtown San Diego, this property offers an ideal location for businesses looking to thrive in a rapidly growing area. Bankers Hill is experiencing a significant transformation, with several large-scale developments reshaping the skyline and future of the neighborhood. In addition to the commercial space, the building has four fully furnished and renovated residential units, offering the potential for a dynamic mixed-use development. The property is easily accessible from both Maple and 1st St, enhancing convenience for both commercial and residential tenants. This is a rare opportunity to establish a presence in a highly desirable and evolving neighborhood.

ADDITIONAL INFORMATION

6-Unit multifamily property located in one of San Diego’s most desirable and best performing submarkets. This property boasts extremely large floor plans, this fantastic unit mix consists of three (3) 2Bdrm/1.5Bath with in-unit laundry, one (1) 2Bdrm/2Bath with in-unit laundry (approx 1,400sf) and two (2) Studios (approx 500sf) along with three (3) single-car garages. With a Walk Score of 97, this asset is a just short walk to transit, cafes, restaurants and shops. This is perfect opportunity for an investor looking for a well-maintained property, with large units and a low price/sf in one of San Diego best neighborhoods.

ADDITIONAL INFORMATION

Spectacular trophy property in Bankers Hill. Prominently sitting atop Maple Canyon, this 7 unit property boasts ocean and natural canyon views. Original 5 units have been fully renovated and updated to command top rents in one of the most dynamic rental pockets of San Diego. Attached studio ADU and detached garage conversion unit added in 2022 and 2023. All units have their own laundry and AC systems. This is a turn-key property for the investor looking to add a marquee asset to their portfolio. Property includes APN 452-668-0300. ADU and conversion unit square footage add an additional ~1000 sq ft that is not yet included in tax record square footage.

ADDITIONAL INFORMATION

For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction - $249,000. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Features : The establishment possesses a Type 41 Beer & Wine license, hood, grease trap and all FF&E included. For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction - $249,000. Step into ownership of a thriving Japanese restaurant and bar in the heart of Hillcrest, one of San Diego’s most vibrant and diverse neighborhoods. This 2,100 SF establishment has been successfully operated by the same owners for 9 years, boasting a stable and loyal workforce. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Prime Location: Situated on University Ave, Hillcrest, a bustling area with a Walk Score of 97, making it a "Walker’s Paradise." The location benefits from heavy foot and vehicle traffic, with over 26,000 vehicles passing daily. Demographics: The surrounding area boasts strong consumer spending, with over $1.05 billion spent on food and alcohol within a 3-mile radius annually. The population within this radius is over 236,000, with a median household income of $83,321, highlighting a customer base with significant disposable income. Features : The establishment possesses a Type 41 Beer & Wine license and a bar with 8 seats. It boasts an impressive array of front-of-house equipment, including a 3-compartment bar sink, a 6-tap two-door beer cooler, a sake machine, a hot water pot, a 48" undercounter refrigerator, a bar ice bin, and 2 POS systems with 3 printers (1 printer in the kitchen). Furthermore, the property features high-capacity HVAC with new water heater, 2 bathrooms, dry storage with server prep/packaging area, and 2 extra-large outdoor storage areas (one with AC). The kitchen is well-equipped with a Type 1, 10-foot hood, a 15-inch char broiler, 6 burners with an oven, a two-hole Chinese wok, a three-door sandwich prep cooler, a two-door sandwich prep cooler, a microwave, an ice machine, a large walk-in cooler, and a 49 cu. ft. two-door freezer. Additionally, there is a 50-gallon grease trap in the basement and an owner-owned dishwasher. The dishwasher room and bathroom were completely remodeled with new a 3-compartment sink, wall and flooring in May 2024. This exceptional opportunity to own a thriving Japanese restaurant and bar in a prime location should not be missed. For further information or to schedule a viewing, please contact us promptly. This is a rare opportunity to own a well-established, profitable restaurant in a high-demand area with significant growth potential. Don’t miss your chance to take over this successful business and benefit from its prime location and robust customer base. Contact us today for more information or to schedule a viewing!

ADDITIONAL INFORMATION

La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. There is ASSUMABLE FINANCING available at 3.89% fixed until December 2026. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.

ADDITIONAL INFORMATION

These are truly unique units in Hillcrest area. Located between Scripps Med Center and USD Med Center, walking distance to both. 9 total units on two tax parcels. 5 units on one property, 4 on the other. First property is a small house in front, with 4 1/1 units in back. Second Parcel is 4 2/1 units. These well maintain units all have below market rents being collected. No rent restrictions. All units have off street parking.

ADDITIONAL INFORMATION

Price Reduced by $500,0000. Seller is willing to entertain offers. VERY ATTRACTIVE ASSUMABLE FINANCING (@2.5% fixed for 35 Years) AVAILABLE!! See below for details on the loan. Here is your chance to buy one of the nicest apartment buildings in Hillcrest/North Park (92103) zip code. Built in 2019 up to condo specs this property should prove to be a fantastic investment for someone looking for a passive, low maintenance apartment building located in one of San Diego's most desirable rental markets. Walk to everything! Average units are over 800 Square Feet with condo quality finishes including high end flooring, counters, cabinets, appliances & lighting. 28 Parking spaces including 21 under ground garage with security gate. The current HUD loan at $8,092,000 can be assumed. The rate is 2.5% Fixed for 35 years (2057). Take advantage of just about the lowest interest rate offered a few years ago and continue to pay down principal while maintaining what is sure to be solid rental growth.

ADDITIONAL INFORMATION

LOCATION LOCATION LOCATION. Incredible walking community! Located just a block from Whole Foods Market, Better Buzz Cafe and plenty of shops and other dining. This convenient location has easy access to the local hospitals , Balboa Park and downtown SD. Wonderful redevelopment area with the possibly of a midrise future development. 5 units are currently rented. @ bedroom front home is a charming craftsman with 2 studios and laundry room in same larger structure (triplex). Second building located at back alley features 2 single bedroom units with courtyard. Build up to 32 units. Buyer to verify.

ADDITIONAL INFORMATION

LOCATION LOCATION LOCATION. Incredible walking community! Located just a block from Whole Foods Market, Better Buzz Cafe and plenty of shops and other dining. This convenient location has easy access to the local hospitals , Balboa Park and downtown SD. Wonderful redevelopment area with the possibly of a midrise future development. 5 units are currently rented. @ bedroom front home is a charming craftsman with 2 studios and laundry room in same larger structure (triplex). Second building located at back alley features 2 single bedroom units with courtyard. Build up to 32 units. Buyer to verify.

ADDITIONAL INFORMATION

Welcome to 726 Torrance Street, a unique opportunity nestled in the heart of San Diego's vibrant 92103 zip code. This property, originally a 36-unit nursing home facility, offers a rare chance for visionary buyers to transform it into a stunning multi-unit apartment complex or even a forever home. While it is currently a fixer-upper, its potential is boundless, promising a lucrative return on investment or a stunning hilltop home for those with the foresight to see its possibilities. Imagine the spacious living areas in this 20,000 square foot lot perched atop a hill that gives beautiful views of downtown San Diego. The building's prime location, just minutes from Balboa Park, trendy boutiques, and renowned dining options, adds to its appeal, making it a prime candidate for a high-end residential development. Bring your creativity and craftsmanship to 726 Torrance Street and transform this diamond in the rough into a jewel of San Diego living.

ADDITIONAL INFORMATION

CBRE is pleased to offer for sale El Don Apartments, a 7-unit Spanish charmer located at 633 Pennsylvania Street in Hillcrest, the premier infill urban community in central San Diego. Built in 1931, El Don Apartments feature timeless Spanish Colonial Revival architecture combined with lush landscaping to create the ideal living environment. The unit mix consists of 6 spacious one-bedrooms and a two-bedroom townhouse owner’s unit. For the resident’s convenience there is a laundry facility in the expansive private courtyard in the rear of the property. The property is well maintained offering a new owner substantial rental upside.

ADDITIONAL INFORMATION

This is an approximately 6000 sq ft office building on a lot of over a 10000 sq ft. The office space is on a single floor above a gated street level garage with about ten parking spaces. It is situated in the prestigious Bankers Hill neighborhood bordering the Maple Canyon Open Space and two blocks from Balboa Park with a view to the West of San Diego Bay. There are also multiple restaurants within walking distance. Building is currently under renovation, and new tenant can have input on design decisions.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

We are pleased to present The Catalina located at 237 Spruce Street in San Diego, California. The 14-unit apartment complex is located in the highly desirable neighborhood of Bankers Hill and boasts a Walk Score of 85. Originally built in 1913 and renovated in 2005, the property sits on a 5,171 square foot lot and the building measures approximately 8,724 square feet. The unit mix consists of (1) two bedroom / one bathroom unit, (12) junior one bedroom / one bathroom units, and a non-conforming commercial space. All junior one bedroom units have pocket doors separating the bedroom area from the living room. The property has been meticulously well-maintained with various capital improvements completed by current ownership. The exterior of the property has been updated with dual pane vinyl windows, fresh paint, and a fully rebuilt fire escape on the north side of the building. Both the electrical system and drain lines have been upgraded, as well as a newly upgraded sewer line with an epoxy liner. Attractive tenant offerings include secure gated entry, on-site laundry, and a third floor rooftop deck with expansive views of the San Diego Bay. Electricity is separately metered reducing operating costs to the owner. Through a more extensive interior renovation, an investor could bring current rents to market and maximize overall cash flow. Located only two blocks from Fifth Avenue and three blocks from Balboa Park (which also hosts the San Diego Zoo), the property is centrally located to all the best both Bankers Hill and Hillcrest have to offer.

ADDITIONAL INFORMATION

Investment or Owner/User opportunity in one of the most sought-after submarkets in San Diego on the border of Mission Hills and Hillcrest. This commercial condo offering consists of 3 first floor Retail/Office suites for Sale totaling 4,347 SF. The 1,500 SF corner unit with priceless glass line is vacant and available for Lease or for a Buyer to occupy after purchasing. Current income from two Leased suites is $9,815/month and Proforma 100% stabilized investment could be 5.86%! Vacant suite features grease trap, floor drains and cooler/freezer equipment previously used as quick service restaurant and bar. Offered at $2,260,000.