5330 Carroll Canyon RdSan Diego, CA 92121

Property Details for 5330 Carroll Canyon Rd

Year built

1986

Lot size

1.14 AC

Property size (Sq ft)

459 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Office properties

APN

341-322-31-01

APU

3413223101

Description

This ±4,314 square foot medical office condominium, located at 5330 Carroll Canyon Rd, San Diego, CA 92121, presents a unique owner-user investment opportunity. The Class B building, constructed in 1986 and renovated in 2015, offers a high-end, adaptable space ideal for medical practices. Boasting two stories within a single building, the property features ample parking (3.24 spaces per 1,000 square feet) and convenient on-site electric vehicle charging stations. Its prominent signage ensures high visibility. The IL-2-1 zoning provides flexibility for various medical uses. Situated in a prime location near Scripps Memorial Hospital, UCSD Jacobs Medical Center, and Scripps Clinic/Greene Hospital, this property offers easy access for patients and staff in the UTC, La Jolla, and Central San Diego areas. This is an exceptional chance to own a well-maintained medical office space, eliminating the ongoing expense of rising lease payments. The property's strategic location and modern amenities make it an attractive investment for medical professionals seeking to establish or expand their practice in a thriving San Diego neighborhood. The single unit building provides a unique opportunity for a medical practice to own its space.

• CAP approach

  CAP return

  Valuation

  6%

  $96,214

  6.5%

  $88,813

  7%

  $82,469

• Comparable approach

  Method

  Valuation

  Relative Method

  $74,286

  Geo Method

  $161,554

• Alternative Use

  Use

  Valuation

  Residential

  $110,128

  Hospitality

  $100,876

  Educational

  $83,928

  Medical

  $86,814

  Retail

  $130,555

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.8922

Longitude

-117.193

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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