2384 San Diego AveSan Diego, CA 92110

Property Details for 2384 San Diego Ave

Year built

1972

Lot size

0.18 AC

Property size (Sq ft)

6,888 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

443-513-33-00

APU

4435133300

Description

This exceptional 6,888 square foot Class B office building, located at 2384 San Diego Avenue in San Diego, CA 92110, presents a unique investment opportunity. Situated on a 7,788 square foot lot, this vacant property boasts a desirable Old Town Commercial - Community (OTCC-2-1) zoning, allowing for diverse uses. Built in 1972, the building features two parking spaces and a passenger elevator. Its prime location on San Diego Avenue offers excellent visibility and walkability to numerous restaurants and shops. Previously housing the San Diego County Sheriff’s Museum, this building offers a rich history and is available for the first time in 25 years. The asking price is $3,400,000. Potential uses include traditional office, medical office (buyer to verify zoning), multi-family conversion, or short-term rental (Airbnb/hotel). The property benefits from abundant natural light and proximity to major freeways. This is a rare chance to acquire a freestanding owner/user building in a thriving San Diego location. APN: 443-513-33-00.

• CAP approach

  CAP return

  Valuation

  6%

  $2,122,439

  6.5%

  $1,959,174

  7%

  $1,819,233

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,809,245

  Geo Method

  $6,109,411

• Alternative Use

  Use

  Valuation

  Residential

  $1,652,637

  Hospitality

  $1,513,806

  Educational

  $1,259,469

  Medical

  $1,302,784

  Retail

  $1,959,174

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7511

Longitude

-117.193

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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