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2329 India St
San Diego, CA 92101
Office Property For Sale

Investment Highlights

  • Once-in-a-Generation Opportunity: Little Italy properties don't come to market, they get passed down. This one did not.
  • Three Buildings on Oversized Little Italy Lot: 4,274 SF of building on a 12,176 SF parcel.
  • Use It However You Want: Downtown's most flexible zoning allows residential, office, retail, live/work, hotel, food and beverage, studios, and R&D.
  • Delivered Completely Vacant: No tenants, no leases, no complications. Move in day one or lease it exactly the way you want.
  • Twelve Gated Parking Stalls: The one thing Little Italy can never have enough of. This property has it.
  • Built for an Owner, Not Just an Investor: Live in one building and lease the other. Lease both. Occupy the whole thing.

Executive Summary

The Totah Group of Marcus & Millichap is pleased to present 2329 India Street, a 4,274-square-foot, three-building mixed-use offering on a 12,176-square-foot lot in the heart of Little Italy, San Diego’s most tightly held and highest-barrier-to-entry urban submarket. Little Italy trades quietly. Properties here have been held for decades, passed down through families, and rarely surface on the open market. India & Juniper is one of those rare moments when something genuinely scarce comes available.
The offering comprises three buildings on a single, oversized parcel. Fronting India Street is an approximately 2,250 square-foot structure originally built as a residence and reconstructed as an office building generations ago, a versatile, move-in-ready component that anchors this rare three-building offering. Around the corner on Juniper Street sits a 2,024-square-foot building, originally apartments, most recently operated as professional office. Together they were home to Arnold & Arnold and a roster of attorneys who made India & Juniper their address for decades.
The property’s quiet superpower is what connects the three buildings: a gated, shared parking lot for twelve cars, plus the three garages beneath the Juniper St building. In Little Italy, where parking is the single greatest constraint on tenant demand and asset value, twelve secured stalls is a feature you cannot replicate.
The Owner-User Opportunity: A business can plant its flag in Little Italy at a level of visibility and parking convenience that is functionally unavailable elsewhere in the submarket. Occupy the full 4,274 square feet, or owner-occupy one building and lease the other to offset carrying cost while capturing depreciation, mortgage interest deductions, and long-term equity growth.
The Investor Opportunity: Three buildings, one oversized lot, twelve parking stalls, and an India Street address. The paths to value are open: reposition the existing buildings to creative office, F&B, retail, or live work; lease to the steady professional demand the neighborhood generates; or take a longer view toward redevelopment under Mixed Commercial zoning. Few canvases in San Diego are this blank, in a location this proven.
Download the OM here: https://thetotahgroup.com/property/india-street/

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,274 SF
Building Class
C
Year Built
1975
Price
$4,000,000
Price Per SF
$935.89
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,274 SF
Slab To Slab
8’
Building FAR
0.35
Lot Size
0.28 AC
Zoning
CCPD-MC - Commercial Planned Development Mixed Community
Parking
12 Spaces (2.81 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Storage Space

Property Taxes

Property Taxes

Parcel Number
533-033-13
Land Assessment
$372,149
Improvements Assessment
$286,382
Total Assessment
$658,531
  • Listing ID: 40835107

  • Date on Market: 6/8/2026

  • Last Updated:

  • Address: 2329 India St, San Diego, CA 92101

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