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3446 Park Blvd 3,256 SF 100% Leased Office Building San Diego, CA 92103 $3,150,000 ($967.44/SF)



Investment Highlights
- Fully leased office building delivering immediate income stability.
- Close to Hillcrest, North Park, and Balboa Park, offering a vibrant urban setting.
- Surrounded by retail, dining, and professional services that enhance tenant appeal.
- Located along Park Boulevard with excellent visibility and accessibility.
- Convenient access to major freeways and public transportation routes.
- Situated in a high-demand submarket with strong economic and demographic trends.
Executive Summary
This fully leased office building at 3446 Park Blvd offers a rare investment opportunity in the heart of San Diego’s Uptown district. The property is positioned along a highly visible corridor that connects Hillcrest, North Park, and Balboa Park, providing strong connectivity to major employment centers and vibrant residential neighborhoods. Its location ensures consistent tenant demand, supported by proximity to downtown San Diego, major freeways including I-5 and I-8, and key transit routes.
The building’s occupancy provides immediate, stable cash flow for investors seeking a secure income stream. Surrounded by a mix of professional offices, retail, and dining establishments, the property benefits from a dynamic urban environment that continues to experience growth and redevelopment. With San Diego’s strong economic fundamentals and limited supply of comparable assets in this submarket, this property represents a compelling long-term hold with potential for future appreciation.
The building’s occupancy provides immediate, stable cash flow for investors seeking a secure income stream. Surrounded by a mix of professional offices, retail, and dining establishments, the property benefits from a dynamic urban environment that continues to experience growth and redevelopment. With San Diego’s strong economic fundamentals and limited supply of comparable assets in this submarket, this property represents a compelling long-term hold with potential for future appreciation.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,256 SF
Building Class
C
Year Built
1924
Price
$3,150,000
Price Per SF
$967.44
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,850 SF
Slab To Slab
8’
Building FAR
0.56
Lot Size
0.13 AC
Zoning
MR15, San Diego
Parking
11 Spaces (3.38 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 452-481-11 | Improvements Assessment | $419,938 |
| Land Assessment | $231,515 | Total Assessment | $651,453 |
Property Taxes
Parcel Number
452-481-11
Land Assessment
$231,515
Improvements Assessment
$419,938
Total Assessment
$651,453
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3446 Park Blvd
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