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4051 Voltaire - Voltaire Palms Plaza Entitled for Development 0.07 Acres of Commercial Land Offered at $10,000,000 in San Diego, CA 92107



Investment Highlights
- Current Income Property - 100% Occupancy
- Central Point Loma/Ocean Beach location
- Entitlement Approved for 39 units + retail + parking
Executive Summary
The Neighborhood Development Permit has been obtained and approved for this rare, coastal mixed-use redevelopment opportunity entitled for 39 residential units with 2,492 sqft of ground floor retail and underground parking. Centrally located along the Voltaire corridor in Point Loma/Ocean Beach- 1.5 miles to the sand, easy access on and off The Point & minutes to San Diego International Airport, Liberty Station, SeaWorld, Downtown, Old Town, Mission Bay, Little Italy and more.
Current income producing retail center at 100% occupancy- income listed in financial section + rent roll available upon request.
SUBMIT ALL OFFERS.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $10,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.07 AC |
| No. Lots | 1 | Cross Streets | 4026-34 Wabaska Drive |
| Property Type | Land | ||
| Zoning | C - Commercial | ||
| Price | $10,000,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.07 AC |
| Cross Streets | 4026-34 Wabaska Drive |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $10,000,000 | Lot Size | 0.07 AC |
| Price Per AC | $134,859,947.94 |
| Price | $10,000,000 |
| Price Per AC | $134,859,947.94 |
| Lot Size | 0.07 AC |
ENTITLEMENT APPROVED with the City of San Diego for this 32,362 sqft site, for the following: 39 apartment units (4 affordable) with 2 ground floor retail units totaling 2,491 sqft and underground parking.
Description
A rare, coastal mixed-use redevelopment opportunity entitled for 39 residential units with 2,492 sqft of ground floor retail and underground parking. Centrally located along the Voltaire corridor in Point Loma/Ocean Beach- less than 1.5 miles to the sand, easy access on and off The Point & minutes to San Diego International Airport, Liberty Station, SeaWorld, Downtown, Old Town, Mission Bay, Little Italy and more. Current income producing retail center at 100% occupancy. Rent roll and floor plans available upon request.
Presented by
4051 Voltaire - Voltaire Palms Plaza Entitled for Development
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