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4741 Point Loma Ave 3,376 SF Vacant Retail Building San Diego, CA 92107 $2,295,000 ($679.80/SF) 5.39% Cap Rate
Investment Highlights
- Built in 2016, making it the newest asset within the referenced comparable set.
- Located approximately half a block from Sunset Cliffs and the coastline.
- Street visibility along Point Loma Avenue supports commercial exposure.
- Mixed-use configuration includes retail, flex, and residential components.
- CC-2-4 zoning permits retail, office, residential, and mixed-use uses.
- Opportunity for owner-user occupancy, investment ownership, or both.
Executive Summary
4741 Point Loma Avenue presents the opportunity to acquire a newer-generation mixed-use asset in San Diego’s Ocean Beach and Point Loma submarket. Built in 2016, the property consists of three distinct components under one roof, including a ground-floor storefront retail suite, a rear flex space, and an upper-level residential unit. The configuration allows an owner-user, investor, or SBA buyer to occupy a portion of the property while generating income from the remaining spaces, creating flexibility for a variety of ownership strategies.
The property benefits from CC-2-4 zoning, which permits a range of retail, office, residential, and mixed-use uses. Interior improvements include granite countertops, tile and hardwood flooring, ADA-compliant features, and a flexible layout suited to changing occupancy needs. The residential component includes four bedrooms, two bathrooms, ocean views, and a private deck, while the commercial suites provide street-facing exposure and flexible operational space.
Positioned approximately half a block from Sunset Cliffs, the property is located within one of San Diego’s most established coastal neighborhoods. The surrounding area features a walkable mix of restaurants, coffee shops, fitness studios, neighborhood services, and residential housing that support consistent pedestrian activity and local demand. Visibility along Point Loma Avenue, combined with proximity to the coastline and neighborhood amenities, enhances the property's appeal to both occupants and investors seeking a coastal mixed-use investment.
The offering is priced at $2,295,000 and is supported by multiple income streams within a single asset, providing flexibility for owner occupancy, investment income, or a hybrid ownership approach.
The property benefits from CC-2-4 zoning, which permits a range of retail, office, residential, and mixed-use uses. Interior improvements include granite countertops, tile and hardwood flooring, ADA-compliant features, and a flexible layout suited to changing occupancy needs. The residential component includes four bedrooms, two bathrooms, ocean views, and a private deck, while the commercial suites provide street-facing exposure and flexible operational space.
Positioned approximately half a block from Sunset Cliffs, the property is located within one of San Diego’s most established coastal neighborhoods. The surrounding area features a walkable mix of restaurants, coffee shops, fitness studios, neighborhood services, and residential housing that support consistent pedestrian activity and local demand. Visibility along Point Loma Avenue, combined with proximity to the coastline and neighborhood amenities, enhances the property's appeal to both occupants and investors seeking a coastal mixed-use investment.
The offering is priced at $2,295,000 and is supported by multiple income streams within a single asset, providing flexibility for owner occupancy, investment income, or a hybrid ownership approach.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,376 SF
Building Class
C
Year Built
2016
Price
$2,295,000
Price Per SF
$679.80
Cap Rate
5.39%
NOI
$123,701
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.07 AC
Zoning
CC-4-2, San Diego - CC-4-2
Parking
2 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
25’ on Point Loma Ave
Amenities
- Bus Line
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Street-facing storefront space featuring direct customer access and signage exposure. The layout supports retail, salon, studio, café, or professional office users seeking visibility and walk-in traffic.
Open flex layout with a roll-up door, kitchenette, recessed lighting, and finished concrete floors. The configuration supports creative operations, wellness concepts, administrative functions, or fulfillment-oriented users.
| Space | Size | Space Use | Position | Available |
| 101 | 837 SF | Retail | - | Now |
| 102 | 750 SF | Flex | - | Now |
101
| Size |
| 837 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
102
| Size |
| 750 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
101
| Size | 837 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Street-facing storefront space featuring direct customer access and signage exposure. The layout supports retail, salon, studio, café, or professional office users seeking visibility and walk-in traffic.
102
| Size | 750 SF |
| Space Use | Flex |
| Position | - |
| Available | Now |
Open flex layout with a roll-up door, kitchenette, recessed lighting, and finished concrete floors. The configuration supports creative operations, wellness concepts, administrative functions, or fulfillment-oriented users.
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 448-342-08 | Improvements Assessment | $544,349 |
| Land Assessment | $261,354 | Total Assessment | $805,703 |
Property Taxes
Parcel Number
448-342-08
Land Assessment
$261,354
Improvements Assessment
$544,349
Total Assessment
$805,703
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4741 Point Loma Ave