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4833 Santa Monica Ave - USPS | TROPHY COASTAL SAN DIEGO PROPERTY 6,368 SF Specialty Building Offered at $4,800,000 in San Diego, CA 92107
Investment Highlights
- 60+ Year Historical Occupancy and Recent Lease Extension Demonstrates a Strong Commitment to the Location.
- Nationwide Essential-Service Platform w/ Unmatched Scale and Reach - the United States Postal Service Serves Every U.S. Address.
- Asset w/ Significant Barriers to Entry - Ocean Beach Zoning Restrictions, Limited Developable Land, and Strict Coastal Regulations.
- Prime Ocean Beach Infill Location - Located in the Heart of Ocean Beach, One of San Diego’s Most Supply-constrained Coastal Submarkets.
- Strong Corporate Guaranty Backed by the United States Government - the Property benefits from a Corporate Guaranty from the U.S. Postal Service.
- Strong Local Population Growth and Demand Drivers - Densely Populated and Affluent San Diego Location.
Executive Summary
United States Postal Services | Strong Corporate Guaranty Backed by the U.S. Government: S&P Credit Rating of AA+ | Prime Coastal Location - Walking Distance from the Beach | Densely Populated and Affluent Area | Adjacent to Target | Minutes from US/Mexican Border - Busiest Land Border Crossing in World | Asset w/ Significant Barriers to Entry
Property Facts
| Price | $4,800,000 | Building Class | C |
| Price Per SF | $707.34 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 6,786 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Post Office | Year Built | 1961 |
| Zoning | CC-4-2 | ||
| Price | $4,800,000 |
| Price Per SF | $707.34 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 6,786 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Zoning | CC-4-2 |
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Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 448-301-14 | Improvements Assessment | $910,261 |
| Land Assessment | $2,560,115 | Total Assessment | $3,470,376 |
Property Taxes
Parcel Number
448-301-14
Land Assessment
$2,560,115
Improvements Assessment
$910,261
Total Assessment
$3,470,376
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4833 Santa Monica Ave - USPS | TROPHY COASTAL SAN DIEGO PROPERTY
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