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Ocean Beach Commercial Building For Sale 4870 Santa Monica Ave 4,802 SF 100% Leased Office Building San Diego, CA 92107 For Sale
INVESTMENT HIGHLIGHTS
- Building Size 4,802 //// Lot Size: 7,000 SF
- All Lease Agreements on Month to Month
- First Time on the Market in Decades
- Potential to Develop ADUs //// Alley Accessible
- Excellent Owner-User or Investor Opportunity
- Convert the Upstairs Office into Residential Units
EXECUTIVE SUMMARY
The Franco Realty Group is proud to exclusively present for sale the retail and office building located at 4870 Santa Monica Avenue in Ocean Beach. This 4,802 sqft commercial building sits on a 7,000 sqft lot with about 15 onsite parking spaces. There is so much land in the back of this property that a developer has the opportunity to develop a couple of ADUs. The property is zoned cc-4-2, which means, a new owner can convert the upstairs office space into residential units and possibly add more residential units in the parking lot. The location is phenomenal! The OB Farmer's Market, pier, beach, Newport Avenue and more are all within walking distance.
This is a great opportunity for a business to purchase a retail or office building and operate their business out of this location. All of the leases are on month to month agreements. This is a great opportunity for someone to take advantage of SBA Financing with as little as 10% down payment.
The current landlord has kept the building in excellent condition with new travertine & wood flooring throughout. The HVAC, plumbing, roof, electrical and more are all in good condition.
This is a great opportunity for a business to purchase a retail or office building and operate their business out of this location. All of the leases are on month to month agreements. This is a great opportunity for someone to take advantage of SBA Financing with as little as 10% down payment.
The current landlord has kept the building in excellent condition with new travertine & wood flooring throughout. The HVAC, plumbing, roof, electrical and more are all in good condition.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,802 SF
Building Class
C
Year Built
1981
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,401 SF
Building FAR
0.69
Lot Size
0.16 AC
Zoning
CC-4-2 - Commercial
Parking
15 Spaces (3.12 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Air Conditioning
- Balcony
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Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 448-302-33 | Improvements Assessment | $262,693 |
| Land Assessment | $1,149,321 | Total Assessment | $1,412,014 |
PROPERTY TAXES
Parcel Number
448-302-33
Land Assessment
$1,149,321
Improvements Assessment
$262,693
Total Assessment
$1,412,014
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Ocean Beach Commercial Building For Sale | 4870 Santa Monica Ave
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