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Columbia Court - 444 W C Street 9 Condos in San Diego, CA
Investment Highlights
- Prime Downtown Location: The property is located in the heart of San Diego's business district, adjacent to the Gaslamp Quarter and Little Italy.
- Majority Association Control: Purchasing these nine specific units secures a majority position within the building's Owners Association.
- Owner-User / Value-Add Potential: The inclusion of one vacant 613 SF unit (Suite 330) allows for optional rental income upside or immediate occupancy.
- Strong In-Place Income: The portfolio boasts an 88.9% occupancy rate, producing a total monthly income of $23,484.
- Unmatched Accessibility:The location is a "Walker's Paradise" with a Walk Score of 96. It is located merely steps away from Amtrak and Trolley Station
Executive Summary
This offering presents a rare boutique office condo investment opportunity located at 444 W C Street, in the heart of Downtown San Diego's Columbia District. The portfolio includes nine individual condo suites for sale, totaling ± 10,821 RSF within a character-rich, four-story brick building. The property is currently 88.9% occupied with eight leased units and one vacant unit (Suite 330), generating a total monthly income of $23,484. Situated directly across the street from the San Diego Central Courthouse, this location provides unmatched access for business professionals. Acquiring this portfolio grants the buyer a majority position in the Owners Association. The asking price is unlisted (inquire with broker), but it operates at an estimated 6% cap rate.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Cap Rate | 6% | Number of Properties | 9 |
| Sale Type | Investment | Individually For Sale | 2 |
| Status | Active | Total Building Size | 11,696 SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 2 |
| Total Building Size | 11,696 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Columbia Court
444 W C St, 3rd Floor - Unit 330, San Diego, CA 92101 |
Office Condo | 1,588 SF | 1984 | $695,000 |
|
Columbia Court
444 W C St, 2nd Floor - Unit 240, San Diego, CA 92101 |
Office Condo | 1,496 SF | 1984 | - |
|
Columbia Court
444 W C St, 2nd Floor - Unit 210, San Diego, CA 92101 |
Office Condo | 1,471 SF | 1984 | $695,000 |
|
Columbia Court
444 W C St, 3rd Floor - Unit 320, San Diego, CA 92101 |
Office Condo | 1,398 SF | 1984 | - |
|
Columbia Court
444 W C St, 4th Floor - Unit 420, San Diego, CA 92101 |
Office Condo | 1,137 SF | 1984 | - |
|
Columbia Court
444 W C St, 4th Floor - Unit Suite 402, San Diego, CA 92101 |
Office Condo | 1,109 SF | 1984 | - |
|
Columbia Court
444 W C St, 3rd Floor - Unit 340, San Diego, CA 92101 |
Office Condo | 975 SF | 1984 | - |
|
Columbia Court
444 W C St, 1st Floor - Unit 120, San Diego, CA 92101 |
Office Condo | 952 SF | 1984 | - |
|
Columbia Court
444 W C St, 1st Floor - Unit 170, San Diego, CA 92101 |
Retail Condo | 1,570 SF | 1984 | - |
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Columbia Court - 444 W C Street
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