Pacific Coast Commercial is pleased to present this Rare Value Add Mixed-Use Investment located in central San Diego and the heart of San Diego’s most vibrant community, North Park.
Northeast of downtown and bordering Hillcrest, Normal Heights, and University Heights, discover how the North Park community caters to a local and tourist crowd with the streets lined with coffee shops, boutiques, art galleries, diverse restaurants, craft beer pubs, and more!
PROPERTY FEATURES:
ADDRESS:
3074-3080 University Avenue, San Diego, CA 92104
LISTING PRICE:
$3,950,000 ($396/SF)
CAP RATE:
5.63% (Proforma)
BUILDING SIZE:
± 9,971 Sq. Ft. (Per Title)
LOT SIZE:
± 6,089 Sq. Ft.
APN:
446-414-12-00
FIRST FLOOR:
3 Retail Suites + Garage
SECOND FLOOR:
7 Residential + Roof Patio & Laundry
ZONING:
CC-3-9 (1 DU: 400 Sq. Ft.) (Link)
Current FAR = 3.0
COMPLETE COMMUNITIES:
Tier 3 - Potential 6.5 FAR (Link)
PROPERTY HIGLIGHTS:
High Upside - Immediate & Long Term
Ability to Immediately Increase Rent to Market
Convert Garage to Retail
“Mark to Market” Dental Suite
“A” Location in the Heart of North Park
61’ Frontage on University Avenue (21,766 VPD)
Walk Score of 99
1 Block away from Iconic “30th & University” Intersection
Easy Access to I-805 and Hwy 163 Via University Avenue
Surrounded by Numerous Amenities & Restaurants
489 Businesses Within a 5 Minute Walk
Contact Pacific Coast Commercial (619) 469-3600
TOMMAS GOLIA
Associate Vice President
Direct 858 598 2891
Tommas@PacificCoastcommercial.com
Lic. 01890744
COLTON SPEAS
Sales & Leasing Associate
Direct 858 598 2873
Colton@PacificCoastCommercial.com
Lic. 02062812
ANTHONY GOROS
Sales & Leasing Associate
Direct 630 247 5887
Anthony@PacificCoastCommercial.com
Lic. 02098424
10721 Treena Street, Suite 200, San Diego, CA 92131
Lic. 01209930
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it.. All information including zoning and use should be verified prior to purchase or lease.
