4741 Point Loma Ave - Storefront Retail/Residential FOR SALE


San Diego, CA 92107- Ocean Beach
$2,300,000 USD
858-598-3589
4741 Point Loma Ave, San Diego, CA for Sale
$2,300,000 USD
Storefront Retail/Residential - FOR SALE
1/83
null | 4.5% Cap Rate

4741 Point Loma Ave
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Mixed USE - Sunset Cliffs 92107 - PT loma AVE

OVERVIEW

LOI PENDING - Commercially zoned with heavy foot traffic; units can be utilized for retail/ office, residential, and mixed-use. Two level 4 bed/2 bath upstairs units in a standalone building, currently being used as residential units. Downstairs has office/ retail space with a full kitchen and a hybrid space in the back. The building is just 1/2 a block from the Sunset Cliffs beaches. Located within the Sunset Cliffs neighborhood or the Point Loma and Ocean Beach neighborhood. 858-598-3589 ? Coastal Mixed-Use Investment with In-Place Income & Value-Add Upside Offering Summary 4741 Point Loma Ave presents a rare opportunity to acquire a coastal mixed-use asset in the heart of Point Loma, just steps from Sunset Cliffs and surrounded by strong retail, residential, and tourism demand. The property is currently secured by a master lease generating $9,200/month gross income through July 2027, including a 5% rental increase, offering investors a stable and predictable cash flow stream from day one. In addition to in-place income, the asset provides significant upside through repositioning, re-tenanting, or owner-user conversion, making it ideal for investors, operators, or live/work buyers seeking flexibility in a high-demand coastal market. Investment Highlights ?In-Place Income: Master lease at $9,200/month gross ?Lease Term: Through July 2027 with 5% increase ?Value-Add Potential: Re-lease at market (NNN), reposition, or owner-user conversion ?Short-Term Rental Upside: Upstairs unit projected at $5,000–$6,000/month ?Flexible Exit Strategies: Maintain tenant, vacate at close, or restructure lease ?Modern Construction: Built in 2016 (reduced capex vs older inventory) ?Prime Coastal Location: Steps to Sunset Cliffs, walkable to retail/dining ?Strong Demographics: High-income coastal submarket Property Overview ?Address: 4741 Point Loma Ave, San Diego, CA ?Building Size: ±3,376 SF ?Configuration: Mixed-use (retail / office / residential / live-work) ?Parking: On-site + street ?Zoning: Commercial Mixed-Use (flexible applications) The property is currently configured with: ?Ground floor retail/office suites ?Additional flex/workspace ?Upstairs residential/live-work unit (vacation rental potential) Income & Upside Profile The existing master lease structure provides immediate passive income, while allowing for future repositioning strategies, including: ?Conversion to market-rate leases (NNN structure) ?Expansion of short-term rental income ?Reconfiguration for owner-user occupancy ?Full building repositioning to maximize rent per SF This dual structure offers investors a “covered land” play with near-term stability and long-term upside. Flexibility at Close The current tenant/operator (master lessee) is flexible and can: ?Remain in place (maintain income stream) ?Vacate at or prior to close ?Assist in leasing or repositioning strategy **Disclosure The listing agent is a principal in the transaction and holds a master lease and/or option to purchase interest in the property. The agent is offering for sale all or a portion of that interest and may realize a profit from the transaction. The agent is acting on their own behalf in this capacity. Pricing ?Asking Price: Contact Broker ?Guidance Range: CALL BROKER 858-598-3589 Opportunities to acquire coastal mixed-use assets with in-place income and flexible repositioning potential are limited. This offering provides a unique ability to secure current cash flow while unlocking additional value in a supply-constrained market. Superb location, quickly growing with new restaurants, coffee shops, fitness clubs and office buildings. Upper unit enjoys ocean views and a private deck. Both units are completed with granite counters, tile & hardwood floors. The zoning is CC-2-4. Parking on site. Perfect for owner, user, SBA loan, 2-4 residential financing, and / or expansion for your perfect work/live property. 858-598-3589 ? Coastal Mixed-Use Investment with In-Place Income & Value-Add Upside Offering Summary 4741 Point Loma Ave presents a rare opportunity to acquire a coastal mixed-use asset in the heart of Point Loma, just steps from Sunset Cliffs and surrounded by strong retail, residential, and tourism demand. The property is currently secured by a master lease generating $9,200/month gross income through July 2027, including a 5% rental increase, offering investors a stable and predictable cash flow stream from day one. In addition to in-place income, the asset provides significant upside through repositioning, re-tenanting, or owner-user conversion, making it ideal for investors, operators, or live/work buyers seeking flexibility in a high-demand coastal market. Investment Highlights ?In-Place Income: Master lease at $9,200/month gross ?Lease Term: Through July 2027 with 5% increase ?Value-Add Potential: Re-lease at market (NNN), reposition, or owner-user conversion ?Short-Term Rental Upside: Upstairs unit projected at $5,000–$6,000/month ?Flexible Exit Strategies: Maintain tenant, vacate at close, or restructure lease ?Modern Construction: Built in 2016 (reduced capex vs older inventory) ?Prime Coastal Location: Steps to Sunset Cliffs, walkable to retail/dining ?Strong Demographics: High-income coastal submarket Property Overview ?Address: 4741 Point Loma Ave, San Diego, CA ?Building Size: ±3,376 SF ?Configuration: Mixed-use (retail / office / residential / live-work) ?Parking: On-site + street ?Zoning: Commercial Mixed-Use (flexible applications) The property is currently configured with: ?Ground floor retail/office suites ?Additional flex/workspace ?Upstairs residential/live-work unit (vacation rental potential) Income & Upside Profile The existing master lease structure provides immediate passive income, while allowing for future repositioning strategies, including: ?Conversion to market-rate leases (NNN structure) ?Expansion of short-term rental income ?Reconfiguration for owner-user occupancy ?Full building repositioning to maximize rent per SF This dual structure offers investors a “covered land” play with near-term stability and long-term upside. Flexibility at Close The current tenant/operator (master lessee) is flexible and can: ?Remain in place (maintain income stream) ?Vacate at or prior to close ?Assist in leasing or repositioning strategy ?? Disclosure The listing agent is a principal in the transaction and holds a master lease and/or option to purchase interest in the property. The agent is offering for sale all or a portion of that interest and may realize a profit from the transaction. The agent is acting on their own behalf in this capacity. Pricing ?Asking Price: Contact Broker ?Guidance Range: CALL BROKER 858-598-3589 Opportunities to acquire coastal mixed-use assets with in-place income and flexible repositioning potential are limited. This offering provides a unique ability to secure current cash flow while unlocking additional value in a supply-constrained market.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$850 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CC-4-2, San Diego

APN/PARCEL ID

448-342-08

ASK ABOUT THIS PROPERTY

AJ GeorgeAJGCRE Inc- Resimercial Real EstateMore Info
858-598-3589

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AJ GeorgeAJGCRE Inc- Resimercial Real EstateMore Info
858-598-3589

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.