504–514 S Magnolia Ave presents a flexible investment or owner-user opportunity in the heart of East County. This ±5,520 SF medical office building is currently 67% leased to three tenants, leaving ample room for an investor to stabilize the remaining vacancy or for an owner-user to occupy 51% of the space and take advantage of SBA financing. Positioned on a ±0.39-acre lot within a designated Opportunity Zone, the property offers meaningful upside through lease-up, rent growth, or future redevelopment. With a healthy mix of in-place income and remaining vacancy, it delivers an ideal balance of immediate cash flow and long-term value creation.