619-940-4811
, San Diego, CA for Sale
Office - FOR SALE
1/1
null | 6% Cap Rate

Columbia Court - 444 W C Street
San Diego, CA
Columbia


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.
  • Strong In-Place Income: The portfolio boasts an 88.9% occupancy rate, producing a total monthly income of $23,484.
  • Majority Association Control: Purchasing these nine specific units secures a majority position within the building's Owners Association.
  • 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
  • Owner-User / Value-Add Potential: The inclusion of one vacant 613 SF unit (Suite 330) allows for optional rental income upside or immediate occupancy.

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Hannah CheadlePacific Coast CommercialMore Info
619-940-4811

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Hannah CheadlePacific Coast CommercialMore Info
619-940-4811

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