New Retail Condominiums in San
4473 30th St Unit 103 San Diego, CA 92116
For Sale
$679,000
New construction commercial retail condominiums in San Diego's premier urban district.
Property Size1,233 SF
Price / SF$550.69
Days on Market97
Property Features for 4473 30th St Unit 103
General Information
Standard status
Active
Size
1,233 SF
Property subtype
Commercial
Building Details
Year Built
2024
Listing Agency:
Mehran Saberi Real Estate Bkr
(619) 200-7775
Listed By:
Mehran Saberi · License #01151675
(619) 200-7775
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 2:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mehran Saberi Real Estate Bkr
Investment Insights
Based on property information with market context.
Three newly built commercial retail condominium units are available for sale, ranging from approximately 679 to 1,233 square feet. Located within the Rendezvous Condominium Community, which includes 35 newly constructed homes and townhomes, these ground-level spaces offer built-in visibility and an immediate residential customer base. Each unit qualifies for live/work consideration, and select units are contiguous, allowing for a combined footprint of approximately 1,442 square feet. One unit offers 679 square feet, with an adjacent 763-square-foot unit available. All commercial spaces include two dedicated parking spaces in a secure, gated garage. The location is positioned blocks from the 805 freeway and near Adams Avenue, El Cajon Boulevard, and University Avenue, offering commuter access and proximity to public transit. Expansive storefront windows face 30th Street, maximizing exposure and foot traffic. The location has a walk score of 93, a bike score of 81, and a transit score of 50.
Key Highlights
- New construction commercial retail condominiums in San Diego's premier urban district.
- Rare ground‑level spaces with built‑in visibility and immediate residential customer base (Rendezvous Condominium Community).
- Excellent location: Blocks from the 805 freeway and near Adams Avenue, El Cajon Boulevard, and University Avenue.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.4k | $36.00 |
| − Vacancy | −$1.9k | −$1.52 |
| EGI | $42.5k | $34.48 |
| − OpEx | −$12.8k | −$10.35 |
| NOI | $29.8k | $24.14 |
1,233 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$425.2K
$372.0K – $496.1K
NOI $29,763 @ 7.0% cap · market cap 4.38%
Second Best
Mixed Use
$340.3K
$297.8K – $397.0K
NOI $23,822 @ 7.0% cap · market cap 3.51%
Theoretical Best
Specialty Retail
$487.0K
$426.1K – $568.2K
NOI $34,090 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - New construction commercial retail condominiums in San Diego's premier urban district.
Where is this retail space located?
The property is located at 4473 30th St Unit 103 San Diego, CA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: New construction commercial retail condominiums in San Diego's premier urban district.; Rare ground‑level spaces with **built‑in visibility** and immediate residential customer base (Rendezvous Condominium Community).; Excellent location: Blocks from the 805 freeway and near Adams Avenue, El Cajon Boulevard, and University Avenue.
