Penthouse Office
New
For Sale
$3,875,000
1350 Columbia St, San Diego, CA 92101
The ninth-floor workspace includes collaborative seating, a glass-enclosed conference room, phone pods, and a hospitality bar.
Property Size6,678 SF
Price / SF$580.26
Days on Market2
Property Features for 1350 Columbia St
General Information
Standard status
Active
Size
6,678 SF
Total Parking Spaces
7
Elevators
Yes
Space & Availability
Floor
9
Furnished
Yes
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
stylish lobby with digital directory
bike storage
Listing Agency:
Fantastik Realty
(858) 397-3108
Listed By:
Robert Brown
Source:
Patfullerrealty
Added: Oct 16
Last Checked: Oct 16 at 2:36PM
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 Fantastik Realty
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Investment Insights
Based on property information with market context.
Located on the ninth floor of Metrowork Condo, this approximately 6,678-square-foot office combines three legally separate condos into a single workspace. Its layout includes an open collaborative area, a glass-walled conference room, two phone pods, a lounge, a hospitality bar with sink, dishwasher and beverage refrigerator, a server and storage room, and an in-suite restroom. Polished concrete floors, 12-foot ceilings, exposed steel and ductwork, and windows on three sides define the interior. Building systems include CAT-6, fiber service, ceiling-mounted speakers, smart HVAC, and security cameras. Furniture, fixtures, and equipment are negotiable.
The property conveys with seven deeded gated parking spaces and bike storage. Nearby guest parking garages, Waterfront Park, Amtrak and trolley service, and Little Italy dining are noted in the surrounding area. The location also offers access to I-5 and the airport. The HOA covers water, trash, and janitorial service for common areas; the building has a lobby with a digital directory and recent systems upgrades.
The property conveys with seven deeded gated parking spaces and bike storage. Nearby guest parking garages, Waterfront Park, Amtrak and trolley service, and Little Italy dining are noted in the surrounding area. The location also offers access to I-5 and the airport. The HOA covers water, trash, and janitorial service for common areas; the building has a lobby with a digital directory and recent systems upgrades.
Key Highlights
- Approx. 6678 sf on the ninth floor, formed by combining 3 condos
- Seven deeded, gated parking spaces convey; bike storage is also included
- Three‑sided window exposure, 12' ceilings, polished concrete floors, and exposed steel and ductwork
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,919
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,578,380
$2.6M
Cap Rate 7%
$1,841,700
$1.8M
Cap Rate 9%
$1,432,433
$1.4M
Market Conditions
NOI Build-Up for 6,678 SF
Gross rent
$200.3K $30.00/SF
− Vacancy
−$28.4K −$4.26/SF
EGI
$171.9K $25.74/SF
− OpEx
−$43.0K −$6.44/SF
NOI
$128.9K $19.31/SF
Area
San Diego, CA
Vacancy
14.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,578,380
Cap Rate 7%
$1,841,700
Cap Rate 9%
$1,432,433
Alternative Uses
Best Use
Office B
$1.84M
$1.61M – $2.15M
NOI $128,919 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.64M
$2.31M – $3.08M
NOI $184,633 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
10,862
Businesses Nearby
Explore this area
Business Placement
Demographics for 92101, CA
47,505
Population
32,909
Households
1.4
Avg Household Size
39
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
8,797
Density / Sq Mi
$90,477
Median Household Income
$72,371
Median Earnings
$2,351
Median Rent
$740,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Diego, CA
Frequently Asked Questions
What type of property is this?
Office units - The ninth-floor workspace includes collaborative seating, a glass-enclosed conference room, phone pods, and a hospitality bar.
Where is this office units located?
The property is located at 1350 Columbia St San Diego, CA.
What is the asking price?
The asking price for this property is $3,875,000.
What are key features of this property?
This property features: Approx. 6678 sf on the ninth floor, formed by combining 3 condos; Seven deeded, gated parking spaces convey; bike storage is also included; Three‑sided window exposure, 12' ceilings, polished concrete floors, and exposed steel and ductwork
