Creative Office
For Sale
Contact for pricing
1431 Pacific Hwy, San Diego, CA 92101
Configured with an equipped kitchen, private restrooms, elevator access, and designated parking.
Property Size2,114 SF
Price / SF$567.64
Days on Market660
Property Features for 1431 Pacific Hwy
General Information
Standard status
Active
Size
2,114 SF
Total Parking Spaces
3
Elevators
Yes
Property subtype
OFFICE
Amenities
dedicated restrooms
full kitchen
Listing Agency:
QFC Real Estate
(619) 243-8454
Listed By:
Emmett Cahill · License #02033604
Source:
Moodyscre
Added: Dec 26, 2024
Changed: Oct 11
Last Checked: Oct 16 at 9:37AM
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 QFC Real Estate
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Investment Insights
Based on property information with market context.
This 2,114-square-foot creative office property at 1431 Pacific Hwy in San Diego offers an open interior with ceiling heights ranging from 12 to 14 feet. The unit includes two dedicated restrooms and a full kitchen equipped with a sink, stove, microwave, refrigerator, and dishwasher.
Elevator access serves the unit, and three designated parking spaces are included. The Pacific Hwy address places the property in San Diego, California, with the building’s existing configuration suited to office-oriented use.
Elevator access serves the unit, and three designated parking spaces are included. The Pacific Hwy address places the property in San Diego, California, with the building’s existing configuration suited to office-oriented use.
Key Highlights
- 2,114 square feet of creative office space
- Open ceiling heights ranging from 12′-14′
- Full kitchen with sink, stove, microwave, refrigerator, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,811
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,220
$816.2K
Cap Rate 7%
$583,014
$583.0K
Cap Rate 9%
$453,456
$453.5K
Market Conditions
NOI Build-Up for 2,114 SF
Gross rent
$63.4K $30.00/SF
− Vacancy
−$9.0K −$4.26/SF
EGI
$54.4K $25.74/SF
− OpEx
−$13.6K −$6.44/SF
NOI
$40.8K $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%
$816,220
Cap Rate 7%
$583,014
Cap Rate 9%
$453,456
Alternative Uses
Best Use
Office B
$583.0K
$510.1K – $680.2K
NOI $40,811 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$835.0K
$730.6K – $974.1K
NOI $58,448 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,456
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
Check the figures for this property
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?
Creative space - Configured with an equipped kitchen, private restrooms, elevator access, and designated parking.
Where is this creative space located?
The property is located at 1431 Pacific Hwy San Diego, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,114 square feet of creative office space; Open ceiling heights ranging from 12′-14′; Full kitchen with sink, stove, microwave, refrigerator, and dishwasher
