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Single-Tenant Office Building
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1750 6th Ave, San Diego, CA 92101

Owner-user office building offered for sale in San Diego, with a stated highest-and-best-use as multifamily development.

Property Size2,150 SF
Price / SF$602.33
Days on Market419

Property Features for 1750 6th Ave

General Information

Standard status Active
Size 2,150 SF
Property subtype OFFICE

Building Details

Tenancy Single
Listing Agency: Strom Commercial
Listed By: Jack Schreibman · License #02172891
Source: Moodyscre
Added: Jul 25, 2025 Changed: Sep 15 Last Checked: Sep 15 at 4:17AM

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 Strom Commercial

Investment Insights

Based on property information with market context.

This single-tenant, owner-user office building is offered for sale with the current configuration supporting an office use. The property is presented with a stated highest and best use as multifamily development, subject to buyer verification.

The building is located at 1750 6th Ave in San Diego, California. The seller notes that buyers should independently verify the maximum number of units, parking requirements, and zoning restrictions before proceeding.

For more information and to review sale details, please contact the listing brokers.

Key Highlights

  • Single‑tenant owner‑user office building offered for sale in San Diego
  • Stated highest‑and‑best use is multi‑family development
  • Buyer to independently verify maximum number of units, parking, and zoning restrictions

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,506
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.21%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$830,120 $830.1K
Cap Rate 7%
$592,943 $592.9K
Cap Rate 9%
$461,178 $461.2K
Market Conditions
NOI Build-Up for 2,150 SF 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.
Gross rent
$64.5K $30.00/SF
− Vacancy
−$9.2K −$4.26/SF
EGI
$55.3K $25.74/SF
− OpEx
−$13.8K −$6.44/SF
NOI
$41.5K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$830,120
Cap Rate 7%
$592,943
Cap Rate 9%
$461,178

Alternative Uses

Best Use
Office B
$592.9K
$518.8K – $691.8K (±1% cap)
NOI $41,506 @ 7.0% cap · market cap 3.21%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$849.2K
$743.0K – $990.7K (±1% cap)
NOI $59,443 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

The Zb Savoy Department Store Lucky's Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Butcher Veterinary Clinic Pet Grooming Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

10,875
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Office in San Diego, CA

12% 2019
15.6% 2020
14% 2021
13.3% 2022
14.5% 2023
14.6% 2024
14.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Owner-user office building offered for sale in San Diego, with a stated highest-and-best-use as multifamily development.
Where is this office building located?
The property is located at 1750 6th Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Single‑tenant owner‑user office building offered for sale in San Diego; Stated highest‑and‑best use is multi‑family development; Buyer to independently verify maximum number of units, parking, and zoning restrictions
(858) 361-5942 Call to check price and availability
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