Mixed-Use Office and Retail
2445 Fifth Ave San Diego, CA 92101
2445 Fifth Ave, San Diego, CA, 92101
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For Sale
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Multi-tenant office over ground-floor retail, currently 91.74% leased.
Property Size42,363 SF
Days on Market91
Property Features for 2445 Fifth Ave
General Information
- Standard status
- Active
- Size
- 42,363 SF
- Property subtype
- Mixed Use, Office, Retail
Listing agency
Marcus & Millichap - San Diego
Listed by
Ricky Partida · License #02027870
Source
Crexi
Added: Apr 24 Updated: Jul 22 at 8:29PM Checked: Jul 22 at 8:29PM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
The Laurel at Balboa is a mixed-use building featuring 34,916 square feet of rentable multi-tenant office space across three floors and 6,500 square feet of ground-floor retail within 42,363 square feet of gross building area. The property is currently 91.74% leased. Select suites include private balconies with views of Downtown San Diego and Balboa Park.
The ground floor is anchored by CUCINA Urbana, a flagship restaurant by the Urban Kitchen Group, which has operated at the location since 2005. The restaurant recently exercised a 5-year renewal.
Preliminary renderings propose converting the office space into 39 luxury apartment units, creating a potential repositioning path for an owner who wants to combine income generation with future redevelopment.
The ground floor is anchored by CUCINA Urbana, a flagship restaurant by the Urban Kitchen Group, which has operated at the location since 2005. The restaurant recently exercised a 5-year renewal.
Preliminary renderings propose converting the office space into 39 luxury apartment units, creating a potential repositioning path for an owner who wants to combine income generation with future redevelopment.
Key Highlights
- 42,363 SF gross building area with 34,916 SF rentable multi‑tenant office across three floors and 6,500 SF ground‑floor retail
- 91.74% leased/occupied, providing immediate income with upside through lease‑up and rent growth
- Ground‑floor retail is anchored by CUCINA Urbana, operating at the location since 2005 and recently renewing for 5 years
Property Analytics
Location Intelligence
Current Use by Public Records
Cotugno Law Offices
Law Firm
Lightner Family Law
Law Firm
The Sullivan Defense, APC
Law Firm
Marketing Design Group
Advertising Agency
Avenir Thinking
Advertising Agency
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FAQs
What type of property is this?
Office building - Multi-tenant office over ground-floor retail, currently 91.74% leased.
Where is this office building located?
The property is located at 2445 Fifth Ave San Diego, CA.
What are key features of this property?
This property features: 42,363 SF gross building area with 34,916 SF rentable multi‑tenant office across three floors and 6,500 SF ground‑floor retail; 91.74% leased/occupied, providing immediate income with upside through lease‑up and rent growth; Ground‑floor retail is anchored by CUCINA Urbana, operating at the location since 2005 and recently renewing for 5 years
