Two-Story Office Courtyard
For Sale
Contact for pricing
3356-3368 2nd Ave, San Diego, CA 92103
Two office buildings include private gated courtyard, multiple lobbies, and QuietRock soundproofing throughout.
Property Size6,844 SF
Price / SF$555.23
Days on Market142
Property Features for 3356-3368 2nd Ave
General Information
Standard status
Active
Size
6,844 SF
Property subtype
OFFICE
Additional Details
Fenced Yard
Yes
Office Units
22
Amenities
private gated courtyard
porch with electronic controlled access
Listing Agency:
Commercial Asset Advisors
(858) 360-3000
Listed By:
Brian Jenkins · License #CA01814828
(619) 838-4575
Source:
Moodyscre
Added: Mar 11
Changed: Jul 25
Last Checked: Jul 25 at 7:11PM
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 Commercial Asset Advisors
Investment Insights
Based on property information with market context.
This offering includes two office buildings with a total of 22 private offices and five lobbies/waiting rooms. The premises feature QuietRock soundproofing throughout, designed to reduce noise transfer between spaces. A private, gated courtyard supports a controlled-access setting for tenants and visitors.
Access is provided via a porch with electronic controlled access. The property is being offered for sale.
The configuration combines multiple reception/waiting areas with a larger number of enclosed offices, making it suitable for organizations that want dedicated private workspaces alongside distinct entry and waiting zones.
Access is provided via a porch with electronic controlled access. The property is being offered for sale.
The configuration combines multiple reception/waiting areas with a larger number of enclosed offices, making it suitable for organizations that want dedicated private workspaces alongside distinct entry and waiting zones.
Key Highlights
- Two office buildings for sale with 22 private offices
- 5 lobbies/waiting rooms across the buildings
- Private, gated courtyard
Financial Insights For Office B
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 | $205.3k | $30.00 |
| − Vacancy | −$29.2k | −$4.26 |
| EGI | $176.2k | $25.74 |
| − OpEx | −$44.0k | −$6.44 |
| NOI | $132.1k | $19.31 |
6,844 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.89M
$1.65M – $2.20M
NOI $132,123 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.70M
$2.37M – $3.15M
NOI $189,223 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
22
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
3,116
Businesses Nearby
Explore this area
Business Placement
Demographics for 92103, CA
33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value
Market
Vacancy Rate% for Office in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two office buildings include private gated courtyard, multiple lobbies, and QuietRock soundproofing throughout.
Where is this office building located?
The property is located at 3356-3368 2nd Ave San Diego, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Two office buildings for sale with 22 private offices; 5 lobbies/waiting rooms across the buildings; Private, gated courtyard
