Office Building with
3569 Fifth Avenue, San Diego, CA 92103
For Sale
$5,550,000
The property is expected to be vacant at delivery and contains five restrooms.
Property Size10,870 SF
Lot Size0.11 Acres
Price / SF$510.58
Days on Market42
Property Features for 3569 Fifth Avenue
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Property Use
Amenities
kitchen
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Berkshire Hathaway HomeServices California Properties
(619) 294-3113
Listed By:
Gregory Scafidi · License #00962216
(619) 808-1314
Source:
Truelocalrealty
Added: Sep 28
Changed: Nov 7
Last Checked: Nov 7 at 9:11AM
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 Berkshire Hathaway HomeServices California Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 3569 Fifth Avenue, this 10,870-square-foot office building sits on a 4,988-square-foot lot. Interior features include a kitchen and five restrooms, with off-street parking located beneath and behind the structure. The property is expected to be delivered vacant. Commercial zoning is listed, and the floor-area ratio is 8.0 according to the City of San Diego zoning website.
The building is in Hillcrest, near Balboa Park, Morley Field, the San Diego Zoo, Mission Valley, museums, restaurants, boutiques, and freeways. San Diego Airport, Mission Bay, and downtown are described as a short drive away. Any proposed use or development would require independent due diligence.
The building is in Hillcrest, near Balboa Park, Morley Field, the San Diego Zoo, Mission Valley, museums, restaurants, boutiques, and freeways. San Diego Airport, Mission Bay, and downtown are described as a short drive away. Any proposed use or development would require independent due diligence.
Key Highlights
- 10,870‑square‑foot office building on a 4,988‑square‑foot lot
- Kitchen and five restrooms
- Off‑street parking beneath and behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$209,845
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,196,900
$4.2M
Cap Rate 7%
$2,997,786
$3.0M
Cap Rate 9%
$2,331,611
$2.3M
Market Conditions
NOI Build-Up for 10,870 SF
Gross rent
$326.1K $30.00/SF
− Vacancy
−$46.3K −$4.26/SF
EGI
$279.8K $25.74/SF
− OpEx
−$69.9K −$6.44/SF
NOI
$209.8K $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%
$4,196,900
Cap Rate 7%
$2,997,786
Cap Rate 9%
$2,331,611
Alternative Uses
Best Use
Office B
$3.00M
$2.62M – $3.50M
NOI $209,845 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.29M
$3.76M – $5.01M
NOI $300,534 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,737
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in San Diego
Vacancy Rate% for Office in San Diego, CA
Frequently Asked Questions
What type of property is this?
Office building - The property is expected to be vacant at delivery and contains five restrooms.
Where is this office building located?
The property is located at 3569 Fifth Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $5,550,000.
What are key features of this property?
This property features: 10,870‑square‑foot office building on a 4,988‑square‑foot lot; Kitchen and five restrooms; Off‑street parking beneath and behind the building
