Mixed-Use Building with Retail
New
For Sale
$2,600,000
3580 Adams Ave, San Diego, CA 92116
Residential Income, San Diego, CA
Property Size3,690 SF
Lot Size0.15 Acres
Price / SF$704.61
Days on Market1
Property Features for 3580 Adams Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 3, Bathroom 6
Parking
6
Directions
on Adams Ave between 35th and 36th street.
Subdivision
SAN DIEGO (92116)
Standard status
Active
APN
440-402-16-00
Size
3,690 SF
Lot size
0.15 Acres
Utilities
Cooling system
Wall/Window Unit(s)
Building Details
Floors in Building
2
Number of units
6
Flooring type
Slab
Roof type
Composition
Listing Agency:
Joe Carta Realty · Century 21 Real Estate
(619) 280-2888
Listed By:
Joe Carta · License #00744190
(619) 227-0949
Added: Oct 16
Last Checked: Oct 16 at 8:06PM
MLS# 260025110
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 3,690-square-foot mixed-use property combines five apartments with approximately 2,000 SF of commercial retail space, which includes a bathroom. The apartment mix comprises three one-bedroom, one-bath units, a studio, and a two-bedroom, one-bath unit; one apartment is owner-occupied.
The parcel measures 53' x 123' and has alley access. On-site parking accommodates five or more vehicles.
The parcel measures 53' x 123' and has alley access. On-site parking accommodates five or more vehicles.
Key Highlights
- Five apartments: three 1 Bed / 1 Bath units, one studio, and one 2 Bed / 1 Bath unit
- Approximately 2,000 SF of retail space with a bathroom
- 3,690 square feet of total property area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,073
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,781,460
$1.8M
Cap Rate 7%
$1,272,471
$1.3M
Cap Rate 9%
$989,700
$989.7K
Market Conditions
NOI Build-Up for 3,690 SF
Gross rent
$132.8K $36.00/SF
− Vacancy
−$5.6K −$1.52/SF
EGI
$127.2K $34.48/SF
− OpEx
−$38.2K −$10.35/SF
NOI
$89.1K $24.14/SF
Area
San Diego, CA
Vacancy
4.21%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,781,460
Cap Rate 7%
$1,272,471
Cap Rate 9%
$989,700
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.48M
NOI $89,073 @ 7.0% cap · market cap 3.43%
Second Best
Mixed Use
$1.02M
$891.1K – $1.19M
NOI $71,291 @ 7.0% cap · market cap 2.74%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,021 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,238
Businesses Nearby
Explore this area
Business Placement
Demographics for 92116, CA
31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space and five apartments share the property, with alley access and on-site parking.
Where is this mixed-use property located?
The property is located at 3580 Adams Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Five apartments: three 1 Bed / 1 Bath units, one studio, and one 2 Bed / 1 Bath unit; Approximately 2,000 SF of retail space with a bathroom; 3,690 square feet of total property area
