Property summary
This exceptional Class A medical office building, Del Rio Plaza, presents a compelling investment or owner-user opportunity in San Diego's desirable Mission Valley submarket. Located at 3703 Camino Del Rio South, this two-story building boasts 22,595 square feet situated on a 0.93-acre lot. Built in 1989 and extensively renovated in 2017, the property features a multi-tenant configuration and offers ample parking (4 spaces per 1,000 sq ft). Recent improvements include a complete parking lot repaving and restripping, new landscaping, upgraded lighting and security cameras, refurbished elevator interiors, new signage and directories, a new entry driveway, and stamped concrete in common areas. The building is zoned MV-CO and benefits from a strong current NOI of $357,449, with a pro-forma NOI of $506,155. This presents a rare chance to acquire a well-maintained, high-performing asset in a thriving San Diego location. The asking price is $6,900,000. The property's excellent location and recent upgrades make it an attractive investment for both users and investors seeking a stable, high-return asset in a prime San Diego market.
Property profile
VerifiedCap rate & NOI
Current use
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Business Management Consultant
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Physician
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Insurance Agency
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · San Diego, CAZoning
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