Search
Three-Property Mixed-Use Portfolio
For Sale
Contact for pricing
Pending

3818-3824 1/2 Ray Street, San Diego, CA 92103

Portfolio combines retail, apartment, and professional medical office space across three contiguous urban properties.

Property SizeContact for details
Lot Size0.34 Acres
Days on Market42

Property Features for 3818-3824 1/2 Ray Street

General Information

Standard status Pending
Lot size 0.34 Acres
Property subtype Retail, Multifamily, Office, Mixed Use

Additional Details

Corner Location Yes
Office Units 2

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Marcus & Millichap - Downtown San Diego
Listed By: Nick Totah · License #CA 01922255
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 10:10PM

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 - Downtown San Diego

Investment Insights

Based on property information with market context.

This mixed-use portfolio comprises three properties on contiguous lots totaling approximately 14,607 square feet. Building 1 includes four retail tenants and three second-story apartment units. Building 2 is occupied by one retail tenant, The Tap Room. Building 3 occupies a corner location at North Park Way and Ray Street and contains two retail tenants alongside two professional medical offices.

The properties are located at 3818-3824 1/2 Ray Street in San Diego’s North Park community. Ray Street hosts the monthly Ray At Night art walk, which features live music and work displayed through fifteen galleries and business venues. The North Park retail market has a reported 4.9% vacancy rate, with a five-year average vacancy of 3.8%. Across the portfolio, 44% of tenants do not have options to extend their leases.

Key Highlights

  • Three‑property portfolio on contiguous lots totaling approximately 14,607 square feet
  • Building 1 features four retail tenants and three second‑story apartment units
  • Building 3 includes two retail tenants and two professional medical offices

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Electrical Service Building Supply Carpet & Flooring Store HVAC Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,542
Businesses Nearby

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

12% 2019
15.6% 2020
14% 2021
13.3% 2022
14.5% 2023
14.6% 2024
14.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Portfolio combines retail, apartment, and professional medical office space across three contiguous urban properties.
Where is this mixed-use property located?
The property is located at 3818-3824 1/2 Ray Street San Diego, CA.
What are key features of this property?
This property features: Three‑property portfolio on contiguous lots totaling approximately 14,607 square feet; Building 1 features four retail tenants and three second‑story apartment units; Building 3 includes two retail tenants and two professional medical offices
(858) 373-3176 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message