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Mixed-Use Property with Office Space
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3969 1st Ave, San Diego, CA 92103

Two-story commercial building combines leased retail with vacant office space and elevator access in San Diego’s Hillcrest area.

Property Size9,500 SF
Lot Size0.25 Acres
Days on Market146

Property Features for 3969 1st Ave

General Information

Standard status Active
Size 9,500 SF
Net Rentable 9,500 SF
Elevators Yes
Lot size 0.25 Acres
Property subtype Office, Retail
Occupancy 48%

Additional Details

Road Access Yes
Office Units 1

Amenities

private offices
dedicated restrooms
kitchen
conference room
reception desk

Building Details

Year Built 1967
Year Renovated 2009
Buildings 1
Stories 2
Construction wood frame
Tenancy Multi
Owner Occupied No
Listing Agency: Marcus & Millichap - Downtown San Diego
Listed By: Nick Totah · License #CA 01922255
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 11:29AM

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.

Located at 3969 1st Ave in San Diego, this two-story mixed-use property contains 9,500 square feet of rentable building area on 10,794 square feet of land. Built in 1967 with wood-frame construction and renovated in 2009, the property has frontage along 1st Avenue and Washington Street. The ground floor includes 4,500 square feet occupied by Karma Spa, while the 5,000-square-foot second floor is vacant.

The upper level is zoned for office, medical, and retail uses and includes seven private offices, dedicated restrooms, a kitchen, conference room, reception desk, and elevator service. The property is currently 48% leased. It is within walking distance of Balboa Park, the San Diego Zoo, and dining and entertainment in urban San Diego, with access to Downtown San Diego, Mission Hills, North Park, and San Diego International Airport.

Key Highlights

  • 9,500 square feet of rentable building area on 10,794 square feet of land
  • Two‑story mixed‑use property built in 1967 and renovated in 2009
  • 4,500 SF ground‑floor retail space occupied by Karma Spa

Property Analytics

Current Use

Active Lifestyle Aesthetics Spa & Massage Center Karma Relaxation Spa Alternative Medicine Practice

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store HVAC Service Mobile Phone Store Electrical Service

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

1
Office units
48%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6,651
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial building combines leased retail with vacant office space and elevator access in San Diego’s Hillcrest area.
Where is this mixed-use property located?
The property is located at 3969 1st Ave San Diego, CA.
What are key features of this property?
This property features: 9,500 square feet of rentable building area on 10,794 square feet of land; Two‑story mixed‑use property built in 1967 and renovated in 2009; 4,500 SF ground‑floor retail space occupied by Karma Spa
More about this property
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