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Professional Office Units
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4401-4403 Manchester Ave, Encinitas, CA 92024

Owner-user office space in an established professional campus with adjacent parking and nearby shopping, dining, and daily services.

Property Size960 SF
Price / SF$660
Days on Market50

Property Features for 4401-4403 Manchester Ave

General Information

Standard status Active
Size 960 SF
Property subtype OFFICE
Listing Agency: Urban Property Group (UPG)
Listed By: Amy McNamara · License #01083491
Source: Moodyscre
Added: Aug 19 Changed: Oct 1 Last Checked: Oct 5 at 7:19PM

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 Urban Property Group (UPG)

Investment Insights

Based on property information with market context.

This 960-square-foot office offering is located within Encinitas Professional Park, an established campus serving medical, legal, financial, and other professional service providers. The property is positioned for owner-user occupancy and includes complimentary parking immediately adjacent to the office for owners, employees, patients, and clients.

The campus sits near the signalized intersection of Encinitas Boulevard and Manchester Avenue, across from Rancho Santa Fe Plaza. El Camino Real is minutes away, supporting north-south travel through North County. Downtown Encinitas and approximately six miles of Pacific coastline are also within a short drive, while nearby Rancho Santa Fe and Olivenhain add to the surrounding coastal community context.

Key Highlights

  • 960 SF office property within Encinitas Professional Park
  • Owner‑user office opportunity in an established professional campus
  • Complimentary parking adjacent to the office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,213
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,260 $444.3K
Cap Rate 7%
$317,329 $317.3K
Cap Rate 9%
$246,811 $246.8K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$34.6K $36.00/SF
− Vacancy
−$4.9K −$5.15/SF
EGI
$29.6K $30.85/SF
− OpEx
−$7.4K −$7.71/SF
NOI
$22.2K $23.14/SF
Area
San Diego County, CA
Vacancy
14.30%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,260
Cap Rate 7%
$317,329
Cap Rate 9%
$246,811

Alternative Uses

Best Use
Office B
$317.3K
$277.7K – $370.2K (±1% cap)
NOI $22,213 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$439.8K
$384.9K – $513.2K (±1% cap)
NOI $30,789 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Hair Salon Nail Salon Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

Demographics for 92024, CA

51,190
Population
21,566
Households
2.4
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
2,844
Density / Sq Mi
$149,080
Median Household Income
$70,949
Median Earnings
$2,643
Median Rent
$1,409,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Owner-user office space in an established professional campus with adjacent parking and nearby shopping, dining, and daily services.
Where is this office units located?
The property is located at 4401-4403 Manchester Ave Encinitas, CA.
What is the asking price?
The asking price for this property is $633,600.
What are key features of this property?
This property features: 960 SF office property within Encinitas Professional Park; Owner‑user office opportunity in an established professional campus; Complimentary parking adjacent to the office
(760) 889-2127 Call to check price and availability
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