Mixed-Use Property with
New
For Sale
$2,295,000
4741 Point Loma Avenue, San Diego, CA 92107
Three-part configuration combines commercial suites with a two-level upper residence.
Property Size3,465 SF
Price / SF$679.80
Days on Market2
Property Features for 4741 Point Loma Avenue
General Information
Standard status
Active
Size
3,465 SF
Class
A
Property subtype
Other
Zoning
CC-2-4
Amenities
on-site parking
private deck
Building Details
Building Size
3,465 SF
Year Built
2025
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
AJGCRE
Listed By:
AJ George · License #01353648
(858) 598-3589
Source:
Commercialcafe
Added: Sep 1
Last Checked: Sep 1 at 2:46PM
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 AJGCRE
Investment Insights
Based on property information with market context.
Located at 4741 Point Loma Avenue, this 3,376 SF mixed-use property was built in 2016 and brings multiple functions together within one building. The layout includes a street-oriented retail or office suite, a rear flex/studio area, and an upper residential component with two levels, four bedrooms, two bathrooms, ocean views, and a private deck. Granite counters, tile and hardwood flooring, full kitchen build-outs, ADA compliance, and dedicated on-site parking are also noted.
The property carries CC-2-4 zoning, with retail, office, residential, and mixed-use uses identified in the listing. Its San Diego location is described as half a block from Sunset Cliffs and within the Ocean Beach/Point Loma area, along a walkable corridor with foot traffic and street visibility.
The property carries CC-2-4 zoning, with retail, office, residential, and mixed-use uses identified in the listing. Its San Diego location is described as half a block from Sunset Cliffs and within the Ocean Beach/Point Loma area, along a walkable corridor with foot traffic and street visibility.
Key Highlights
- 3,376 SF mixed‑use property built in 2016
- Street‑facing retail/storefront office suite plus rear flex/studio space
- Two‑level upper residence with 4 bedrooms and 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,494
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,629,880
$1.6M
Cap Rate 7%
$1,164,200
$1.2M
Cap Rate 9%
$905,489
$905.5K
Market Conditions
NOI Build-Up for 3,376 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$121.5K $36.00/SF
− Vacancy
−$5.1K −$1.52/SF
EGI
$116.4K $34.48/SF
− OpEx
−$34.9K −$10.35/SF
NOI
$81.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,629,880
Cap Rate 7%
$1,164,200
Cap Rate 9%
$905,489
Alternative Uses
Best Use
Retail
$1.16M
$1.02M – $1.36M
NOI $81,494 @ 7.0% cap · market cap 3.55%
Second Best
Mixed Use
$931.8K
$815.3K – $1.09M
NOI $65,224 @ 7.0% cap · market cap 2.84%
Theoretical Best
Specialty Retail
$1.33M
$1.17M – $1.56M
NOI $93,340 @ 7.0% cap · market cap 4.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 92107, CA
28,684
Population
14,658
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,561
Density / Sq Mi
$107,262
Median Household Income
$61,936
Median Earnings
$2,208
Median Rent
$1,218,200
Median Home Value
Market
Vacancy Rate% for Office in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-part configuration combines commercial suites with a two-level upper residence.
Where is this mixed-use property located?
The property is located at 4741 Point Loma Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 3,376 SF mixed‑use property built in 2016; Street‑facing retail/storefront office suite plus rear flex/studio space; Two‑level upper residence with 4 bedrooms and 2 baths
