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Three-Unit Retail Investment Property

4835 Voltaire St San Diego, CA 92107

4835 Voltaire St, San Diego, CA, 92107
$1,750,000
For Sale
$1,750,000

Three retail units total 2,753 sq. ft., built in 1959, and are fully leased.

Property Size2,753 SF
Price / SF$635.67
Days on Market329

Property Features for 4835 Voltaire St

General Information

Standard status
Active
Size
2,753 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1959
Listing agency Mike Tompkins Realty
Listed by Michael Tompkins · License #01844465
Source Exitrealty
Added: Aug 27, 2025 Updated: Jul 21 at 8:13AM Checked: Jul 21 at 8:13AM

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 Mike Tompkins Realty


Investment Insights

Based on property information with market context.

This three-unit retail property totals 2,753 square feet of commercial space and was built in 1959. The building is configured as three distinct units, and all units are currently rented.

Located at 4835 Voltaire St in Ocean Beach, the property is positioned within a coastal commercial area with local retail and dining, and is described as benefiting from consistent foot traffic.

Offered for sale as a fully occupied asset, the property provides a straightforward three-tenant retail setup for investors seeking an income-producing commercial building.

Key Highlights

  • Three‑unit commercial property at 4835‑37 Voltaire Street in Ocean Beach
  • Total 2,753 sq. ft. of commercial space
  • Built in 1959

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $99.1k $36.00
− Vacancy −$4.2k −$1.52
EGI $94.9k $34.48
− OpEx −$28.5k −$10.35
NOI $66.5k $24.14
2,753 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%

Alternative Uses

Best Use
Retail
$949.4K
$830.7K – $1.11M (±1% cap)
NOI $66,455 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.09M
$951.4K – $1.27M (±1% cap)
NOI $76,115 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Fago Wealth Management Financial Advisor business relationship with ... Financial Advisor LPL Ocean Beach Consultant

Suggested Use

Law Firm Food Market Accounting Firm Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Building Supply Carpet & Flooring Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Summer Nat Flower Shop — 4896 Voltaire St, San Diego, CA 92107
  • Ye Olde Flower Shoppe — San Diego, CA 92107
  • Thistle — 4822 santa monica ave, san diego, ca 92107

FAQs

What type of property is this?
Storefront property - Three retail units total 2,753 sq. ft., built in 1959, and are fully leased.
Where is this storefront property located?
The property is located at 4835 Voltaire St San Diego, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Three‑unit commercial property at 4835‑37 Voltaire Street in Ocean Beach; Total 2,753 sq. ft. of commercial space; Built in 1959
Contact an agent
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