Mixed-Use Property with Retail
4843-4845 Voltaire Street San Diego, CA 92107
4843-4845 Voltaire Street, San Diego, CA, 92107
$3,950,000
For Sale
$3,950,000
Mixed-use building with two commercial suites and six residential units, fully renovated with in-unit washer/dryer and select air conditioning.
Property Size5,064 SF
Price / SF$780.02
Days on Market92
Property Features for 4843-4845 Voltaire Street
General Information
- Standard status
- Active
- Size
- 5,064 SF
- Property subtype
- Commercial-Res Income / Com-Res Income
Listing agency
Acre Investment Real Estate
(858) 245-4887
Listed by
Bill Anderson · License #01441142
(858) 245-4887
Source
Compass
Added: Apr 22 Updated: Jul 21 at 3:50AM Checked: Jul 21 at 3:50AM
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 Acre Investment Real Estate
Investment Insights
Based on property information with market context.
Voltaire Villas is a mixed-use property featuring two commercial suites and six residential units within a total of eight units. The residential mix includes four 1-bedroom/1-bath units and two studio units. Two residential units were newly constructed, and all residential units have been fully renovated.
Completed in 2025, the renovation includes upgrades throughout both the interior and exterior, with modernized systems and refreshed finishes. Residential interiors feature wide-plank flooring, recessed lighting, shaker cabinetry, quartz-style countertops, stainless steel appliances, and updated bathrooms. In-unit washer/dryer is provided, and select units include air conditioning. Exterior updates include fresh paint, improved lighting, and updated signage, supported by little to no landscape upkeep.
Completed in 2025, the renovation includes upgrades throughout both the interior and exterior, with modernized systems and refreshed finishes. Residential interiors feature wide-plank flooring, recessed lighting, shaker cabinetry, quartz-style countertops, stainless steel appliances, and updated bathrooms. In-unit washer/dryer is provided, and select units include air conditioning. Exterior updates include fresh paint, improved lighting, and updated signage, supported by little to no landscape upkeep.
Key Highlights
- Mixed‑use building with 8 total units: two commercial suites and six residential units
- Residential unit mix includes four 1BD/1BA units and two studios, including two newly constructed units completed in 2025
- All residential units are fully renovated and include in‑unit washer/dryer; select units include air conditioning
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 | $182.3k | $36.00 |
| − Vacancy | −$7.7k | −$1.52 |
| EGI | $174.6k | $34.48 |
| − OpEx | −$52.4k | −$10.35 |
| NOI | $122.2k | $24.14 |
5,064 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.75M
$1.53M – $2.04M
NOI $122,240 @ 7.0% cap · market cap 3.09%
Second Best
Mixed Use
$1.40M
$1.22M – $1.63M
NOI $97,836 @ 7.0% cap · market cap 2.48%
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.33M
NOI $140,009 @ 7.0% cap · market cap 3.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Mixed-use building with two commercial suites and six residential units, fully renovated with in-unit washer/dryer and select air conditioning.
Where is this apartment building located?
The property is located at 4843-4845 Voltaire Street San Diego, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Mixed‑use building with 8 total units: two commercial suites and six residential units; Residential unit mix includes four 1BD/1BA units and two studios, including two newly constructed units completed in 2025; All residential units are fully renovated and include in‑unit washer/dryer; select units include air conditioning
