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Freestanding Office Building
For Sale
$950,000

6334 University Ave, San Diego, CA 92115

Functional office configuration with reception areas, private rooms, monument signage, rear access, and on-site parking.

Property Size2,273 SF
Price / SF$417.95
Days on Market82

Property Features for 6334 University Ave

General Information

Standard status Active
Size 2,273 SF

Building Details

Year Built 1949
Listing Agency: Coldwell Banker West
Listed By: Minerva Garcia · License #01301915
Source: Myfabuloushome
Added: Jul 25 Changed: Sep 15 Last Checked: Oct 7 at 3:26PM

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 Coldwell Banker West

Investment Insights

Based on property information with market context.

This freestanding 2273-square-foot office building was constructed in 1949 and is currently operating as a Mortuary. The interior includes reception and waiting areas, a chapel or viewing space, private offices or meeting rooms, and restroom facilities. Rear access, on-site parking, monument signage, and a gated backyard are also part of the property configuration.

The building fronts University Avenue in the Rolando/College Area submarket of San Diego, with access to surrounding residential neighborhoods, retail services, and major thoroughfares. Alley access provides an additional point of entry, while the existing layout supports a range of defined interior and exterior functions for the current operation or future commercial use, subject to buyer verification of zoning and permitted uses.

Key Highlights

  • 2273‑square‑foot freestanding office building
  • Built in 1949
  • Reception and waiting areas, chapel/viewing space, private offices or meeting rooms, and restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,880
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,600 $877.6K
Cap Rate 7%
$626,857 $626.9K
Cap Rate 9%
$487,556 $487.6K
Market Conditions
NOI Build-Up for 2,273 SF
Gross rent
$68.2K $30.00/SF
− Vacancy
−$9.7K −$4.26/SF
EGI
$58.5K $25.74/SF
− OpEx
−$14.6K −$6.44/SF
NOI
$43.9K $19.31/SF
Area
San Diego, CA
Vacancy
14.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,600
Cap Rate 7%
$626,857
Cap Rate 9%
$487,556

Alternative Uses

Best Use
Office B
$626.9K
$548.5K – $731.3K (±1% cap)
NOI $43,880 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$897.8K
$785.6K – $1.05M (±1% cap)
NOI $62,844 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

San Diego Funeral ... Social Service Agency SAN DIEGO NOTARY ... Translation Service

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Garden Center Accounting Firm

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

980
Businesses Nearby

Demographics for 92115, CA

64,251
Population
23,448
Households
2.7
Avg Household Size
30
Median Age
39%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
10,363
Density / Sq Mi
$75,178
Median Household Income
$36,061
Median Earnings
$1,875
Median Rent
$722,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Functional office configuration with reception areas, private rooms, monument signage, rear access, and on-site parking.
Where is this office building located?
The property is located at 6334 University Ave San Diego, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2273‑square‑foot freestanding office building; Built in 1949; Reception and waiting areas, chapel/viewing space, private offices or meeting rooms, and restrooms
More about this property
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