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2367-91 Arista St San Diego, CA 92110

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Prime San Diego location, high-yield potential.

Property size:
12,948 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional mixed-use property, located in the heart of San Diego's vibrant Old Town, presents a compelling value-add investment opportunity. Comprising two buildings totaling 12,948 square feet on a 0.46-acre lot, this Class C property boasts 95% occupancy across 15 units. Built in 1959, the three-story structure benefits from OT-CC-21 zoning, allowing for a flexible mix of commercial and residential uses. Currently generating stable cash flow from a mix of restaurant and retail tenants, and residential units, this asset offers significant upside potential. Residential units are currently leased below market value, presenting an immediate opportunity to increase revenue. The property's prime location in Old Town, a major tourist destination, ensures high visibility and foot traffic, situated conveniently near Interstate 5 and Interstate 8, and within walking distance of major attractions and a transit center. The strong San Diego real estate market, coupled with ongoing redevelopment efforts in Old Town, promises robust long-term growth and return on investment. This is a rare chance to acquire a well-positioned asset with diverse income streams and substantial value-add potential. The APN is 443-513-36. The address is 2367-91 San Diego Avenue & 3961-69 Arista Street, San Diego, CA 92110.

Property Features for 2367-91 Arista St

General Information

Property type
Restaurants
Square Feet
12,948 SF
Class
C
Lot Size
20,038 SF

Building Details

Year Built
1959
Buildings
2
Stories
3
Units
15

HighLights

  • Prime Old Town San Diego location with high visibility and foot traffic, near I‑5 and I‑8, and major attractions.
  • Mixed‑use zoning (OT‑CC‑2‑1) allows for retail, office, and residential uses, diversifying income streams.
  • Stable cash flow from existing commercial and residential tenants, with significant upside potential from under‑market residential leases and lease conversions to NNN.
  • Strong San Diego market fundamentals ensure high occupancy and rental growth.
  • Located in a major tourist destination, Old Town, with easy access to transit and numerous attractions.
  • Benefitting from ongoing redevelopment and revitalization efforts, offering strong long‑term growth potential.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.1932472
Latitude
32.7506702

FAQs

What type of property is this?
Restaurant - Prime San Diego location, high-yield potential.
Where is this restaurant located?
The property is located at 2367-91 Arista St San Diego, CA.
What are key features of this property?
This property features: Prime Old Town San Diego location with high visibility and foot traffic, near I-5 and I-8, and major attractions.; Mixed-use zoning (OT-CC-2-1) allows for retail, office, and residential uses, diversifying income streams.; Stable cash flow from existing commercial and residential tenants, with significant upside potential from under-market residential leases and lease conversions to NNN.
More about this property
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