Mixed-Use Property in San
2367-91 SAN DIEGO AVENUE & 3961-69 ARISTA STREET San Diego, CA 92110
2367-91 SAN DIEGO AVENUE & 3961-69 ARISTA STREET, San Diego, CA, 92110
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For Sale
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Mixed-use property with restaurants, retail, and residential components.
Property Size12,948 SF
Price / SF$370.71
Days on Market647
Property Features for 2367-91 SAN DIEGO AVENUE & 3961-69 ARISTA STREET
General Information
- Standard status
- Active
- Size
- 12,948 SF
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 1959
Listing Agency
Intersection
Listed by
Kyle Clark · License #CA 00867784
Source
Crexi
Added: Oct 9, 2024 Checked: Jul 16 at 11:39 am
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 Intersection
Investment Insights
Based on property information with market context.
This mixed-use property comprises two adjacent properties located at 2367-2391 San Diego Avenue and 3961-3969 Arista Street. The property offers a combination of award-winning restaurants, retail spaces, and residential units. The property's size is 12948 square feet. This property is positioned to deliver returns and long-term value.
Key Highlights
- Mixed‑use property with diverse income streams from award‑winning restaurants, retail, and residential components.
- Strategic location with strong market demand.
- Potential for robust returns and long‑term value.
Local Financial Insights For Mixed Use
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 | $435.1k | $33.60 |
| − Vacancy | −$34.8k | −$2.69 |
| EGI | $400.2k | $30.91 |
| − OpEx | −$150.1k | −$11.59 |
| NOI | $250.2k | $19.32 |
12,948 SF · lease $33.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$3.57M
$3.13M – $4.17M
NOI $250,155 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.11M
$4.47M – $5.97M
NOI $357,986 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with restaurants, retail, and residential components.
Where is this mixed-use property located?
The property is located at 2367-91 SAN DIEGO AVENUE & 3961-69 ARISTA STREET San Diego, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Mixed‑use property with diverse income streams from award‑winning restaurants, retail, and residential components.; Strategic location with strong market demand.; Potential for robust returns and long‑term value.
