2367-91 Arista St San Diego, CA 92110
- Retail properties
- 12,948 SF
- 0.46 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2367-91 Arista St
- Year built
- 1959
- Lot size
- 0.46 lot acres
- Property size
- 12,948 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.193
- Latitude
- 32.7507
