Current Use by Public Records
- Law Office of Jennifer M. Booth / Law Firm
Property Details for 3920 Hortensia St
- Lot size
- 0.23 lot acres
- Property type
- Office Spaces
Description
This exceptional two-story, 8,907 square foot traditional office building in San Diego's Old Town presents a rare owner-user opportunity. Currently vacant, this Class C property boasts a recent $500,000 (approx.) remodel in 2007, encompassing new HVAC, roof, interior finishes, bathrooms, and lighting. The building features 13 secured parking spaces within a gated lot—a highly desirable amenity in this location. Second-floor suites enjoy outdoor patios, offering abundant natural light and fresh air. Located on Hortensia Street, the property benefits from exceptional access to I-5, I-8, and the Pacific Coast Highway, placing it within walking distance of Old Town's vibrant amenities, the Old Town Transit Center, and less than a mile from San Diego International Airport. The Old Town submarket exhibits strong fundamentals, with a low 5.4% vacancy rate (Q3 2023) and a 5-year average of 4.79%, significantly outperforming the broader San Diego market. This prime location, coupled with the building's recent renovations and ample parking, makes it an ideal investment for an owner-user seeking a highly accessible and amenity-rich space in a thriving area. The asking price is $3,215,000, translating to $360.95 per square foot. The 0.23-acre lot houses a single building on two stories.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.191
- Latitude
- 32.7491
