967 Laurel StSan Diego, CA 92101

Property Details for 967 Laurel St

Year built

2007

Lot size

0.03 AC

Property size (Sq ft)

1,367 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

533-630-08-00

APU

5336300800

Description

This exceptional 1,504 square foot executive office space, built in 2007, is ideally situated in the vibrant heart of San Diego's Little Italy neighborhood at 967 W Laurel St, Unit 8, 92101. Priced at $1,128,000 ($750/sq ft), this property offers a unique blend of functionality and location. The creative office layout is thoughtfully designed, featuring a street-level entrance with an ADA-compliant restroom and office space. A potential garage is also available on the street level. Upstairs, a second level provides additional office space and offers roof access, enhancing the property's versatility. The building's location within Little Italy provides easy access to a wealth of amenities, making it an attractive option for businesses seeking a dynamic and convenient work environment. The property's potential for live/work arrangements adds to its appeal, presenting a unique opportunity for the right buyer. This is a rare chance to acquire a well-appointed, centrally located executive office space in one of San Diego's most desirable neighborhoods.

• CAP approach

  CAP return

  Valuation

  6%

  $421,222

  6.5%

  $388,820

  7%

  $361,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $557,526

  Geo Method

  $1,212,480

• Alternative Use

  Use

  Valuation

  Residential

  $327,984

  Hospitality

  $300,432

  Educational

  $249,956

  Medical

  $258,552

  Retail

  $388,820

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7299

Longitude

-117.172

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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