Financial
Distress signals
Property profile

118 S Cedros Ave Solana Beach, CA 92075

FOR SALE
Manufacturing properties
Property ID
US09-8917359
0.39 ac lot
Last sale Apr 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Solana Beach investment opportunity presents a rare chance to acquire a 10,382 square foot retail property located on Cedros Avenue in the highly sought-after Cedros Design District. The property, available for the first time in 50 years, boasts a strong 4.49% cap rate and a substantial net operating income (NOI) of $404,064. Currently 100% occupied by two well-established tenants with remaining leases of two years plus a five-year option, this offering ensures immediate cash

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$272k
Assessed land$104k
Assessed improvement$168k
Effective rate2.77%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k
NOI build-up
Gross scheduled income$249k
Vacancy & credit loss−$16k
Operating expenses−$70k
NOI · 2.04% cap applied$163k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
County average, outlier-cleaned · 993 recorded sales of this use type
Observed band · Q1–Q3$184 – $441

Cap rate analysis

How does the asset earn?
2.04%
$163k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL (M ZONE)
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.6
Smoke and Vape Shop10.2
Auto Parts Store8.8

Location

118 S Cedros Ave Solana Beach, CA 92075
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
410 Cedros, Solana Beach, CA 92075-1921 $24,000,000 Feb 2026 49,447 SF
241 Cedros, Solana Beach, CA 92075-1916 $150,000 Oct 2024 15,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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