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Property profile & analytics
FOR LEASE
Medical Office Space
3405 Kenyon St San Diego, CA 92110
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7367204
For Lease
1 / 19
Contact for pricing
3405 Kenyon St, San Diego, CA 92110
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Total area
45,360 SF
Lot
0.92 ac (40,075 SF)
Zoning code
COMMERCIAL
APN
441-290-16-00
UPID
US09-7367204
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.01M
CAP Approach
CAP
$12.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.39M
Owner & transaction history
Swanston Properties INC · 4 yrs held
Swanston Properties INC
since 2021
Last sale
$7.4M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$10,840,000
ML approach
$9,010,000
CAP Approach
CAP Return
Estimation
6%
$13,305,000
6.5%
$12,280,000
7%
$11,405,000
Blend value · Realmo final
$9.39M
Range $8.45M – $10.32M · ±10% · vs last sale $7.40M (Dec 21 2021)
Last sale anchor
$7.40M
Dec 21 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$207 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$94,647
Tax year 2024
Assessed value
$7,698,960
Assessed 2024
Previous assessed
$7,698,960
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$4,265,640
Assessed improvement
$3,433,320
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1976
Heating
NONE
Units
1
Total area
45,360 SF
Lot
0.92 ac (40,075 SF)
Zoning code
COMMERCIAL
APN
441-290-16-00
UPID
US09-7367204
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Swanston Properties INC
Entity
Mailing address
3405 KENYON ST STE #411, SAN DIEGO, CA 92110-5007
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2021
$100,000
Swanston Properties INC
Swanston Properties INC
Grant Deed
related
—
Aug 31, 2021
$7,400,000
Bkj Holdings LLC
3242 Columbia LLC
Grant Deed
$5,324,000 · First Entertainment Cu
Dec 16, 2019
—
3242 Columbia LLC
—
Deed
related
$4,970,000 · California Bk&tr
Sep 27, 2005
—
3242 Columbia LLC
3242 Columbia LLC
Quit Claim Deed
related
$3,000,000 · San Diego County Cu
May 3, 2002
$3,470,000
3242 Columbia LLC
3405 Kenyon Street LP
Grant Deed
$2,300,000 · Capitol Valley Bank
May 3, 2002
—
3242 Columbia LLC
—
Deed Of Trust
related
$2,300,000 · Capitol Valley Bank
Dec 13, 2001
$2,275,000
3405 Kenyon Street LP
Midway Medical Properties
Grant Deed
—
—
—
3242 Columbia LLC
—
Deed Of Trust
related
$4,970,000 · California Bk&tr
—
—
3405 Kenyen Street LP
—
Deed Of Trust
related
$2,135,162 · California Bank & Trust
—
—
3242 Columbia LLC
—
Deed Of Trust
related
$2,900,000 · First Pacific Bank California
—
—
3942 Columbia LLC
—
Deed Of Trust
related
$200,000 · Homequity Funding Corp Dbpp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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