Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3501 4th Ave, Unit 7 San Diego, CA 92103-4912
    Back to Search
    Property profile & analytics

    3501 4th Ave, Unit 7, San Diego, CA 92103-4912

    View on Map
    • Medical Office Space
    • 3,761 SF
    • 0.14 lot acres
    Off-Market
    Last Sale May 22, 2023
    $440,000
    Property ID
    US09-7270404
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Natural Dental Arts / Dental Office
    • Zakarian Andrew DDS / Dental Office

    Property Details for 3501 4th Ave

    Year built
    1953
    Lot size
    0.14 lot acres
    Zone code
    COMMERCIAL
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    452-406-12-00
    APU
    4524061200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 22, 2023 — Andrew John Zakarian Andrew J Zakarian Intrafamily Transfer · related —
    Nov 19, 2002 — Andrew J Zakarian — Trustees Deed · related $745k · California Bank & Trust
    Oct 17, 2000 $440,000 Andrew J Zakarian Disrael Trust Grant Deed $330k · California Bank & Trust
    — — Andrew J Zakarian — Deed Of Trust · related $920k · California Bank & Trust
    — — Andrew J Zakarian — Deed Of Trust · related $1M · California Bank & Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.161
    Latitude
    32.7417
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,342
    $221,584
    $535,898
    $757,482
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,415,000
      6,962 SF

      2660 1st Ave

      MEDICAL BUILDING
      2660 1st Ave, San Diego, CA 92103-6507
      View Details
    • Value Estimation
      $16,110,000
      25,600 SF

      330 Lewis St

      MEDICAL BUILDING
      330 Lewis St, San Diego, CA 92103-2108
      View Details
    • Value Estimation
      $1,545,000
      2,511 SF

      4096 Ctr St

      MEDICAL BUILDING
      4096 Ctr St, San Diego, CA 92103-2608
      View Details
    • Value Estimation by Request
      0.12 Acres

      3302 4th Ave

      MEDICAL BUILDING
      3302 4th Ave, San Diego, CA 92103-5704
      View Details
    • Value Estimation by Request
      1,820 SF

      3330 4th Ave, Unit 32

      MEDICAL BUILDING
      3330 4th Ave, San Diego, CA 92103-5704
      View Details
    • Value Estimation by Request
      1,539 SF

      3251 3rd Ave

      MEDICAL BUILDING
      3251 3rd Ave, San Diego, CA 92103-5615
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,785 SF

      Prime Hillcrest Retail Opportunity

      High-density residential zoning in a vibrant urban core.
      535 Robinson Ave, San Diego, CA 92103
      View Details
    • Contact for pricing
      3,076 SF

      Turnkey Medical Office in San Diego

      Freestanding medical office building in desirable healthcare corridor.
      3399 1St Ave, San Diego, CA 92103
      View Details
    • Contact for pricing
      4,161 SF

      Dental Building For Sale

      Three-level, 4,161 SF dental building available for purchase.
      3821 8Th Ave, San Diego, CA 92103
      View Details
    • New
      $4,890,000
      3,750 SF

      Mixed-Use Corner Property with Office

      Five-unit mixed-use asset with a long-term leased office and extensively remodeled residential units, plus upgraded building systems.
      110 Maple St, San Diego, CA 92103
      View Details
    • Contact for pricing
      6,844 SF

      Bankers Hill Mixed-Use Property

      Centrally located property in Bankers Hill with office and retail.
      3356-3368 2Nd Ave, San Diego, CA 92103
      View Details
    • Contact for pricing
      3,214 SF

      Hillcrest Retail/Restaurant/Office Building For Sale

      Two-story, renovated retail building with outdoor patio in Hillcrest.
      3681 5Th Ave, San Diego, CA 92103
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      4,466 SF

      Medical Office Suite Available

      4,466 SF medical office suite for rent.
      4076 3Rd Ave, San Diego, CA 92103
      View Details
    • Contact for pricing
      2,512 SF

      Office Space in Mercy Medical Bldg

      Office space available for lease in San Diego, California.
      4060 4Th Ave, San Diego, CA 92103
      View Details
    • Contact for pricing
      3,610 SF

      Restaurant and Retail Space Available

      Freestanding restaurant and retail spaces for lease in San Diego.
      2950 6Th Ave, San Diego, CA 92103
      View Details
    • Contact for pricing

      Prime Uptown Location Retail/Office

      5,000 SF space in desirable Uptown San Diego.
      3430 5Th Ave, San Diego, CA 92103
      View Details
    • Contact for pricing
      17,300 SF

      Urban Office Space with Patio

      Office space featuring indoor/outdoor connectivity and covered parking.
      3043 4Th Ave, San Diego, CA 92103
      View Details
    • Contact for pricing

      Belleview Office Building Suites

      Second-floor office suites available for lease in Belleview Office Building.
      3100-3104 5Th Ave, San Diego, CA 92103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3501 4th Ave, Unit 7
    San Diego, CA 92103-4912
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3501 4th Ave, San Diego, CA, 92103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!