419 Euclid Ave, San Diego, CA 92114-2204
- Turn key restaurants
- 3,340 SF
- 0.50 lot acres
Current Use by Public Records
- Ste Halloween Costumes / (Bike/Boat/Book/etc) Store
- El Pollo Loco / Restaurant
Property Details for 419 Euclid Ave
- Year built
- 2022
- Lot size
- 0.50 lot acres
- Zone code
- COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 548-051-43-00
- APU
- 5480514300
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 29, 2026 | — | Mrm LLC | — | Deed · related | $2M · Sunset Capitol And Consulting Enterprise |
| Dec 20, 2024 | $3,950,000 | Mrm LLC | Wizard Of Oz Fund LLC | Grant Deed | — |
| Aug 22, 2024 | — | Tommy Edmunds | Wizard Of Oz Fund LLC | Lease | — |
| Jan 6, 2023 | — | Chic Pollo LLC | Wizard Of Oz Fund LLC | Lease | — |
| Apr 11, 2022 | — | Wizard Of Oz Fund LLC | Jacobs Ctr For Neighborhood Innovat | Quit Claim Deed · related | — |
| Mar 30, 2021 | — | Wizard Of Oz Fund LLC | — | Deed · related | $2.5M · Partners Bank Of California |
| Dec 31, 2019 | $982,000 | Wizard Of Oz Fund LLC | Market Row LLC | Grant Deed | — |
| Nov 4, 2010 | $420,000 | Market Row LLC | Metropolitan Transit Dev Board | Grant Deed | — |
Description
This exceptional investment opportunity presents a newly constructed, 3,340 square foot retail building in San Diego, CA, boasting 100% occupancy with a strong tenant mix: El Pollo Loco (drive-thru with a 15-year lease), Verizon Wireless, and a Bank of America ATM. The property, situated on a 20,017 square foot lot at 419 Euclid Ave, 92114, benefits from a prime location across from a busy trolley and bus station, ensuring high visibility and accessibility. This strategically positioned asset is part of a rapidly developing area, with over 600 new multi-family residential units planned within a half-mile radius, and is adjacent to a recently opened, 65,000 square foot County Health Facility employing an estimated 238 people. Further enhancing its desirability, the property sits directly across from Market Street Plaza, an 81,000 square foot shopping center anchored by major retailers including Food 4 Less, Starbucks, Wells Fargo, and Wingstop. The property offers a Net Lease investment structure with a current NOI of $211,970 and a 5.11% cap rate, representing a compelling return on investment. Built in 2022, this easily managed property offers a stable income stream and significant upside potential in a thriving San Diego submarket. The asking price is $4,150,000, translating to $1,242.51 per square foot. This is a rare opportunity to acquire a high-performing, triple-net-leased retail property in a dynamic and rapidly growing area of San Diego.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,883,000
Market price range: $1.03M - $4.80M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $2,955,000 Current use
- COMMERCIAL (GENERAL)
- $5,985,000 Change: +102% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $3,410,000 Change: +15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.085
- Latitude
- 32.709
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
