Back to Search
Property profile & analytics
FOR SALE
Retail space
4604 University Ave San Diego, CA 92105
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7853848
For Sale
1 / 3
$1,875,000
4604 University Ave, San Diego, CA 92105
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Total area
6,438 SF
Lot
0.21 ac (9,258 SF)
Zoning code
COMMERCIAL
APN
471-482-34-00
UPID
US09-7853848
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
by Request
CAP Approach
CAP
$2.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
4604 Uni LLC · 1 yrs held
4604 Uni LLC
since 2024
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,595,000
6.5%
$2,395,000
7%
$2,225,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,715,000
Change: -9% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,585,000
Change: -13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,480,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±10%
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
$273 / 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
$17,829
Tax year 2024
Assessed value
$1,269,457
Assessed 2024
Previous assessed
$1,269,457
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$836,637
Assessed improvement
$432,820
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1959
Heating
NONE
Units
1
Total area
6,438 SF
Lot
0.21 ac (9,258 SF)
Zoning code
COMMERCIAL
APN
471-482-34-00
UPID
US09-7853848
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning 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
San Diego. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
4604 Uni LLC
Entity
Mailing address
1164 SORRENTO DR, SAN DIEGO, CA 92107-4143
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
—
4604 Uni LLC
—
Deed
related
$2,000,000 · 1st Generation Funding LLC
Dec 3, 2024
—
4604 Uni LLC
Roman Bahador
Grant Deed
—
Jan 5, 2024
$1,710,000
Roman Bahador
Srt Properties LLC
Grant Deed
—
Feb 21, 2018
$1,138,000
Srt Properties LLC
Jjyk LLC
Grant Deed
—
Aug 31, 2015
—
Jjyk LLC
Lee,chung & Youngjin
Grant Deed
—
May 30, 2014
$700,000
Lee Chung
4604 University LLC
Grant Deed
$490,000 · Wells Fargo Bank NA
Dec 3, 2008
—
4604 University LLC
Nguyen,phil A & Tawny N
Quit Claim Deed
related
—
Jun 7, 2006
—
Nguyen Family Living Trust
Nguyen,phil A & Tawny N
Quit Claim Deed
related
—
Apr 24, 2006
$1,300,000
4604 University LLC
Nguyen,phil A & Tawny N
Grant Deed
$650,000 · Nara Bank
Dec 31, 1997
$315,000
Loc V Nguyen
Dowin Corp
Grant Deed
—
Aug 15, 1995
$308,000
Ba Properties INC
Kim,sung T & Sun I
Trustees Deed
—
Feb 24, 1994
$7,000
James R Ross
Choi,sun I
Grant Deed
—
Sep 27, 1988
$400,000
Sung T Kim
Premsrirat Supor
Grant Deed
$320,000 · Security Pacific National Bank
—
—
Dowin Corp
—
Deed Of Trust
related
$293,000 · Bank Of Commerce
—
—
Phil A Nguyen
—
Deed Of Trust
related
$460,000 · California Bank & Trust
—
—
4604 University LLC
—
Deed Of Trust
related
$601,500 · Nara Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
