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    4850 67th St, Unit 90 San Diego, CA 92115-2903

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    4850 67th St, Unit 90 San Diego, CA 92115-2903


    • Assisted living facilities
    • 10,018 SF
    • 0.82 lot acres
    Off-Market
    Last Sale Feb 4, 2021
    $4,350,000
    Property ID
    US09-8576502
    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
    $4,200,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Alter Behavioral Health - San Diego / Crisis Center / Medical Clinic

    Property Details for 4850 67th St

    Year built
    1961
    Lot size
    0.82 lot acres
    Property size
    10,018 SF
    Zone code
    R-4:MULTIPLE RESIDENTIAL
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    468-180-09-00
    APU
    4681800900

    Description

    This exceptional investment opportunity presents a 10,475-square-foot medical office building situated on a 0.82-acre lot at 4850 67th Street, San Diego, CA 92115. The property, built in 1969 and extensively renovated in 2024, is currently 100% occupied by Altignis Treatment Facility under a 20-year triple-net (NNN) lease with a corporate guarantee. The lease commenced upon closing and features a strong annual rent of $551,408, with built-in 2% annual increases. This translates to a compelling 6.75% cap rate and a price per square foot of $779.86. The property benefits from its location in a high-income area, with average household incomes exceeding $96,500 within a five-mile radius. The lease structure minimizes landlord responsibilities, offering a passive income stream with significant long-term growth potential. This is a rare opportunity to acquire a stable, high-performing medical office investment in a desirable San Diego location. The property offers a secure, long-term investment with a proven tenant and a robust lease structure.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,160,000
      ML approach
      $4,195,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,939,000
      Market price range: $2.40M - $3.94M
    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $3,055,000
      Current use
      MEDICAL BUILDING
      $5,830,000
      Change: +91% Conversion: Difficult
      OFFICE BUILDING
      $4,230,000
      Change: +38% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $4,025,000
      Change: +32% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,860,000
      Change: +26% 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
    -117.054
    Latitude
    32.7672
    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
    $56,725
    $2,122,416
    $2,493,838
    $4,616,254
    -
    $0.00
    $0.00
    $0.00
    More about this property
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