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Property profile & analytics
FOR LEASE
Office buildings
550 W C St San Diego, CA 92101
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-6637210
For Lease
1 / 2
Contact for pricing
550 W C St, San Diego, CA 92101
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1971
Total area
67,440 SF
Lot
0.81 ac (35,283 SF)
Zoning code
COMMERCIAL
APN
533-523-15-00
UPID
US09-6637210
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
Current use
Occupant on record · Public records
-
Lincoln Gustafson & Cercos Law Firm
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Greer Jeffrey Y Law Firm
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Sooy & Schlichting, APC Law Firm
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Krause Kalfayan Benink & Slavens, LLP Law Firm
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Law Office of Knut S. Johnson Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jaj Pacific Investment LLC
Jaj Pacific Investment LLC
since 2025
Last sale
$46.0M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$322,540
Tax year 2024
Assessed value
$24,900,000
Assessed 2024
Previous assessed
$24,900,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$11,057,000
Assessed improvement
$13,843,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1971
Heating
NONE
Units
1
Total area
67,440 SF
Lot
0.81 ac (35,283 SF)
Zoning code
COMMERCIAL
APN
533-523-15-00
UPID
US09-6637210
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.
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Units
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Jaj Pacific Investment LLC
Entity
Free & Clear · 0 yrs held
Mailing address
525 B ST STE #220, SAN DIEGO, CA 92101-4411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
$46,000,000
Jaj Pacific Investment LLC
I&g 525 B Street LLC
Grant Deed
—
Oct 24, 2019
—
I & G 525 B Street LLC
—
Loan Modification
related
$95,300,000 · Wells Fargo Bk
Dec 13, 2017
—
I & G 525 B Street INC
—
Loan Modification
related
$81,000,000 · Wells Fargo Bk
Mar 17, 2016
—
I&g 525 B Street INC
Hines 525 B Street LP
Grant Deed
$75,000,000 · Wells Fargo Bank NA
Sep 6, 2011
—
Hines 525 B Street LP
—
Deed Of Trust
related
$62,000,000 · Northwestern Mutual Life Ins
Aug 10, 2005
—
525 B Street Hines
Greit-525 & 600 B Street
Grant Deed
$52,000,000 · Nli Properties East INC
Apr 26, 1996
$278,000
Scott Seldin
525 B Street LLC
Grant Deed
related
—
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?”
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