Property profile

5850 Oberlin Dr San Diego, CA 92121

OFF-MARKET
Office Spaces
Property ID
US09-8674432
1,734 SF 1.23 ac lot Built 1988
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional three-story medical office building, Oberlin Park II, offers 25,119 square feet of space in the desirable Sorrento Mesa area of San Diego, CA. Built in 1988 and renovated in 2004, the property sits on a 1.22-acre lot and currently has 4,713 square feet of vacant space available for lease. The building features ample parking with a ratio of 3.46 spaces per 1,000 square feet. Its IL-2-1 zoning designation allows for a variety of medical uses. Located at 5850 Oberlin Dr, San Diego, CA 92121, this property benefits from its location in a thriving life sciences hub, surrounded by major technology companies and research institutions. The building's multiple tenancy structure provides flexibility for various medical practices. This presents a unique opportunity to establish or expand a medical practice in a prime San Diego location with excellent access to amenities and a strong tenant base. The property's strategic location within Sorrento Mesa, a recognized life sciences cluster, offers significant advantages for businesses seeking a presence in this dynamic market. The building's history of renovations ensures modern functionality and appeal.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1988
Total area 1,734 SF
Lot 1.23 ac (53,561 SF)
Zoning code INDUSTRIAL (M ZONE)
APN 341-322-09-09
UPID US09-8674432

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

5850 Oberlin Dr San Diego, CA 92121-4719
San Diego metro Census 8350 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$255k

Owner & transaction history

since 2025
7 recorded transactions
2025
$1.0M
2024
$2.4M
2022
Price N/A
2019
$504,500
2018
$268,500
2017
$669,000
2017
$940,000

Zoning & alternative use

INDUSTRIAL (M ZONE) · San Diego, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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