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Bankers Hill Offices 3356-3368 2nd Ave 6,844 SF Office Building San Diego, CA 92103 $5,202,466 CAD ($760.15 CAD/SF)



Investment Highlights
- Two-building office property totaling 6,844 SF on a 10,890 SF lot.
- 22 private offices, five lobbies/waiting rooms, and a gated courtyard
- 20 dedicated on-site parking spaces, including covered options.
- Located in Bankers Hill, minutes from Downtown San Diego and the airport.
Executive Summary
Owner-user office opportunity located in the Bankers Hill submarket of San Diego. The property consists of two office buildings totaling approximately 6,844 square feet on a 10,890 square foot lot. The improvements are configured into 22 private office suites with multiple shared waiting areas, allowing a buyer to occupy a portion of the property while leasing the remaining suites to other professional users.
The layout is well suited for professional practices that value privacy, including therapy, healthcare-adjacent services, legal practices, consulting firms, and other professional office users. The property includes QuietRock sound insulation, controlled access, and multiple waiting areas that support confidential client interactions.
A buyer can occupy 51% or more of the building while maintaining rental income from the remaining suites. This structure allows an owner-user to control their space while offsetting operating and financing costs through in-place or future tenant income.
When fully leased, the property has historically generated approximately $309,000–$325,000 in annual gross income, depending on occupancy and lease structure.
The property includes 20 dedicated on-site parking spaces, including covered parking. Off-street parking of this scale is uncommon in the Bankers Hill and Hillcrest area and supports both employee and client access to the building.
Additional property features include a gated courtyard, multiple porches and deck areas, mature landscaping, and controlled entry systems that support a professional office environment.
Due to the age and architectural character of the buildings, there may be potential eligibility for the Mills Act historic preservation program, which can reduce property taxes for qualified owners who maintain the architectural character of the property. Eligibility and tax impact should be independently verified by a buyer.
The property is located in the Bankers Hill neighborhood of San Diego, a centrally located urban submarket immediately adjacent to Downtown, Hillcrest, and Balboa Park. The area benefits from strong long-term demand for professional office space due to its proximity to major employment centers, restaurants, healthcare services, and residential density.
The location provides convenient access to Downtown San Diego, San Diego International Airport, Mission Valley, North Park, and coastal communities. The surrounding neighborhood includes a mix of residential, professional office, and neighborhood-serving retail uses.
This offering provides a rare opportunity for an owner-user to acquire a centrally located office property with existing income, strong parking, and the ability to increase occupancy over time as tenants roll.
The layout is well suited for professional practices that value privacy, including therapy, healthcare-adjacent services, legal practices, consulting firms, and other professional office users. The property includes QuietRock sound insulation, controlled access, and multiple waiting areas that support confidential client interactions.
A buyer can occupy 51% or more of the building while maintaining rental income from the remaining suites. This structure allows an owner-user to control their space while offsetting operating and financing costs through in-place or future tenant income.
When fully leased, the property has historically generated approximately $309,000–$325,000 in annual gross income, depending on occupancy and lease structure.
The property includes 20 dedicated on-site parking spaces, including covered parking. Off-street parking of this scale is uncommon in the Bankers Hill and Hillcrest area and supports both employee and client access to the building.
Additional property features include a gated courtyard, multiple porches and deck areas, mature landscaping, and controlled entry systems that support a professional office environment.
Due to the age and architectural character of the buildings, there may be potential eligibility for the Mills Act historic preservation program, which can reduce property taxes for qualified owners who maintain the architectural character of the property. Eligibility and tax impact should be independently verified by a buyer.
The property is located in the Bankers Hill neighborhood of San Diego, a centrally located urban submarket immediately adjacent to Downtown, Hillcrest, and Balboa Park. The area benefits from strong long-term demand for professional office space due to its proximity to major employment centers, restaurants, healthcare services, and residential density.
The location provides convenient access to Downtown San Diego, San Diego International Airport, Mission Valley, North Park, and coastal communities. The surrounding neighborhood includes a mix of residential, professional office, and neighborhood-serving retail uses.
This offering provides a rare opportunity for an owner-user to acquire a centrally located office property with existing income, strong parking, and the ability to increase occupancy over time as tenants roll.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,844 SF
Building Class
B
Year Built/Renovated
2009/2011
Price
$5,202,466 CAD
Price Per SF
$760.15 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,422 SF
Slab To Slab
8’
Building FAR
0.63
Lot Size
0.25 AC
Zoning
RS-1-7 - Professional office zoning supporting owner-user or multi-tenant professional use. Buyers to verify zoning and permitted uses.
Parking
20 Spaces (2.92 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Courtyard
- Security System
- Common Parts WC Facilities
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Small Private Executive Office with a negotiable lease rate. This suite is available now! Video Tour: https://youtu.be/kJk_PcmMwkk
Small Private Office
Small executive private office
Small Private Executive Office
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 3356 B | 150-250 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 3368 A-1 | 150-250 SF | Office | Partial Build-Out | Now |
| 1st Fl-Ste 3368 H | 150-250 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 3356 I | 150-250 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 3368-D | 150-250 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 3356 B
| Size |
| 150-250 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 3368 A-1
| Size |
| 150-250 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 3368 H
| Size |
| 150-250 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 3356 I
| Size |
| 150-250 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 3368-D
| Size |
| 150-250 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 3356 B
| Size | 150-250 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Small Private Executive Office with a negotiable lease rate. This suite is available now! Video Tour: https://youtu.be/kJk_PcmMwkk
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 3368 A-1
| Size | 150-250 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Small Private Office
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 3368 H
| Size | 150-250 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 3356 I
| Size | 150-250 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Small executive private office
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 3368-D
| Size | 150-250 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Small Private Executive Office
Walk Score®
Very Walkable (88)
Property Taxes
| Parcel Numbers | Improvements Assessment | $978,930 CAD | |
| Land Assessment | $2,517,248 CAD | Total Assessment | $3,496,178 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,517,248 CAD
Improvements Assessment
$978,930 CAD
Total Assessment
$3,496,178 CAD
1 of 46
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Bankers Hill Offices | 3356-3368 2nd Ave
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