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3501-3503 4th Ave 3,912 SF Vacant Office Building San Diego, CA 92103 $4,063,625 CAD ($1,038.76 CAD/SF)



Executive Summary
Situated in the highly desirable Bankers Hill neighborhood of San Diego, 3501–3505 Fourth Avenue presents a rare mixed-use owner user or investment opportunity in one of San Diego’s most vibrant urban neighborhoods. The property combines professional office space with residential living in a well maintained mid-century building featuring strong street presence at the hard corner of Walnut and Fourth Avenue.
Constructed in 1953, the 3,912-square-foot building sits on a 5,911-square-foot lot and consists of three units: a dental office, a multi room professional office suite(currently a
cosmetic spa), and a spacious two-bedroom, two-bath residential apartment located on the upper level. The property’s flexible layout allows for a variety of uses, making it well suited for medical, professional, or boutique office users seeking an on-site residential component.
A defining feature of the property is its sun lit central atrium, which creates a tranquil environment highlighted by a koi pond and mature landscaping. This inviting courtyard
setting enhances the building’s mid-century architectural character while providing a peaceful atmosphere for tenants and visitors. The asset benefits from several recent
improvements, including a newer roof, owned solar energy system, new instant hot water heaters, and newer HVAC systems helping reduce operating costs and improve long term efficiency. Additional features include four private on-site parking spaces and prominent signage exposure along Fourth Avenue, providing excellent visibility in a highly trafficked corridor.
Positioned in a walkable, high-demand neighborhood near employment centers, retail, dining, and cultural destinations, this property represents an attractive opportunity
for investors or owner-users seeking a unique and character-rich asset in central San Diego.
Constructed in 1953, the 3,912-square-foot building sits on a 5,911-square-foot lot and consists of three units: a dental office, a multi room professional office suite(currently a
cosmetic spa), and a spacious two-bedroom, two-bath residential apartment located on the upper level. The property’s flexible layout allows for a variety of uses, making it well suited for medical, professional, or boutique office users seeking an on-site residential component.
A defining feature of the property is its sun lit central atrium, which creates a tranquil environment highlighted by a koi pond and mature landscaping. This inviting courtyard
setting enhances the building’s mid-century architectural character while providing a peaceful atmosphere for tenants and visitors. The asset benefits from several recent
improvements, including a newer roof, owned solar energy system, new instant hot water heaters, and newer HVAC systems helping reduce operating costs and improve long term efficiency. Additional features include four private on-site parking spaces and prominent signage exposure along Fourth Avenue, providing excellent visibility in a highly trafficked corridor.
Positioned in a walkable, high-demand neighborhood near employment centers, retail, dining, and cultural destinations, this property represents an attractive opportunity
for investors or owner-users seeking a unique and character-rich asset in central San Diego.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,912 SF
Building Class
B
Year Built/Renovated
1953/2023
Price
$4,063,625 CAD
Price Per SF
$1,038.76 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,956 SF
Slab To Slab
8’
Building FAR
0.66
Lot Size
0.14 AC
Zoning
NP-1, San Diego
Parking
4 Spaces (1.02 Spaces per 1,000 SF Leased)
Amenities
- Bio-Tech/ Lab Space
- Controlled Access
- Courtyard
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
- Balcony
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Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 452-406-12 | Improvements Assessment | $752,432 CAD |
| Land Assessment | $311,116 CAD | Total Assessment | $1,063,548 CAD |
Property Taxes
Parcel Number
452-406-12
Land Assessment
$311,116 CAD
Improvements Assessment
$752,432 CAD
Total Assessment
$1,063,548 CAD
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3501-3503 4th Ave
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