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4051 Voltaire - Voltaire Palms Plaza Development Opportunity 0.07 Acres of Commercial Land in San Diego, CA 92107
Investment Highlights
- Current Income Property - 100% Occupancy
- Central Point Loma/Ocean Beach location
- Entitlement in process for 39 units + retail + parking
- Density bonus opportunities available
Executive Summary
Current income producing retail center at 100% occupancy- income listed in financial section. Close on entitlement, or earlier to collect the retail income.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.74 AC |
| Property Type | Land | Cross Streets | 4026-34 Wabaska Drive |
| Zoning | C - Commercial | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.74 AC |
| Cross Streets | 4026-34 Wabaska Drive |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Lot Size | 0.07 AC |
| Lot Size | 0.07 AC |
The 32,362 sqft site is currently undergoing the entitlement process with the City of San Diego for the following: 39 apartment units (4 affordable) with 2 ground floor retail units totaling 2,491 sqft and underground parking.
Description
A rare, coastal mixed-use redevelopment opportunity currently under entitlement for 39 residential units with 2,492 sqft of ground floor retail and underground parking. Centrally located along the Voltaire corridor in Point Loma/Ocean Beach- 1.5 miles to the sand, easy access on and off The Point & minutes to San Diego International Airport, Liberty Station, SeaWorld, Downtown, Old Town, Mission Bay, Little Italy and more. Current income producing retail center at 97% occupancy. Close on entitlement, expected late 2024, or earlier to collect the retail income. Rent roll and floor plans available upon request.
Presented by
4051 Voltaire - Voltaire Palms Plaza Development Opportunity
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