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Investment Highlights

  • Current Income Property - 100% Occupancy
  • Central Point Loma/Ocean Beach location
  • Entitlement Approved for 39 units + retail + parking

Executive Summary

ENTITLEMENTS APPROVED!
The Neighborhood Development Permit has been obtained and approved for this rare, coastal mixed-use redevelopment opportunity entitled 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 100% occupancy- income listed in financial section + rent roll available upon request.
SUBMIT ALL OFFERS.

Financial Summary (Actual - 2025) 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 (Actual - 2025) 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

Price $13,595,001 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 0.07 AC
Cross Streets 4026-34 Wabaska Drive
Zoning C - Commercial

1 Lot Available

Lot

Price $13,595,001 CAD
Price Per AC $183,342,106.05 CAD
Lot Size 0.07 AC

ENTITLEMENT APPROVED with the City of San Diego for this 32,362 sqft site, 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 entitled 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- less than 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 100% occupancy. Rent roll and floor plans available upon request.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 29981431

  • Date on Market: 2023-11-06

  • Last Updated:

  • Address: 4051 Voltaire, San Diego, CA 92107

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