San Diego Retail for Sale - Old Twn/S Arena/Pt Loma
LOI PENDING - Commercially zoned with heavy foot traffic; units can be utilized for
retail/ office, residential, and mixed-use. Two level 4 bed/2 bath
upstairs units in a standalone building, currently being used as
residential units. Downstairs has office/ retail space with a full
kitchen and a hybrid space in the back. The building is just 1/2 a block
from the Sunset Cliffs beaches. Located within the Sunset Cliffs
neighborhood or the Point Loma and Ocean Beach neighborhood.
858-598-3589
? Coastal Mixed-Use Investment with In-Place Income & Value-Add Upside
Offering Summary
4741 Point Loma Ave presents a rare opportunity to acquire a coastal mixed-use asset in the heart of Point Loma, just steps from Sunset Cliffs and surrounded by strong retail, residential, and tourism demand.
The property is currently secured by a master lease generating $9,200/month gross income through July 2027, including a 5% rental increase, offering investors a stable and predictable cash flow stream from day one.
In addition to in-place income, the asset provides significant upside through repositioning, re-tenanting, or owner-user conversion, making it ideal for investors, operators, or live/work buyers seeking flexibility in a high-demand coastal market.
Investment Highlights
?In-Place Income: Master lease at $9,200/month gross
?Lease Term: Through July 2027 with 5% increase
?Value-Add Potential: Re-lease at market (NNN), reposition, or owner-user conversion
?Short-Term Rental Upside: Upstairs unit projected at $5,000–$6,000/month
?Flexible Exit Strategies: Maintain tenant, vacate at close, or restructure lease
?Modern Construction: Built in 2016 (reduced capex vs older inventory)
?Prime Coastal Location: Steps to Sunset Cliffs, walkable to retail/dining
?Strong Demographics: High-income coastal submarket
Property Overview
?Address: 4741 Point Loma Ave, San Diego, CA
?Building Size: ±3,376 SF
?Configuration: Mixed-use (retail / office / residential / live-work)
?Parking: On-site + street
?Zoning: Commercial Mixed-Use (flexible applications)
The property is currently configured with:
?Ground floor retail/office suites
?Additional flex/workspace
?Upstairs residential/live-work unit (vacation rental potential)
Income & Upside Profile
The existing master lease structure provides immediate passive income, while allowing for future repositioning strategies, including:
?Conversion to market-rate leases (NNN structure)
?Expansion of short-term rental income
?Reconfiguration for owner-user occupancy
?Full building repositioning to maximize rent per SF
This dual structure offers investors a “covered land” play with near-term stability and long-term upside.
Flexibility at Close
The current tenant/operator (master lessee) is flexible and can:
?Remain in place (maintain income stream)
?Vacate at or prior to close
?Assist in leasing or repositioning strategy
**Disclosure
The listing agent is a principal in the transaction and holds a master lease and/or option to purchase interest in the property. The agent is offering for sale all or a portion of that interest and may realize a profit from the transaction. The agent is acting on their own behalf in this capacity.
Pricing
?Asking Price: Contact Broker
?Guidance Range: CALL BROKER 858-598-3589
Opportunities to acquire coastal mixed-use assets with in-place income and flexible repositioning potential are limited. This offering provides a unique ability to secure current cash flow while unlocking additional value in a supply-constrained market.
Superb location, quickly growing with new restaurants, coffee
shops, fitness clubs and office buildings. Upper unit enjoys ocean
views and a private deck. Both units are completed with granite
counters, tile & hardwood floors. The zoning is CC-2-4. Parking on
site. Perfect for owner, user, SBA loan, 2-4 residential financing, and /
or expansion for your perfect work/live property.
858-598-3589
? Coastal Mixed-Use Investment with In-Place Income & Value-Add Upside
Offering Summary
4741 Point Loma Ave presents a rare opportunity to acquire a coastal mixed-use asset in the heart of Point Loma, just steps from Sunset Cliffs and surrounded by strong retail, residential, and tourism demand.
The property is currently secured by a master lease generating $9,200/month gross income through July 2027, including a 5% rental increase, offering investors a stable and predictable cash flow stream from day one.
In addition to in-place income, the asset provides significant upside through repositioning, re-tenanting, or owner-user conversion, making it ideal for investors, operators, or live/work buyers seeking flexibility in a high-demand coastal market.
Investment Highlights
?In-Place Income: Master lease at $9,200/month gross
?Lease Term: Through July 2027 with 5% increase
?Value-Add Potential: Re-lease at market (NNN), reposition, or owner-user conversion
?Short-Term Rental Upside: Upstairs unit projected at $5,000–$6,000/month
?Flexible Exit Strategies: Maintain tenant, vacate at close, or restructure lease
?Modern Construction: Built in 2016 (reduced capex vs older inventory)
?Prime Coastal Location: Steps to Sunset Cliffs, walkable to retail/dining
?Strong Demographics: High-income coastal submarket
Property Overview
?Address: 4741 Point Loma Ave, San Diego, CA
?Building Size: ±3,376 SF
?Configuration: Mixed-use (retail / office / residential / live-work)
?Parking: On-site + street
?Zoning: Commercial Mixed-Use (flexible applications)
The property is currently configured with:
?Ground floor retail/office suites
?Additional flex/workspace
?Upstairs residential/live-work unit (vacation rental potential)
Income & Upside Profile
The existing master lease structure provides immediate passive income, while allowing for future repositioning strategies, including:
?Conversion to market-rate leases (NNN structure)
?Expansion of short-term rental income
?Reconfiguration for owner-user occupancy
?Full building repositioning to maximize rent per SF
This dual structure offers investors a “covered land” play with near-term stability and long-term upside.
Flexibility at Close
The current tenant/operator (master lessee) is flexible and can:
?Remain in place (maintain income stream)
?Vacate at or prior to close
?Assist in leasing or repositioning strategy
?? Disclosure
The listing agent is a principal in the transaction and holds a master lease and/or option to purchase interest in the property. The agent is offering for sale all or a portion of that interest and may realize a profit from the transaction. The agent is acting on their own behalf in this capacity.
Pricing
?Asking Price: Contact Broker
?Guidance Range: CALL BROKER 858-598-3589
Opportunities to acquire coastal mixed-use assets with in-place income and flexible repositioning potential are limited. This offering provides a unique ability to secure current cash flow while unlocking additional value in a supply-constrained market.
