Post on 18-Dec-2021
transcript
OWNER-USER/INVESTOR OPPORTUNITY2969-2973 INDIA STREET, SAN DIEGO, CA 92103
$100,000 PRICE REDUCTION!
PROPERTY HIGHLIGHTSRARE OWNER-USER / INVESTOR OPPORTUNITY WITH INDIA STREET ADDRESS 1,608 SF building with potential to add more square footage.
HIGH FUNCTION SPACE + PARKING Four (4) parking stalls and vaulted ceilings.
FUTURE DEVELOPMENT OPPORTUNITY CC-3-4 allows 5-units and potentially a 2nd Floor above existing structure.
IDENTITY & VISIBILITY 116’ feet of India Street frontage!
3,884 SF LOT SQUARE FEET
1,608 SF BUILDING SQUARE FEET
$1,100,000 SALE PRICE
INDIA STREET
BUILDING SF: 1,608 SF
LOT SF: 3,884 SF
STORIES: One (1)
APN: 451-634-18
DENSITY: 1 DU/1,500 SF
ZONING: CC-3-4
YEAR BUILT: 1975
PARKING: Four Stalls
STREET FRONTAGE: 116’ on India
VIEW FROM SECOND FLOOR
3104 4TH AVENUE 3585 4TH AVENUE 3714 4TH AVENUE 1858 SAN DIEGO AVENUE 901-915 WEST WASHINGTON STREET
SQUARE FEET 2,642 SF SQUARE FEET 1,800 SF SQUARE FEET 2,822 SF SQUARE FEET 2,096 SF SQUARE FEET 2,772 SF
SALE PRICE $1,585,000 SALE PRICE $2,000,000 SALE PRICE $1,600,000 SALE PRICE $1,650,000 SALE PRICE $2,100,000
PRICE/SF $599.92 PRICE/SF $1,111.11 PRICE/SF $566.97 PRICE/SF $ 787.21 PRICE/SF $757.58
CAP RATE N/A CAP RATE N/A CAP RATE N/A CAP RATE N/A CAP RATE N/A
ZONING 6 ZONING C ZONING CL-6 ZONING CL-6 ZONING CC-3-8
SALE DATE 06/01/2018 SALE DATE 08/30/2019 SALE DATE 08/19/2020 SALE DATE 12/04/2018 SALE DATE 03/22/2018
SALE TYPE USER SALE TYPE USER SALE TYPE USER SALE TYPE USER SALE TYPE USER
SALE COMPARABLES
VIEW FROM SECOND FLOOR
AVERAGE $/SF: $764
SAN DIEGOAIRPORT
LITTLE ITALY
SANTA FE DEPOTTRANSIT CENTER
GASLAMP QUARTER
DOWNTOWN
BROADWAY PIER
HORTONPLAZA
BALBOAPARK
Primary
Southbound
Access to
Little Italy
PA
CIF
IC H
WY
PAC
I F I C H
WY
L A U R E L S T
H A W T H O R N S T
G R A P E S T
E L M S T
SIX
TH
AV
E
11
TH
AV
E
FR
ON
T S
T
1ST AVEN
UE
STATE STREET
KETTNER BO
ULEVA
RD
UN
ION
STREET
1S
T A
VE
IND
IA S
T
CO
LU
MB
IA S
T
C E D A R S T
A S H S T
A S T
B R O A D W AY
M A R K E T S T
KE
TT
NE
R B
LVD
Park
Blvd
WATERFRONT PARK
SAN DIEGO
ZOO
DEVIL’S DOZEN DONUT SHOP
MUSEUM OF CONTEMPORARY ART
CIVIC THEATRE
JAMES COFFEE CO.
POKIRRITO
RAKIRAKI RAMEN
BALLAST POINT BREWERY
BIRD ROCK COFFEE ROASTERS
SAN DIEGOCELLARS
UNDERBELLY
BENCOTTOMONELLO
BORN & RAISEDBARBUSA
CUCINA URBANA
HACHI RAMEN
MISTER A’s
CLOAK & PETAL
CAFE GRATITUDE
IRONSIDE FISH & OYSTER
BANKERS HILL
CRAFT & COMMERCEFALSE IDOL
KARL STRAUSSBREWING COMPANY
BALBOA THEATRE
HOUSE OF BLUES
DONUT BAR
QUEENSTOWN PUBLIC HOUSE
LOFTY COFFEE
WATERFRONT BAR
KETTNER EXCHANGE
HERB & WOOD
JUNIPER & IVYCRACK SHACK
SHINO SUSHI + KAPPO PASSPORT AGENCY
SOLELUNA CAFE
5
5
COUNTY ADMINISTRATION
RUTH CHRIS
PORTSIDE PIER
CARNITASSNACK SHACK
COUNTY & FEDERAL SUPERIOR COURTHOUSE
US DISTRICT COURT
US BANKRUPCTY
COURT
SOCIAL SECURITY ADMINISTRATION
2969-2973 INDIA STREET
1.1 MILESBALBOA PARK
1.2 MILESLITTLE ITALY
1.9 MILESSAN DIEGO INTL AIRPORT
3.8 MILESSAN DIEGO ZOO
CLOSE TO EVERYTHING
SAN DIEGOAIRPORT
LITTLE ITALY
SANTA FE DEPOTTRANSIT CENTER
GASLAMP QUARTER
DOWNTOWN
BROADWAY PIER
HORTONPLAZA
BALBOAPARK
Primary
Southbound
Access to
Little Italy
PA
CIF
IC H
WY
PAC
I F I C H
WY
L A U R E L S T
H A W T H O R N S T
G R A P E S T
E L M S T
SIX
TH
AV
E
11
TH
AV
E
FR
ON
T S
T
1ST AVEN
UE
STATE STREET
KETTNER BO
ULEVA
RD
UN
ION
STREET
1S
T A
VE
IND
IA S
T
CO
LU
MB
IA S
T
C E D A R S T
A S H S T
A S T
B R O A D W AY
M A R K E T S T
KE
TT
NE
R B
LVD
Park
Blvd
WATERFRONT PARK
SAN DIEGO
ZOO
DEVIL’S DOZEN DONUT SHOP
MUSEUM OF CONTEMPORARY ART
CIVIC THEATRE
JAMES COFFEE CO.
POKIRRITO
RAKIRAKI RAMEN
BALLAST POINT BREWERY
BIRD ROCK COFFEE ROASTERS
SAN DIEGOCELLARS
UNDERBELLY
BENCOTTOMONELLO
BORN & RAISEDBARBUSA
CUCINA URBANA
HACHI RAMEN
MISTER A’s
CLOAK & PETAL
CAFE GRATITUDE
IRONSIDE FISH & OYSTER
BANKERS HILL
CRAFT & COMMERCEFALSE IDOL
KARL STRAUSSBREWING COMPANY
BALBOA THEATRE
HOUSE OF BLUES
DONUT BAR
QUEENSTOWN PUBLIC HOUSE
LOFTY COFFEE
WATERFRONT BAR
KETTNER EXCHANGE
HERB & WOOD
JUNIPER & IVYCRACK SHACK
SHINO SUSHI + KAPPO PASSPORT AGENCY
SOLELUNA CAFE
5
5
COUNTY ADMINISTRATION
RUTH CHRIS
PORTSIDE PIER
CARNITASSNACK SHACK
COUNTY & FEDERAL SUPERIOR COURTHOUSE
US DISTRICT COURT
US BANKRUPCTY
COURT
SOCIAL SECURITY ADMINISTRATION
ZONING DATA
Zoning Data CC-3-4
Max FAR 2.5
Height Limit 30'
Allowable Density 1 DU/1,500 SF
SITE/PROPERTY DATA
Site Area 4,195
Max Buildable Area 10,487
Density 1,500/SF
AFFORDABLE CALCULATION
% Affordable 15%
Unit Provided 1 unit
Density Bonus 50%
DEVELOPMENT DATA
Site 4,195
Allowable Density 1,500/SF
Base Units 3
Density Bonus 50%
Total Allowable Units 5
INDIA STREET
Licensed as Real Estate Brokers by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2021 Voit Real Estate Services, Inc.
RYAN KING, CCIM | Lic. #01885401858.458.3322 | rking@voitco.com
CARLOS GUTIERREZ | Lic. #01507102858.568.9105 | carlossellssandiego@gmail.com
4180 La Jolla Village Drive, Suite 100, La Jolla, CA 92037 | 858.453.0505 | 858.408.3976 Fax | CA Broker Lic. #01991785 | www.voitco.com