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OWNER-USER/INVESTOR OPPORTUNITY

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OWNER-USER/INVESTOR OPPORTUNITY 2969-2973 INDIA STREET, SAN DIEGO, CA 92103 $100,000 PRICE REDUCTION!
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Page 1: OWNER-USER/INVESTOR OPPORTUNITY

OWNER-USER/INVESTOR OPPORTUNITY2969-2973 INDIA STREET, SAN DIEGO, CA 92103

$100,000 PRICE REDUCTION!

Page 2: OWNER-USER/INVESTOR OPPORTUNITY

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

Page 3: OWNER-USER/INVESTOR OPPORTUNITY

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

Page 4: OWNER-USER/INVESTOR OPPORTUNITY

VIEW FROM SECOND FLOOR

Page 5: OWNER-USER/INVESTOR OPPORTUNITY

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

Page 6: OWNER-USER/INVESTOR OPPORTUNITY

SAN DIEGOAIRPORT

LITTLE ITALY

SANTA FE DEPOTTRANSIT CENTER

GASLAMP QUARTER

DOWNTOWN

BROADWAY PIER

HORTONPLAZA

BALBOAPARK

Primary

Southbound

Access to

Little Italy

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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

Page 7: OWNER-USER/INVESTOR OPPORTUNITY

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

Page 8: OWNER-USER/INVESTOR OPPORTUNITY

INDIA STREET

Page 9: OWNER-USER/INVESTOR OPPORTUNITY

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 | [email protected]

CARLOS GUTIERREZ | Lic. #01507102858.568.9105 | [email protected]

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


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