4475 Mission Blvd Unit 1 San Diego, CA 92109
Pacific Beach NeighborhoodEstimated payment $178,433/month
Highlights
- Ocean View
- 1.43 Acre Lot
- The community has rules related to allowing live work
- Pacific Beach Elementary School Rated A-
- Corner Lot
- West of 5 Freeway
About This Lot
DO NOT DISTURB THE TENANTS This coastal property is made up of various restaurants and office space, with a total building size of 38,103 square feet. Downstairs you will find three restaurants, a clothing store and the 7,100 vacant retail space that was previously occupied by Sketchers. All of the ground floor leases are on triple net lease agreements. Upstairs is filled with about 45 executive offices, an onsite manager, a printing room and a large conference room. The executive suites all have less than one year left on the term of their lease. Some of the offices have interior views of the ground floor anchor retail space and some of the offices have views of Garnet Avenue and the ocean. The total land size of the 6 parcels totals 62,500 square feet, or 1.43 acres of land. Due to the land’s proximity to the ocean and Crystal Pier, the parking generates a tremendous amount of income across 121 parking spaces. This is an excellent opportunity for an Owner-User to relocate their headquarters at this amazing location with tremendous signage amongst strong foot and vehicle traffic. A company can occupy over 18,000 square feet of space or more than 51% of the building size, which qualifies for SBA Financing. An investor can reposition the Seacoast Center by leasing out the vacant spaces, improving the parking lot and gradually raising rents over time. A developer can collect a decent return on investment while entitling the property into a mixed- use development.
Property Details
Property Type
- Land
Est. Annual Taxes
- $64,920
Year Built
- 1960
Lot Details
- 1.43 Acre Lot
- Corner Lot
- Level Lot
- Sprinkler System
- Property is zoned CC-4-2
Utilities
- Underground Utilities
- Gas Available
- Phone Available
- Cable TV Available
Additional Features
- Ocean Views
- West of 5 Freeway
Community Details
- Association Phone (858) 717-1697
- The community has rules related to allowing live work
Listing and Financial Details
- Assessor Parcel Number 423-044-09-00; 10
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $64,920 | $5,248,069 | $2,725,104 | $2,522,965 |
| 2023 | $63,459 | $5,145,167 | $2,671,671 | $2,473,496 |
| 2022 | $61,778 | $5,044,283 | $2,619,286 | $2,424,997 |
| 2021 | $61,335 | $4,945,377 | $2,567,928 | $2,377,449 |
| 2020 | $60,581 | $4,894,670 | $2,541,598 | $2,353,072 |
| 2019 | $59,505 | $4,798,697 | $2,491,763 | $2,306,934 |
| 2018 | $55,633 | $4,704,605 | $2,442,905 | $2,261,700 |
| 2017 | $54,312 | $4,612,358 | $2,395,005 | $2,217,353 |
| 2016 | $53,456 | $4,521,921 | $2,348,045 | $2,173,876 |
| 2015 | $52,662 | $4,453,999 | $2,312,776 | $2,141,223 |
| 2014 | $51,828 | $4,366,752 | $2,267,472 | $2,099,280 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | For Sale | $31,000,000 | 0.0% | -- |
| 04/01/2025 04/01/25 | Off Market | $31,000,000 | -- | -- |
| 09/23/2024 09/23/24 | For Sale | $31,000,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Partnership Grant Deed | $8,910,000 | First American Title Co | |
| Grant Deed | $387,500 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $6,000,000 | Commercial | |
| Closed | $6,000,000 | Commercial | |
| Previous Owner | $5,400,000 | Commercial | |
| Previous Owner | $3,000,000 | Commercial |
Source: San Diego MLS
MLS Number: 240022598
APN: 423-044-01
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