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5220 Cass St
Coastal South San Diego 92109

$2,900,000
Com-Off/Rtl/Ind 11,279 sq. ft. built: 1948

Main Photo: Property for sale: 5220 Cass St in San Diego
Photo 1: Property for sale: 5220 Cass St in San Diego
Photo 2: Property for sale: 5220 Cass St in San Diego
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Photo 6: Property for sale: 5220 Cass St in San Diego
Status:
Active
Prop. Type:
Com-Off/Rtl/Ind
MLS® Num:
210000440
Commercial Appraisal Report Completed in March Call Agent to review. Commercial Building and a Single Family Home walking distance to the beach! This property has not been on the market in over 35 years. Large corner lot with a “Excellent Drive-By Exposure”; situated on two famous streets in Pacific Beach (Cass & Turquoise). Lot is approximately 11,279sq/ft and boarders La Jolla and North Pacific Beach. The automotive tenant occupies the front lot with a building consisting of 3 auto bays; an office, a large front fenced 12 car parking lot and a secondary smaller back fenced lot. The “renovated” 1,338sq/ft 3-bedroom, 1.5 bathrooms residence has its own address (5220 Cass Street) and comes with a small fenced front and backyard along with 2 Off Street Parking Spaces. The Lot abuts the back alley for a third access point. Both tenants have lower than market value rents for a value add to new owner or possibly a redevelopment location. Close to shops, stores, deli, restaurants and public transportation. Located in the heart of Pacific Beach.
Rental Amount:
7325
Tenant pays:
Electricity, Gas/Propane, Trash, Water, Other/Remarks
Price Includes:
Building, Land, Leases, Other/Remarks
Price Per SqFt:
1140.0
Total Floor Area:
11,279 sq. ft.
Lot Size:
11,325.6 sq. ft.
Lot Size Commercial:
.25 through .50 Acres
Lot Details:
144x78
Stories:
1 Story
Num Stories:
1
County:
San Diego
Market Area:
Coastal South
Neighboring Business Types:
Arco Market/Gas 985 Turquoise, Deli Heidi's 980 Turquoise St., Bakery French 960 Turquoise St
Parking:
12 spots
Flood Zone:
Hazard Unknown
Geological Hazard Zone:
Hazard Unknown
Unit Number for Unit 1:
986
Finished Area for Unit 1:
2,200 sq. ft.
Unit 1 Lease Expires:
09/2029
Total Rent for Unit 1:
3012.0
Unit Number for Unit 2:
5220
Finished Area for Unit 2:
1,338 sq. ft.
Unit 2 Lease Expires:
month to month
Total Rent for Unit 2:
2200.0
Short Sale:
No
Listing Type:
Exclusive Right (R)
Special:
Other/Remarks
Zoning:
COMMERCIAL
Number of Buildings:
2
Number of Units:
2
Terms:
Other/Remarks
Construction Material:
Block, Brick, Concrete
Cooling:
None
Heating:
Other/Remarks
Roof:
Rock/Gravel
Sales Restrictions:
Call Agent
Parcel Number:
415-172-13-00
Gross scheduled income:
58594.0
Operating expense:
56808
Existing Financing:
Other/Remarks
Financial Information Source:
Other/Remarks
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Listed by Discovery Property Group, Inc.
Data was last updated September 20, 2021 at 05:10 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,800,000
Min list price:
$750
Max list price:
$4,995,000
Avg days on market:
256
Min days on market:
6
Max days on market:
1,187
Avg price per sq.ft.:
$257.11
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego Multiple Listing Service, Inc.