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17738628
17738629

828 Fifth Ave, San Diego, CA 92101

AV
CA 01980677
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$5,000,000
766 days on market
Updated 21 days ago

828-836 5TH AVE

Details
APN 533-576-08-00, 533-576-09-00
Property Type Mixed Use, Office (+1)
Sub Type Bar, Executive Office (+1)
Square Footage 8,729
Units 3
Cap Rate 6.38%
NOI $319,040
Price per SqFt $573
Year Built 1895
Year Renovated 2001
Investment Type Value Add

Mixed Use | 6.38% CAP | 8,729 SF

Marketing description

PROPERTY HIGHLIGHTS

» 2-Story Mixed Use Building – 8,729 SF – 85% Leased

» 1st Floor – Sadaf Restaurant & Casa Balance Restaurant – Average Rent $5.73 / SF NNN

» Expiration – April 2026 and June 2026 – No Remaining Options

» 2nd Floor – 12 Executive Office Units – 9/12 Leased to Architecture Firm

» Expiration is April 2025 – 1 5-Year Fair Market Option

Investment highlights

» Twofold Value-Add Approach – Restaurant Tenant’s are 15% Below Market Rent, Increase in 2026

» Current Office Layout can be converted to Creative Office with Higher Rent & Single Tenancy

Listing Contacts

AV
CA 01980677
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$319,040.00
$26,586.67/mo

Valuation Metrics

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DSCR
6.38%
Cap Rate
6.38%
ROI

Map

Zoning

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GQPD-GASLAMP-QTR PlannedGaslamp Quarter Planned District
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View all 79 uses
View all 79 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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