92107 Sunset Cliffs | Owner/User or Invest PT LOMA AVE
Owner User or investment opportunity
Marketing description
Commercially zoned with heavy foot traffic; units can be utilized for
retail/ office, residential and mixed use. Two level 4 bed/2 bath
upstairs units in a stand alone building, currently being used as
residential units. Downstairs has office/ retail space with a full
kitchen and hybrid space in the back. The building is just 1/2 a block
from the sunset cliffs beaches. Located within the Sunset Cliffs
neighborhood or Point Loma and Ocean beach neighborhood.
Superb location quickly growing with new restaurants, coffee
shops, fitness clubs and office buildings. Upper unit enjoys ocean
views and a private deck. Both units are completed with granite
counters, tile & hardwood floors. The zoning is CC-2-4. Parking on
site. Perfect for owner, user, SBA loan, 2-4 residential financing and /
or expansion for your perfect work/live property.
Investment highlights
858-598-3589
- Coastal Mixed-Use Investment with In-Place Income & Value-Add Upside
Offering Summary
4741 Point Loma Ave presents a rare opportunity to acquire a coastal mixed-use asset in the heart of Point Loma, just steps from Sunset Cliffs and surrounded by strong retail, residential, and tourism demand.
The property is currently secured by a master lease generating $9,200/month gross income through July 2027, including a 5% rental increase, offering investors a stable and predictable cash flow stream from day one.
In addition to in-place income, the asset provides significant upside through repositioning, re-tenanting, or owner-user conversion, making it ideal for investors, operators, or live/work buyers seeking flexibility in a high-demand coastal market.
Investment Highlights
- In-Place Income: Master lease at $9,200/month gross
- Lease Term: Through July 2027 with 5% increase
- Value-Add Potential: Re-lease at market (NNN), reposition, or owner-user conversion
- Short-Term Rental Upside: Upstairs unit projected at $5,000–$6,000/month
- Flexible Exit Strategies: Maintain tenant, vacate at close, or restructure lease
- Modern Construction: Built in 2016 (reduced capex vs older inventory)
- Prime Coastal Location: Steps to Sunset Cliffs, walkable to retail/dining
- Strong Demographics: High-income coastal submarket
Property Overview
- Address: 4741 Point Loma Ave, San Diego, CA
- Building Size: ±3,376 SF
- Configuration: Mixed-use (retail / office / residential / live-work)
- Parking: On-site + street
- Zoning: Commercial Mixed-Use (flexible applications)
The property is currently configured with:
- Ground floor retail/office suites
- Additional flex/workspace
- Upstairs residential/live-work unit (vacation rental potential)
Income & Upside Profile
The existing master lease structure provides immediate passive income, while allowing for future repositioning strategies, including:
- Conversion to market-rate leases (NNN structure)
- Expansion of short-term rental income
- Reconfiguration for owner-user occupancy
- Full building repositioning to maximize rent per SF
This dual structure offers investors a “covered land” play with near-term stability and long-term upside.
Flexibility at Close
The current tenant/operator (master lessee) is flexible and can:
- Remain in place (maintain income stream)
- Vacate at or prior to close
- Assist in leasing or repositioning strategy
⚖️ Disclosure
The listing agent is a principal in the transaction and holds a master lease and/or option to purchase interest in the property. The agent is offering for sale all or a portion of that interest and may realize a profit from the transaction. The agent is acting on their own behalf in this capacity.
Pricing
- Asking Price: Contact Broker
Guidance Range: CALL BROKER 858-598-3589
Opportunities to acquire coastal mixed-use assets with in-place income and flexible repositioning potential are limited. This offering provides a unique ability to secure current cash flow while unlocking additional value in a supply-constrained market.
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