Listed by Commercial Asset Advisors
$3,750,000
3356 - 3368 2nd Avenue Owner/User Office Building
Details
Property Type Office
Sub Type Executive Office
Square Footage 6,844
NOI $157,349
Occupancy 51%
Price per SqFt $548
Buildings 2
Stories 2
Lot Size (SqFt) 10,890
Parking Spaces 20 spaces
Parking per 1,000 SqFt 2.92
Investment Type Owner/User
3356 - 3368 2nd Avenue, San Diego, CA 92103
Marketing description
Bankers Hill is a well-established, centrally located neighborhood recognized for its historic character and strong mix of office, dining, and neighborhood-serving retail uses. The adjacent Hillcrest submarket remains one of San Diego's most desirable areas for both residential and commercial real estate, supported by long-term demand drivers and historically stable property values.
The Bankers Hill Offices are strategically positioned with convenient access to North Park, Mission Bay, Pacific Beach, Old Town, Downtown San Diego, Mission Valley, and San Diego International Airport.
Investment highlights
- Two Buildings: 6,844 SF on 10,890 SF lot
- 20 On-Site Parking (Some covered) Rare!
- 22 Private Offices
- 5 Lobbies/Waiting Rooms
- Private, Gated Courtyard
- QuietRock Sound 'Proofing' Throughout the Premises
- Porch with Electronic Controlled Access
- Mills Act Tax Benefits
- 20 dedicated on-site parking spaces
- Secure coded entry system for tenants and visitors
- Outdoor deck area with seating
- Multiple porches, balconies, and patio courtyards throughout
- Mature landscaping with established flowering shrubs and trees
- Attractive turf paver surfaces
- Only 3 Spaces on Long Term Leases - Relocation Clauses within The Lease
- Property generates almost $309,000/year fully leased
- Prime Bankers Hill location - Highly walkable Uptown San Diego neighborhood (95 Walkscore)
- 5 Minute Drive to/from Downtown San Diego
- 8 Minute Drive to/from San Diego International Airport
- Located in a strong mixed-use corridor with solid residential and professional tenant demand
Listing Contacts
Listed by Commercial Asset Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$157,349.00
$13,112.42/mo
Valuation Metrics
0
DSCR
4.2%
Cap Rate
4.2%
ROI
Map
Zoning
RS-1-7 ResidentialSingle FamilyResidential Single Unit
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View all 192 uses
View all 192 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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