3946 La Salle St, San Diego, CA — $1,650,000

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About this home

Rare opportunity in one of San Diego's hottest redevelopment corridors. This two-structure property delivers strong cash flow today with significant upside for tomorrow.The front building offers 750 sq ft of prime street-facing space, ideal for retail or office use. Behind it sits a versatile 1,800 sq ft open shop area, perfect for a wide range of commercial or industrial uses. Situated on the edge of Point Loma, this location puts you minutes from Mission Beach, Ocean Beach, and Point Loma proper, with the vibrant Midway District just a short walk away.Whether you're an investor seeking immediate income or a developer eyeing future potential, this property checks every box.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk

🏷 Last sold$495,000 · Oct 1990

📋 Assessed value$432,315

💵 Annual tax$5,333

🏫 School districtSan Diego City Unified School District

MLS #260017549

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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VA loan (no PMI)

Estimated total monthly payment

$10,337

Principal & interest$8,343

Property tax$1,513

Home insurance$481

Down payment: $330,000Loan: $1,320,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.