Government
Trophy Coastal San Diego Property Leased to USPS | 60+ Year Hist. Occupancy & Recent Lease Extension
4833 Santa Monica Ave, San Diego, CA 92107
Listing Price: $5,200,000
Investment Overview
Ocean Beach is one of San Diego’s most established and supply-constrained coastal communities, known for its distinct neighborhood identity, strong residential base, and long-term real estate stability. Located just west of Point Loma and minutes from Downtown San Diego, Ocean Beach benefits from immediate coastal proximity while remaining closely connected to major employment, retail, and transportation corridors throughout the region.
The area is characterized by a dense mix of single-family residences, low-rise apartments, and neighborhood-serving commercial uses that generate consistent, year-round activity. Unlike resort-oriented beach communities, Ocean Beach functions as a true residential neighborhood, supporting daily needs retail, service uses, and essential infrastructure. This dynamic contributes to steady demand that is less dependent on seasonal tourism cycles.
Ocean Beach’s real estate fundamentals are reinforced by exceptional barriers to entry. Coastal zoning regulations, limited developable land, and strong community oversight significantly restrict new construction, preserving the value of existing infill properties. As a result, commercial real estate within Ocean Beach experiences limited turnover and sustained demand, particularly for well-located neighborhood retail sites.
The submarket also benefits from proximity to major regional destinations including Mission Bay, Liberty Station, Downtown San Diego, and San Diego International Airport, all accessible within a short drive. Nearby anchored shopping centers and established retail corridors further enhance daily traffic patterns and reinforce Ocean Beach as a proven commercial node within the coastal trade area.
Trophy Coastal San Diego Property Leased to USPS | 60+ Year Hist. Occupancy & Recent Lease Extension
Investment Highlights
- 60+ Year Historical Occupancy and Recent Lease Extension Demonstrates a Strong Commitment to the Location.
- Prime Ocean Beach Infill Location - Located in the Heart of Ocean Beach, One of San Diego's Most Supply-constrained Coastal Submarkets, Surrounded by Established Residential Density.
- Nationwide Essential-Service Platform w/ Unmatched Scale and Reach - the United States Postal Service Serves Every U.S. Address, operates 34k+ Locations & Generates over $80.5B in Annual Revenue.
- Strong Corporate Guaranty Backed by the United States Government - the Property benefits from a Corporate Guaranty from the United States Postal Service, an Independent Federal Entity Backed by the U.S. Government w/ an S&P Credit Rating of AA+.
- Asset w/ Significant Barriers to Entry - Ocean Beach Zoning Restrictions, Limited Developable Land, and Strict Coastal Regulations make Comparable Sites Virtually Impossible to Replicate, preserving Long-term Scarcity and Downside Protection.
- Strong Local Population Growth and Demand Drivers - Densely Populated and Affluent San Diego Location: Features an Average Household Income of more than $126k and Over 186k People Residing within a 5-Mile Radius.
- Consistent Daytime, Evening, and Weekend Activity Drivers - Nearby Retail, Dining, Service Uses, and Residential Density Support Steady Activity Throughout the Day and Week, Enhancing Real Estate Durability.
- Minutes from the US/Mexican Border (San Ysidro Port of Entry) - Major International Gateway and Reported Busiest Land Border Crossing in World (90k+ Vehicle & Pedestrian Crossings Daily). Projected to have an 87% Increase in Vehicle Traffic by 2030. Ocean Beach Functions as a True Residential Neighborhood, supporting Daily Needs Retail, Service Uses, and Essential Infrastructure. This Dynamic Contributes to Steady Demand that is Less Dependent on Seasonal Tourism Cycles.
Exclusively Listed By
Government
Trophy Coastal San Diego Property Leased to USPS | 60+ Year Hist. Occupancy & Recent Lease Extension
Listing Price: $5,200,000
Investment Highlights
- 60+ Year Historical Occupancy and Recent Lease Extension Demonstrates a Strong Commitment to the Location.
- Prime Ocean Beach Infill Location - Located in the Heart of Ocean Beach, One of San Diego's Most Supply-constrained Coastal Submarkets, Surrounded by Established Residential Density.
- Nationwide Essential-Service Platform w/ Unmatched Scale and Reach - the United States Postal Service Serves Every U.S. Address, operates 34k+ Locations & Generates over $80.5B in Annual Revenue.
- Strong Corporate Guaranty Backed by the United States Government - the Property benefits from a Corporate Guaranty from the United States Postal Service, an Independent Federal Entity Backed by the U.S. Government w/ an S&P Credit Rating of AA+.
- Asset w/ Significant Barriers to Entry - Ocean Beach Zoning Restrictions, Limited Developable Land, and Strict Coastal Regulations make Comparable Sites Virtually Impossible to Replicate, preserving Long-term Scarcity and Downside Protection.
- Strong Local Population Growth and Demand Drivers - Densely Populated and Affluent San Diego Location: Features an Average Household Income of more than $126k and Over 186k People Residing within a 5-Mile Radius.
- Consistent Daytime, Evening, and Weekend Activity Drivers - Nearby Retail, Dining, Service Uses, and Residential Density Support Steady Activity Throughout the Day and Week, Enhancing Real Estate Durability.
- Minutes from the US/Mexican Border (San Ysidro Port of Entry) - Major International Gateway and Reported Busiest Land Border Crossing in World (90k+ Vehicle & Pedestrian Crossings Daily). Projected to have an 87% Increase in Vehicle Traffic by 2030. Ocean Beach Functions as a True Residential Neighborhood, supporting Daily Needs Retail, Service Uses, and Essential Infrastructure. This Dynamic Contributes to Steady Demand that is Less Dependent on Seasonal Tourism Cycles.
Investment Overview
Ocean Beach is one of San Diego’s most established and supply-constrained coastal communities, known for its distinct neighborhood identity, strong residential base, and long-term real estate stability. Located just west of Point Loma and minutes from Downtown San Diego, Ocean Beach benefits from immediate coastal proximity while remaining closely connected to major employment, retail, and transportation corridors throughout the region. The area is characterized by a dense mix of single-family residences, low-rise apartments, and neighborhood-serving commercial uses that generate consistent, year-round activity. Unlike resort-oriented beach communities, Ocean Beach functions as a true residential neighborhood, supporting daily needs retail, service uses, and essential infrastructure. This dynamic contributes to steady demand that is less dependent on seasonal tourism cycles. Ocean Beach’s real estate fundamentals are reinforced by exceptional barriers to entry. Coastal zoning regulations, limited developable land, and strong community oversight significantly restrict new construction, preserving the value of existing infill properties. As a result, commercial real estate within Ocean Beach experiences limited turnover and sustained demand, particularly for well-located neighborhood retail sites. The submarket also benefits from proximity to major regional destinations including Mission Bay, Liberty Station, Downtown San Diego, and San Diego International Airport, all accessible within a short drive. Nearby anchored shopping centers and established retail corridors further enhance daily traffic patterns and reinforce Ocean Beach as a proven commercial node within the coastal trade area.
Exclusively Listed By
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