Ampudia Street
Commercial  Building

3886

Mixed Commercial Building

Results

PROPERTY HIGHLIGHTS

SPECS

4,862

SELLING PRICE

LOT SIZE

SCHEDULE A FREE CONSULT

2,962

SQ FT

  • Secured the property at $1,729,000, a reduction of over $700,000 from the original $2.5 million list price.

  • Achieved additional repair credits of $21,477.

  • Clients acquired a unique, multi-use property at a below-market price with potential for rezoning into their business vision.

  • Sale generated media attention with a local news article covering the transaction.

  • Successfully negotiated a higher commission structure while still creating a win-win for all parties.

Challenge

  • Buyer wanted a very specific property: commercial space that could be rezoned for an escape room, with a loft apartment and office space included. Needed to find a unique property in San Diego’s Old Town that fit both the business model and residential needs.

  • Buyers were highly analytical engineers and software developers, requiring a fully data-driven approach.

  • Seller listed the property at $2.5 million, well above market value for the intended use.

Solution

  • Located a one-of-a-kind property, formerly a photography studio with a loft, meeting both commercial and residential requirements.

  • Conducted extensive due diligence including inspections for plumbing, HVAC, termite, roof, siding, permits, and zoning.

  • Connected clients with a zoning specialist to assess and facilitate the possibility of rezoning for an escape room.

  • Researched and presented both lease comps and sales comps in Old Town to justify lower pricing.

  • Negotiated strategically:

  • Began with a significantly lower offer to anchor negotiations.

  • Structured the offer as cash with quick closing terms to make it highly appealing despite the lower price.

  • Positioned the negotiation to secure $21,477 in repair credits on top of price reduction.

  • Negotiated effectively with both the sellers and buyers to reach agreement.

$1,720,000

“I would give nothing but the highest review and recommendation in all categories for Jessica. She sold my home as well as the purchase of my new home within 30 days for beyond the asking price. Both transactions were handled with the utmost of ease.”

JEANINE BAGUETTE