11
See all 11 photos
Listed by Mike Aon • Realty Executives Dillon
$4,000,000
Est. payment /mo
New
835 Thomas AVE San Diego, CA 92109
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2504300
Year Built 1960
Source California Regional MLS
Property Description
This incredible value-add opportunity in the heart of Pacific Beach is an amazing investment opportunity. This well-maintained 11-unit apartment building offers a mix of 8 studios, 2 one-bedroom units, and 1 two-bedroom unit on a 6,251 square foot R-3 zoned lot. Located just blocks from the beach and Garnet Avenue, the property boasts a Walk Score® of 91 and provides tenants with easy access to restaurants, shops, nightlife, and public transportation. Onsite amenities include 12 surface parking spaces, onsite laundry, and separate electric meters for each unit. The two-bedroom unit is currently vacant, offering immediate upside potential. With strong rental demand and below-market rents, this asset presents an excellent opportunity for investors looking to reposition a coastal multifamily property in one of San Diego's most desirable beach communities. See attached Memorandum in Documents.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Interior
Laundry Laundry Area, Community Facility
Exterior
Pool None
Building
Lot Description Grade - Level
Others
Tax ID 4231220700
Special Listing Condition Not Applicable
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