835 Thomas Avenue, San Diego, CA 92109 - MLS#PTP2504300

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Nicole Hazelton

[email protected] +1(619) 206-1892

$4,000,000

Est. payment - /mo

2 Beds

4 Baths

6,098 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2504300

Bedrooms 2

HOA Y/N No

Lot Size 6,098 Sqft

Property Sub-Type Res Income 2-4 Units

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 Diegos most desirable beach communities. See attached Memorandum in Documents.
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 Diegos most desirable beach communities. See attached Memorandum in Documents.

Location

State CA

County San Diego

Area Pacific Beach (92109)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $2,700

Listing Terms Cash, Conventional

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Listed by Mike Aon • Realty Executives Dillon

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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835 Thomas Avenue San Diego, CA 92109

Nicole Hazelton

Key Details

Location

Building

Others

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