835 Thomas Avenue new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92109
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,050 sqft
Price per Sqft $661
MLS Listing ID CRPTP2504300
Year Built 1960
Lot Size 6,098 Sqft
Property Sub-Type Other
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
Zoning R-3:
Interior
Laundry Common Area,Other
Building
Lot Description Level,Other
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2504300