Keegan Cin | Realtor® | License # DRE 01971604

Property

San Diego, CA 92109 835 Thomas Avenue

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Presented By: Mike Aon with Realty Executives Dillon;
  • MLS# PTP2504300
  • 05/27/2025
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  • Beds • 2

Home Details

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.
Presented By: Mike Aon with Realty Executives Dillon;

Interior Features for 835 Thomas Avenue

Bedrooms

Unit 1 # Bedrooms2
Unit 2 # Bedrooms0
Unit 3 # Bedrooms
Unit 4 # Bedrooms

Bathrooms

Unit 1 # Total Baths1
Unit 2 # Total Baths1
Unit 3 # Total Baths1
Unit 4 # Total Baths1

Other Interior Features

# of Units w/Range/Oven11
# of Units w/Refrigerator11
# of Units w/Washers
Units w/Cooling

General for 835 Thomas Avenue

CFD/Mello-Roos Fee0.0
HOA Fee$0.0
NeighborhoodPacific Beach
Number Of Units Total11
Sale/RentFor Sale
SiteSidewalks
Stories2 Story
TermsCash, Conventional
TopographyLevel
ZoningAssessor

Exterior for 835 Thomas Avenue

# of Units w/Patios
Number of Buildings1
PoolN/K

Additional Details

Price History

Justin Hughey

Price $4,000,000
MLS#PTP2504300
List Date 05/27/2025
Property Type Multi-Family
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