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Key Details
Sold Price $2,925,000
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 5,194 sqft
Price per Sqft $563
MLS Listing ID 250034646
Sold Date 10/15/25
Bedrooms 3
Lot Size 6,237 Sqft
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
The Thomas Avenue Apartment Homes is a well-maintained 8-unit community in the highly sought-after Pacific Beach rental market. Situated on a 6,237-square-foot lot, the property features seven spacious 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Residents enjoy a peaceful, well-kept courtyard, five on-site parking spaces, and a convenient on-site laundry facility with leased equipment. Upstairs units boast charming exposed beam ceilings, while the entire property benefits from newer dual-pane vinyl windows and a pitched roof. Most unit interiors have been upgraded with newer flooring and refreshed kitchens and bathrooms. With its prime location just minutes from the beach, vibrant dining, shopping, and outdoor recreation, The Thomas Avenue Apartment Homes offer an attractive lifestyle for tenants seeking a balance of coastal living and urban convenience. The property has been well maintained over the years, yet a strategic value-add opportunity exists to modernize the interiors and further enhance rental income.
Location
State CA
County San Diego
Community Other/Remarks
Area Coastal South
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 5
Building
Story 2
Others
Tax ID 4242011500
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Bought with Conor M Brennan Marcus & Millichap
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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