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Pacific Beach (san Diego), CA 92109,2176 Thomas Ave.
Pacific Beach (san Diego), CA 92109,2176 Thomas Ave.
Pacific Beach (san Diego), CA 92109,2176 Thomas Ave.
$2,050,000
Est. payment /mo
$2,100,000
2.4%
Est.Price: ?

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3,118 Sqft Lot
SOLD DATE : 01/16/2024

Key Details

Sold Price $2,050,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 230022347SD

Lot Size 3,118 Sqft

Property Description

The Thomas Avenue Apartment Homes is a 6 unit property located in the Crown Point submarket of Pacific Beach, CA. Pacific Beach is considered one of the strongest rental markets in San Diego County, with great demand for apartment rentals. Historical occupancy in this sub-market is estimated to be approximately 97% - 100% and rental rates continue to rise. This vibrant and centrally located beach community offers excellent access to Interstate 5 and Interstate 8 freeways, which connect to every major employment center in the greater San Diego area. The subject property was built in 1956 and is comprised of six studio units with approximate square footages ranging from 300 sq. ft to 400 sq. ft. Four of the six units have been completely remodeled within the last several years. Improvements include but are not limited to new kitchens, new bathrooms, new vinyl plank flooring, and addition of private patios. The property also has on site laundry with owned equipment and several common area outdoor spaces. The owner is a CA licensed real estate broker.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Zoning R-3

Interior

Heating Wall Furnace

Exterior

Roof Type Composition

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California Regional MLS (CRMLS)
Listed by Matt Robinson • MD Real Estate, Inc
Bought with Anna Hom • FOSTER HAMILTON Real Estate Co
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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