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Sold for $4,030,000 on 07/18/25
  • Listing Provided by: 

    Mike Aon DRE #01300658 Mike@theaongroup.com,

    Realty Executives Dillon

    $4,030,000

    835 Thomas Ave, San Diego, CA 92109

    4beds
    12baths
    6,050sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $4,029,100 Zestimate®
    $666/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 18, 2025 at 05:12pm

    Listing Provided by:

    Mike Aon DRE #01300658 Mike@theaongroup.com,

    Realty Executives Dillon

    Bought with:

    John Gerro, DRE #00473175

    JOHN M. GERRO

    Source: CRMLS,MLS#: PTP2504300MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 12
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,050
    • Total interior livable area: 6,050 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground level and second level
    • Pool features: None
    Lot
    • Size: 6,098 sqft
    • Features: 11-15 Units/Acre, Near Public Transit, Street Level
    Details
    • Parcel number: 4231220700
    • Zoning: R-3:RESTRICTED MULTIPLE
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Community & neighborhood

    Community
    • Community features: Street Lights, Sidewalks
    Location
    • Region: San Diego

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $4,029,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $4,029,100