$2,395,000
PENDING

Estimated payment $15,005/month

Total Views 3,833
7 Beds
4 Baths
2,715 Sq Ft
$882 Price per Sq Ft

About This Home

Rare opportunity to own 3 well-maintained units in excellent condition just minutes from the beach! All units are tenant-occupied with established renters and professional management in place, offering immediate income and peace of mind. Two units feature private patios, while the third enjoys pleasant views. Residents share a stackable coin operated speed queen washer and dryer installed in 2024, plus 6 parking spaces within the property. Includes a storage container for owner’s use. Set on a quiet street with attractive curb appeal, the property delivers strong rents with room for future upside. Brand new roofs gutters. Each unit has it’s own dishwasher. A turnkey investment in a prime coastal lifestyle location! VA & FHA loan potential.

Listing Agent

Miguel Nunez

Keller Williams Realty License #01220521 Listed on: 10/08/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,240 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • 2,715 Sq Ft Home
  • Composition Roof
  • Stucco

Additional Features

  • 7 Bedrooms
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Pacific Beach Community
  • Pacific Beach Subdivision

Building Details

  • Operating Expense $22,734

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Unit Levels: Other/Remarks
  • Property Sub Type: Res Income 2-4 Units
  • Frontage: N/K
  • Security Features: N/K
  • CapRate: 4.0
  • Co List Office Mls Id: 67444
  • Subdivision Name: PACIFIC BEACH
  • BuildingName: Pacific Beach
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-11-10T23:46:00Z
  • AgeRestrictions: N/K
  • FullAddress: 2028 Thomas Ave
  • ShortSale: No
  • Site: Public Street
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 7

Exterior Features

  • Fencing: Full
  • Roof: Composition
  • View: N/K
  • Construction Type: Stucco

Utilities

  • Cooling: N/K
  • Utilities: Sewer Connected
  • Water Source: Meter on Property
  • HeatSource: Natural Gas

Lot Info

  • Lot Size Sq Ft: 6240.0

Rental Info

  • Tenant Pays: Sewer, Water, Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 3
  • Annual Operating Expense: 22734.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2025 11/08/25 Pending -- -- --
10/08/2025 10/08/25 For Sale $2,395,000 -- $882 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250040102

San Diego MLS

APN: 424-191-20-00