NOT LISTED FOR SALE
3 Beds
2 Baths
5,194 Sq Ft
6,237 Sq Ft Lot

Sale Details

Date Sold: October 15, 2025

Last sale price $2,925,000 $563 Per Sq Ft

6 Days on Market

About This Home

As of October 2025

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.

Last Agent to Sell the Property

Dylan Wright

MD Real Estate, Inc License #01411216 Listed on: 07/28/2025

Last Buyer's Agent

Conor Brennan

Conor Brennan, Broker License #01918598

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,237 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

Interior Spaces

  • 3 Bedrooms
  • 5,194 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Total Actual Rent $12,875

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • Operating Expense $73,265

Property Details

Home Type

Multi-Family

Lot Details

6,237 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • Community Features: Other/Remarks
  • CapRate: 2.66
  • Co List Office Mls Id: 992394
  • Living Area: 5194.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-10-16T15:52:24Z
  • FullAddress: 2162 Thomas
  • NumofLeasedApartments: 8
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3

Garage/Parking

  • Total Parking Spaces: 5.0

Lot Info

  • Lot Size Sq Ft: 6237.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 8
  • Annual Operating Expense: 73265.0
  • Total Actual Rent: 12875.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Sold $2,925,000 -0.8% $563 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $2,950,000 -- $568 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,312 $1,848,319 $1,279,608 $568,711
2024 $22,312 $1,812,078 $1,254,518 $557,560
2023 $21,818 $1,776,548 $1,229,920 $546,628
2022 $21,237 $1,741,714 $1,205,804 $535,910
2021 $21,092 $1,707,563 $1,182,161 $525,402
2020 $20,836 $1,690,055 $1,170,040 $520,015
2019 $20,464 $1,656,918 $1,147,099 $509,819
2018 $19,131 $1,624,430 $1,124,607 $499,823
2017 $18,675 $1,592,579 $1,102,556 $490,023
2016 $18,376 $1,561,353 $1,080,938 $480,415
2015 $18,105 $1,537,901 $1,064,702 $473,199
2014 $17,820 $1,507,776 $1,043,846 $463,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250034646

San Diego MLS

APN: 424-201-15-00

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