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2176 Thomas Ave
San Diego, CA 92109

Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.07 AC
Building Size 1,940 SF
Average Occupancy 83%
No. Stories 2
Year Built 1957

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views
  • Deck
  • Double Pane Windows
  • Freezer
  • Handrails
  • Patio
  • Porch
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • Laundry Facilities
  • Trash Pickup - Curbside

About 2176 Thomas Ave , San Diego, CA 92109

The Thomas Avenue Apartments is a well-maintained 6 unit property located in the highly desirable Pacific Beach sub-market of San Diego. Pacific Beach is considered one of the strongest rental markets in the County, with great demand for apartment rentals. Historical occupancy in is estimated to be approximately 97%-100% and rental rates continue to rise. This vibrant and centrally located community offers excellent access to I-5 and I-8 freeways, which connect to every major employment center in the greater San Diego area. The property was built in 1957 and is comprised of 6 studio units ranging from 297-396 square feet. The interior of the units have been well maintained but an opportunity exists for anew owner to remodel and raise rents substantially. There is minimal landscaping reducing the need for frequent maintenance. The subject property is only a few blocks from the bay and is a short bike ride or walk to the beach and all that Pacific Beach has to offer. Unit #1 is currently vacant.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 $1,245 297 - 396

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
424-201-13
Land Assessment
$1,105,274
Improvements Assessment
$151,443
Total Assessment
$1,256,717

zoning

Zoning Code R3
R3
  • Listing ID: 17540433

  • Date on Market: 10/24/2019

  • Last Updated:

  • Address: 2176 Thomas Ave, San Diego, CA 92109

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