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2162 Thomas Ave
San Diego, CA 92109 Pacific Beach

Price Upon Request

Apartments For Sale  •  5,194 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,194 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1960
  • Zoning R-2, San Diego
44 Transit Score
81 Walk Score

Highlights

Prime Location in the Highly Sought-After Pacific Beach Rental Market
Significant Value-Add Potential with Approx. 59% Rental Upside Through Renovation
Flexible Month-to-Month Rental Agreements for Immediate Rent Adjustments
Spacious Units, with Second-Floor Residences Featuring Exposed Beam Ceilings
Most unit interiors have been upgraded with newer flooring and refreshed kitchens and bathrooms.
Five Dedicated On-Site Parking Spaces

Financial Summary (Actual)

Net Operating Income: $78,400 USD (2024)
Total Expenses: $73,265 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Courtyard
  • Laundry Facilities
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Vinyl Flooring
  • Public Transportation
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 8 min - 4.6 mi
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 12 min - 7.8 mi
AirportDriveWalkDistance
San Diego International 11 min - 6.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes