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Sold for $4,030,000
  • Listed by: Realty Executives Dillon • Mike Aon • Contact: 619-504-5042
    Bought with: JOHN M. GERRO
    $4,030,000

    835 Thomas Ave, San Diego, CA 92109

    4beds
    12baths
    6,050sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $4,092,300 Zestimate®
    $666/sqft
    $5,389 Estimated rent

    Home value

    $4,092,300

    $3.76M - $4.46M

    $5,389/mo

    Zestimate® history
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    What's special

    Blocks from the beach
    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:

    Listing updated:

    Listed 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 Square Feet
    • 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 & HOA

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

    Financial & listing details

    • Price per square foot: $666/sqft
    • Date on market: 6/10/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/18/2025Sold$4,030,000+0.8%$666/sqft
    Source: CRMLS #PTP2504300 Report a problem
    6/24/2025Pending sale$4,000,000$661/sqft
    Source: CRMLS #PTP2504300 Report a problem
    6/11/2025Listed for sale$4,000,000$661/sqft
    Source: CRMLS #PTP2504300 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Pacific Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,092,300
    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
    $4,092,300