2162 Thomas, Pacific Beach/Mission Beach, CA 92109

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Sold Price
$2,925,000
List Price
$2,950,000
Closing Date
Oct 15, 2025
Status
CLOSED
MLS#
250034646SD
Lot Size
6,237
Acres
0.14
Days on Market
6
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

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.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$154,500
Operating Expense
73265

Listing courtesy of Listing Agent: Dylan Wright (dylan@mdrealestatesd.com) from Listing Office: MD Real Estate, Inc.

Listing sold by Conor Brennan from Marcus & Millichap

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.