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1244 Oliver Avenue, San Diego, CA 92109

Commercial property

1244 Oliver Avenue, San Diego, CA 92109 Sold July 2025 CRMLS
$3,200,000Sold July 2025

Listing Agent: Mike Aon (DRE #01300658) · Listing Office: Realty Executives Dillon · Contact: Mike@theaongroup.com · Bought with: Joey Belcastro · Keller Williams Realty · MLS #PTP2504715 · Source: CRMLS

6,242
Building Sq Ft
9
Units
3.87%
Cap Rate
$123,763
NOI
1959
Year Built
R-3:RESTRICTED MULTIPLE
Zoning
Commercial property
Type

About this commercial property

Incredible opportunity to own a well-maintained multifamily asset in the heart of Pacific Beach—one of San Diego’s most vibrant and high-demand coastal neighborhoods. Located just blocks from Mission Bay, this property offers strong in-place income with upside potential through future rent optimization. With a Walk Score® of 92, residents enjoy immediate access to beaches, shopping, dining, nightlife, and public transportation. Additional highlights include off-street parking for every unit and long-term upside in a market known for consistent tenant demand and limited inventory. This is a rare chance to secure a stabilized coastal property in one of San Diego’s most iconic beach communities.

Listing description from the July 2025 sale, as reported to CRMLS.

Sale history

$3,200,000
Sold July 2025 · on market May 2025 · MLS #PTP2504715 · Source: CRMLS
Listing Agent: Mike Aon · Listing Office: Realty Executives Dillon · Contact: Mike@theaongroup.com · Bought with: Joey Belcastro · Keller Williams Realty
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