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3503 Del Rey Street, San Diego, CA 92109

Commercial property

3503 Del Rey Street, San Diego, CA 92109 Sold September 2024 CRMLS
$2,800,000Sold September 2024

Listing Agent: Eric Comer (DRE #00842230) · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Cody Evans · South Coast Commercial, Inc. · MLS #230018644SD · Source: CRMLS

10
Units
4.70%
Cap Rate
Commercial property
Type

About this commercial property

HUGE PRICE REDUCTION! Assumable financing. Lowest list price per square foot in Pacific Beach (92109). Completed in 1958, this well maintained 10-unit property includes a mix of studio, one and two-bedroom floor plans. The unit interiors are equipped with standard apartment grade finishes, allowing an investor to complete renovations and achieve substantially higher rents. The subject is located west of Interstate 5 and walking distance to Mission Bay and Mission Bay Park, the 4,600 acre aquatic playground with miles of beaches and waterways. Pacific Beach has a plethora of popular eateries, shopping and attractions, all walking distance from the property.

Listing description from the September 2024 sale, as reported to CRMLS.

Sale history

$2,800,000
Sold September 2024 · listed $2,895,000, orig. $4,000,000, on market September 2023 · MLS #230018644SD · Source: CRMLS
Listing Agent: Eric Comer · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Cody Evans · South Coast Commercial, Inc.
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