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$3,500,000

FOR SALE
Active

3544 3548 Del Rey Street

San Diego, CA

MLS# PTP2607497

41 days on marketNalren refreshed

Listing Agent

Reese Nickell

Listing Agent

Freedom Realty

DRE #: 02195727

reeseknickell@gmail.com

Brokerage: Freedom Realty

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1958

Year Built

5,795 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

N/A

Property Type

Description

$269,000/door in Pacific Beach! Fully renovated in 2022, this 13-unit multifamily asset offers a well-balanced unit mix of four studios, three 2-bed/1-bath units, and six 1-bed/1-bath units. Rent increases, lease-up of a permitted studio ADU nearing final sign-off set up roughly 10% rental growth. The property is ideally positioned for both residents and investors, with quick freeway access for an easy commute anywhere in San Diego, while sitting just a few blocks from Mission Bay Golf Course and the shores of the bay — a rare combination of everyday convenience and lifestyle appeal. Ample on-site parking adds further value for tenants. With renovations already completed, strong location fundamentals, and parking that's increasingly hard to find in the area, this offering presents a turnkey opportunity with enduring tenant demand.

Facts & Features

Interior

Fireplace
No
Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
1958
Building Area Total
4,294
Stories Total
2

Utilities

Sewer
Public Sewer

Parking

Garage Spaces
0
Parking Features
One Space
Parking Total
12

Community / HOA

HOA
No
Association Fee
$0

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