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$ 3,332,000
$ 3,500,000 4.8%
Est. payment | /mo
3 Beds
5,975 SqFt
$ 3,332,000
$ 3,500,000 4.8%
Est. payment | /mo
3 Beds
5,975 SqFt
Key Details
Sold Price $3,332,000
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 5,975 sqft
Price per Sqft $557
MLS Listing ID 250029812
Sold Date 12/05/25
Bedrooms 3
Property Sub-Type Com-Res Income
Property Description
REDUCED PRICE! Please contact the listing agent for the Offering Memorandum. Adelle Mar Apartments is a prime multifamily investment opportunity located in the highly desirable coastal community of Pacific Beach, San Diego. This well-maintained asset features an attractive unit mix comprising two studios, seven one-bedroom/ one-bath units, and one two-bedroom/one-bath unit. The property has benefited from recent capital improvements and major building system upgrades, with select units receiving moderate interior renovations. For investors seeking value-add potential, there is significant upside through a comprehensive renovation program that could substantially increase rental income. Strategically located west of Interstate 5 and within walking distance to Mission Bay and Mission Bay Park—a 4,600-acre aquatic recreation area—Adelle Mar Apartments offers residents easy access to scenic beaches, outdoor activities, and an array of popular local restaurants, retail, and entertainment options. The neighborhood maintains a quiet, beach-town atmosphere with plentiful street parking. DO NOT WALK THE PROPERTY WITHOUT THE LISTING BROKER PRESENT. TENANTS ARE NOT AWARE OF THE BUILDING SALE. PLEASE DO NOT APPROACH OR DISTURB ANY OF THE TENANTS.
Location
State CA
County San Diego
Area Coastal South
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 424-122-08-00
Listed by Eric D Comer Eric D. Comer, Broker
Bought with Sony Ben-Moshe Sony Ben-Moshe, Broker
Bought with Sony Ben-Moshe Sony Ben-Moshe, Broker
ronesha.nation@ournationrealty.org
6207 Vista Santa Clara, Diego, California, 92154, United States