3485-3487 Del Rey St

For Sale

3485-3487 Del Rey St, San Diego, CA 92109

This San Diego property for sale is located at 3485-3487 Del Rey St. The current listed sale price for 3485-3487 Del Rey St is $1,795,000. 3485-3487 Del Rey St is situated on a lot that is 0.06 acre in size.

Contacts

broker
Merrick Matricardi

Kidder Mathews

broker
Jim Neil

Kidder Mathews

broker
Eric Comer

Kidder Mathews

Property Details

  • Property Type Multi-Family
  • Property Size 2,286 SF
  • Units 4
  • Lot Size 0.06 Acre
  • Cap Rate % 4.13
  • Additional Rent Contact for pricing
  • Year Built 1958
  • Date Updated Sep 25, 2024

3485 Del Rey Street is a well located asset with a desirable unit mix of 

three 2bd/1ba and one 1bd/1ba apartments homes.

Originally constructed in 1958, the subject was extensively remodeled 

in 2024 with all new interiors, refreshed exterior and upgrades to several 

major building systems. The turnkey units feature high-end finishes, 

fixtures and appliances. A detailed list of all capital expenditures can 

be found on pg. 5 of this offering memorandum.

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. The immediate neighborhood 

has a quiet, beach-town feel with abundant street parking. Pacific 

Beach has a plethora of popular eateries, shopping and attractions, 

all walking distance from the property.

This offering is perfect for the long term investor seeking a pride of 

ownership asset with low maintenance and a strong cash flow.

We invite you to learn more about this investment opportunity by 

reviewing this Offering Memorandum and then touring the property 

with us.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 59/100

    Walk Score ®

  • 59/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City San Diego, CA
  • Neighborhood Pacific Beach
  • Zip Code 92109
  • Market San Diego

Points of Interest

  • Morena/Linda Vista

    2.85 miles

  • Old Town Transit Center

    3.42 miles

  • Hazard Center

    3.89 miles

  • Washington Street

    4.53 miles

  • Nobel Drive

    4.57 miles

  • Rio Vista

    4.59 miles

  • UTC Transit Center

    4.62 miles

  • UC San Diego Central Campus

    5.36 miles

  • Stadium

    5.64 miles

  • Mission San Diego

    6.12 miles

  • 7-Eleven

    0.39 miles

  • 76

    0.43 miles

  • Shell

    1.01 miles

  • Arco

    1.29 miles

  • Costco Gasoline

    1.36 miles

  • Vons 2116 Fuel Station

    1.54 miles

  • Mobil

    1.62 miles

  • Chevron

    1.64 miles

  • United Oil

    1.81 miles

  • Speedway

    2.11 miles

  • Saint Brigid Parish Parking

    2.33 miles

  • Lot 10 (Staff Only)

    2.36 miles

  • Lot 9 (Staff Only)

    2.37 miles

  • Lot 8 (Staff Only)

    2.42 miles

  • Lot 1 (Student Parking)

    2.50 miles

  • Lot 7 (Staff Only)

    2.55 miles

  • Hubbs Research Parkinglot

    2.64 miles

  • Perez Cove Parking Lot-SeaWorld Team Member Parking Lot

    2.68 miles

  • SeaWorld Team Member Parking Lot

    2.74 miles

  • SeaWorld Main Parkinglot

    2.84 miles

  • Rodeway Inn San Diego Beach SeaWorld Area

    0.06 miles

  • Roadway inn san diego beach

    0.07 miles

  • Trade Winds Motel

    0.10 miles

  • Holiday Inn Express San Diego Sea World - Beach Area

    0.23 miles

  • Red Roof Inn - Pacific Beach, San Diego

    0.24 miles

  • La Quinta Inn & Suites San Diego Mission Bay

    0.43 miles

  • Motel San Diego

    0.50 miles

  • The Motel San Diego

    0.50 miles

  • San Diego Mission Bay Resort

    1.62 miles

  • Paradise Point Resort and Spa

    2.41 miles

  • Harvest International Market

    1.03 miles

  • Sprouts Farmers Market

    1.32 miles

  • Vons

    1.49 miles

  • Trader Joe's

    1.60 miles

  • La Tiendita

    1.79 miles

  • Burlington

    1.91 miles

  • Ross

    1.97 miles

  • Sprouts

    1.98 miles

  • TJ Maxx

    2.13 miles

  • Kohl's

    2.22 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 3485-3487 Del Rey St