Map of Property

3485-3487 Del Rey St

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

  • For Sale $1,795,000
  • 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

Contacts

broker

Merrick Matricardi Is this you?

Kidder Mathews

broker

Jim Neil Is this you?

Kidder Mathews

broker

Eric Comer Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable

  • Transit Score ®

    59/100 Good Transit

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • 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

  • Rubio's Baja Grill

    0.20 miles

  • Sushi Ota

    0.20 miles

  • Cali Bánh Mì

    0.41 miles

  • McDonald's

    0.45 miles

  • Sonic

    0.49 miles

  • Wienerschnitzel

    0.51 miles

  • Wasabi Sushi

    0.56 miles

  • In-N-Out Burger

    0.56 miles

  • Chef Jun

    0.83 miles

  • Del Taco

    0.93 miles

  • Toler Elementary School

    0.21 miles

  • Bayview Charter School

    0.67 miles

  • Bayview Terrace Elementary School

    0.68 miles

  • Clairemont Senior High School

    0.68 miles

  • Mission Bay Senior High School

    0.71 miles

  • Creative Dance Theatre

    0.82 miles

  • Del Sol Academy

    0.88 miles

  • Marston Middle School

    0.88 miles

  • Whittier School

    0.93 miles

  • Bay Park Elementary School

    1.22 miles

  • The Vine

    2.99 miles

  • La Jolla United Methodist Church Nursery School

    3.79 miles

  • Early Childhood Education Center

    4.97 miles

  • Chinese Bilingual Preschool

    5.36 miles

  • Murphy Canyon Preschool

    5.72 miles

  • KinderCare Learning Centers

    6.89 miles

  • Bright Horizons Preschool

    7.04 miles

  • Our Lady of the Sacred Heart Catholic Church Day Care Center

    7.21 miles

  • Coronado Baptist Day Care Center

    7.58 miles

  • FAA Merry-Go-Around

    8.36 miles

Frequently Asked Questions

How much does 3485-3487 Del Rey St cost?

The space currently listed for sale at 3485-3487 Del Rey St asks for $1,795,000.

What is the total square footage of 3485-3487 Del Rey St?

3485-3487 Del Rey St totals 2,286 square feet.

When was this property built?

3485-3487 Del Rey St was built in 1958.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact 3485-3487 Del Rey St