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    2028 Thomas Ave San Diego, CA 92109

    For Sale
    $2,395,000

    Three tenant-occupied units in excellent condition, minutes from the beach.

    Lot size:
    0.14 Acres

    Property Features for 2028 Thomas Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1970

    Source: Keller Williams Realty Agent Miguel Nunez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Triplex Near Beach

    This property features three well-maintained units in excellent condition. All units are tenant-occupied with established renters and professional management. Two units include private patios, while the third offers pleasant views. Residents share a stackable coin-operated Speed Queen washer and dryer installed in 2024. The property includes six parking spaces and a storage container for owner use. It is located on a quiet street and has new roofs and gutters. Each unit is equipped with its own dishwasher. The property offers immediate income and potential for future upside.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.2320205
    Latitude
    32.7988128

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    FAQs

    What type of property is this?
    Triplex - Three tenant-occupied units in excellent condition, minutes from the beach.
    Where is this triplex located?
    The property is located at 2028 Thomas Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $2,395,000.
    What are key features of this property?
    This property features: - Immediate income from tenant-occupied units with professional management.; - Excellent condition, well-maintained property minutes from the beach.; - Two units with private patios and one with pleasant views.
    (858) 775-6510
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2028 Thomas Ave San Diego, CA 92109
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