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Renovated 16-Unit Apartment Building
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3455 Del Rey St, San Diego, CA 92109

Multifamily property with on-site laundry, assigned parking, and updated unit interiors.

Property Size9,048 SF
Lot Size0.29 Acres
Days on Market145

Property Features for 3455 Del Rey St

General Information

Standard status Active
Size 9,048 SF
Total Parking Spaces 18
Lot size 0.29 Acres
Property subtype Multifamily

Units

Unit Mix 2 x 2BR/1BA, 14 x 1BR/1BA
Multifamily Units 16

Amenities

Air Conditioning
On-site laundry
Courtyard

Building Details

Year Built 1965
Year Renovated 2019
Buildings 1
Construction wood frame
Listing Agency: The Beacon Group
Listed By: Gabe Candea · License #CA 01892704
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 5:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Beacon Group

Investment Insights

Based on property information with market context.

The property contains 16 apartment units within approximately 9,048 square feet of improvements on a 12,792 square-foot lot. The unit mix includes two 2 Bedroom/1 Bath residences and fourteen 1 Bedroom/1 Bath residences. Originally built in 1965, the building received an extensive renovation in 2019, supporting the renovated 16-unit configuration. Wood-frame construction with a stucco façade, air conditioning, new flooring, and updated kitchens with stainless steel appliances are included throughout the property.

Located at 3455 Del Rey Street in Pacific Beach, the property sits two blocks east of Mission Bay. On-site features include 18 off-street parking spaces, assigned parking, laundry facilities, and an enclosed courtyard with an umbrella table. Unit interiors also include marble-quartz countertops and floor-to-ceiling mirrored closet doors with adjustable organizers.

Key Highlights

  • 16‑unit apartment property with two 2 Bedroom/1 Bath units and fourteen 1 Bedroom/1 Bath units
  • Approximately 9,048 square feet of improvements on a 12,792 square‑foot lot
  • Extensive renovation completed in 2019; originally built in 1965

Property Analytics

Current Use

Del Rey Bay ... Apartment Building Peralta's Landscaping Landscaping

Suggested Use

Top Pick Daycare Center Barber Shop (Bike/Boat/Book/etc) Store Bakery Plumbing Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby

Demographics for 92109, CA

44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with on-site laundry, assigned parking, and updated unit interiors.
Where is this apartment building located?
The property is located at 3455 Del Rey St San Diego, CA.
What are key features of this property?
This property features: 16‑unit apartment property with two 2 Bedroom/1 Bath units and fourteen 1 Bedroom/1 Bath units; Approximately 9,048 square feet of improvements on a 12,792 square‑foot lot; Extensive renovation completed in 2019; originally built in 1965
More about this property
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