Contacts
Kidder Mathews
Kidder Mathews
Kidder Mathews
Property Details
- Property Type Multi-Family
- Property Size 5,975 SF
- Units 10
- Lot Size 0.17 Acre
- Cap Rate % 4
- Year Built 1960
- Date Updated Jun 30, 2025
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. This offering is ideally suited for long-term investors seeking a pride-of ownership asset with low maintenance requirements, strong in-place cash flow, and meaningful value-add potential. 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.
Reach out to the broker for more info on lease terms and amenities
Getting around
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76/100
Walk Score ®
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58/100
Transit Score ®
-
86/100
Bike Score ®
Location
- City San Diego, CA
- Neighborhood Pacific Beach
- Zip Code 92109
- Market San Diego
Points of Interest
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Morena/Linda Vista
3.04 miles
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Old Town Transit Center
3.58 miles
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Hazard Center
4.22 miles
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Nobel Drive
4.45 miles
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UTC Transit Center
4.57 miles
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Washington Street
4.73 miles
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Rio Vista
4.93 miles
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UC San Diego Central Campus
5.24 miles
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Stadium
6.00 miles
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County Center/Little Italy
6.35 miles
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7-Eleven
0.19 miles
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76
0.22 miles
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Arco
0.96 miles
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Costco Gasoline
1.19 miles
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Vons 2116 Fuel Station
1.19 miles
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Mobil
1.29 miles
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Shell
1.29 miles
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Chevron
1.29 miles
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United Oil
1.87 miles
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San Diego - Balboa Ave Supercharger
2.57 miles
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Saint Brigid Parish Parking
1.98 miles
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Hubbs Research Parkinglot
2.56 miles
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Perez Cove Parking Lot-SeaWorld Team Member Parking Lot
2.61 miles
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SeaWorld Team Member Parking Lot
2.68 miles
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Lot 10 (Staff Only)
2.72 miles
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Lot 9 (Staff Only)
2.72 miles
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Lot 8 (Staff Only)
2.78 miles
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SeaWorld Main Parkinglot
2.82 miles
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Lot 1 (Student Parking)
2.85 miles
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Lot 7 (Staff Only)
2.91 miles
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Holiday Inn Express San Diego Sea World - Beach Area
0.13 miles
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Red Roof Inn - Pacific Beach, San Diego
0.14 miles
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The Motel San Diego
0.26 miles
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Motel San Diego
0.26 miles
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La Quinta Inn & Suites San Diego Mission Bay
0.28 miles
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Roadway inn san diego beach
0.33 miles
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Rodeway Inn San Diego Beach SeaWorld Area
0.33 miles
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Trade Winds Motel
0.37 miles
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San Diego Mission Bay Resort
1.74 miles
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Catamaran Resort Hotel and Spa
2.16 miles
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Vons
1.14 miles
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Trader Joe's
1.25 miles
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Harvest International Market
1.29 miles
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Sprouts
1.64 miles
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Sprouts Farmers Market
1.67 miles
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La Tiendita
1.86 miles
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Burlington
1.98 miles
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Pangaea Outpost
2.02 miles
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Ross
2.05 miles
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Ralphs
2.13 miles
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.
