Investment Overview

The Trujillo Group of Marcus & Millichap is please to present for sale a 4-unit apartment complex in the Pacific Beach Neighborhood of San Diego. Constructed in approximately 1953, this property rests on a 4,201 SF lot and offers approximately 2,670 rentable SF. 3743 Jewell Street is situated in the Crown Point area 1 block from Mission Bay and Crown Point Park. This property is comprised of (2) one-bedroom/one-bathroom units and (2) two-bedroom/one-bathroom units. Tenants enjoy a communal single-car garage for storage and a select unit has bay views along with a balcony overlooking the water. Pacific Beach is one of San Diego’s most profitable rental markets that continues to attract high quality and reliable tenants. Well located, this property is steps away from the bay, restaurants, and entertainment along Ingraham Street. Being 1 block from Mission Bay, this property offers a rare opportunity to acquire a coastal asset with upside in one of Southern California’s most desirable markets.