About 4366 Menlo Avenue
The Pacific Pines Apartment Portfolio in the Talmadge area of San Diego includes three adjacent parcels with a total of 57 units. The combined unit mix consists of one-, two-, and three-bedroom floorplans. Built between 1957-1986, the properties have a total combined land area of 48,899 square feet. Pacific Pines presents a new owner the opportunity to immediately acquire scale in the submarket whereby many of the properties tend to be on average 10-20 units in size. Furthermore, a new owner could capture rental increases of approximately $612 per unit, on average, through a comprehensive renovation/value-add program.
