The Del Rey Apartments is a 16 unit multi-family investment property in the San Diego coastal community of Pacific Beach. The building is comprised of two 2 Bedroom/1 Bath units and fourteen 1 Bedroom/1 Bath units. Built in 1965 and underwent an extensive renovation in 2019. All units equipped with Gourmet Kitchen with Stainless Steel Appliances (Dishwasher, Range, Microwave, and Refrigerator). Elegant new Marble-Quartz countertops. Air Conditioning. New Flooring throughout. Large Mirrored closet door (floor to ceiling) with “Closet Maid” adjustable closet organizers. Designer features. Laundry onsite. Umbrella table enclosed courtyard. Assigned parking. The opportunity allows for an investor to collect significant cash flow and hedge against AB-1482 "Rent Control" in an appreciating sub-market of Pacific Beach.