South Bay Team Facilitates Sale of Mixed-Use Commercial Properties in Chula Vista

Watch Valley Coleman ring the Pacific Coast Commercial gong twice to celebrate dual representation, once for representing the buyer and once for representing the seller at 1079-1093 3rd Avenue!  

CHULA VISTA, CA – Pacific Coast Commercial is pleased to announce the successful closing and sale of the retail and mixed-use commercial properties located at 1079 & 1085-93 3rd Avenue, Chula Vista, CA 91911 on June 30, 2026. The transaction features two adjacent properties totaling approximately 10,962 square feet. The properties sold together at the full list price of $2,700,000.  

The South Bay Team within Pacific Coast Commercial successfully managed this dual-sided transaction. Shirley Kanamu represented the seller, the Wapner Family Trust, and Valley Coleman represented the buyer, Third & Naples LLC.  

The properties offer a diverse and stabilized investment profile. 1085-93 3rd Ave is a mixed-use investment opportunity that was anchored by a national quick-service restaurant tenant and included a residential tri-plex. Included in the sale was the adjacent property, 1079 3rd Ave, which is a multi-tenant retail strip center. The new ownership plans to hold the property as an investment.  

"Despite softness in the San Diego retail market, well-priced investment opportunities continue to attract motivated buyers," stated the South Bay Team. "These properties generated immediate interest, went under contract quickly, and demonstrate that quality assets continue to sell."  

Institutional execution was critical to finalizing the transaction. Title services were expertly provided by Corinthian Title's Carmen Vinti, escrow services were handled by Corinthian's Sam Lopez, and commercial financing for the acquisition was provided by Axos Bank.  

Transaction Summary & Asset Highlights:

• Property Address: 1079 & 1085-93 3rd Avenue, Chula Vista, CA 91911  

• Total Building Area: ± 10,962 Square Feet  

• Property Type: Retail/Mixed Use  

• Sale Price: $2,700,000  

• Closing Date: June 30, 2026  

• Seller Representation: Shirley Kanamu, South Bay Team  

• Buyer Representation: Valley Coleman, South Bay Team  

• Financing Partner: Axos Bank  

• Title Company: Corinthian Title (Carmen Vinti)  

• Escrow Company: Corinthian (Sam Lopez)

About Pacific Coast Commercial

Pacific Coast Commercial is a premier, full-service commercial real estate firm based in San Diego, California. Providing top-tier brokerage, property management, and advisory services, the company specializes in industrial, office, retail, and land assets across Southern California.

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