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$ 4,000,000
Est. payment | /mo
4 Beds
4 Baths
$ 4,000,000
Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PTP2504299
Bedrooms 4
Lot Dimensions 50 feet (fronta
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diegos most sought-after coastal communities. Just blocks from the ocean, this walkable location boasts a Walk Score of 88 and provides easy access to Garnet Avenue, shops, restaurants, nightlife, and public transit. This Pacific Beach, prime location multi-unit property consists of ten 1-bedroom units with development potential to convert several units into 2-bedroom layouts (buyer to verify). Situated on a 7,876 SF R-3 zoned lot (0.18 acres), the site also offers long-term redevelopment upside. Additional features include 10 surface parking spaces, strong in-place income, and significant value-add potential through interior renovations and rent optimization. With limited inventory in the area and high tenant demand, this is a rare investment opportunity with room to grow in both cash flow and equity. See attached Memorandum in Documents.
Location
State CA
County San Diego
Zoning Appraiser
Direction GPS
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 4152421000
Listed by Mike Aon Realty Executives Dillon
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Reyna Perea Lopez
Agent | License ID: 02118739