901 Sapphire Street, San Diego, CA 92109

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Glen Henderson

[email protected] +1(619) 889-7646

$4,000,000

Est. payment - /mo

4 Beds

4 Baths

7,840 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2504299

Bedrooms 4

HOA Y/N No

Lot Size 7,840 Sqft

Lot Dimensions 50 feet (fronta

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional

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.
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

Area Pacific Beach (92109)

Zoning Appraiser

Building

Lot Description Curbs, Sidewalks

Story 2

Others

Monthly Total Fees $5

Acceptable Financing Cash, Conventional

Space Rent $2,131

Listing Terms Cash, Conventional

CFD/Mello-Roos Fee $67

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Listed by Mike Aon • Realty Executives Dillon

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

901 Sapphire Street San Diego, CA 92109

Glen Henderson

Key Details

Location

Building

Others

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