REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Glen Henderson

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

$2,500,000

Est. payment - /mo

7 Beds

3 Baths

6,225 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 260017941

Bedrooms 7

Full Baths 3

Year Built 1950

Lot Size 6,225 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional

Property Type Res Income 2-4 Units

Property Description

1460 Grand Avenue presents a rare multifamily investment and development opportunity in the heart of Pacific Beach. The property consists of three renovated residential units and includes plans in final review for the construction of six additional studio units, creating the potential for a nine-unit asset upon completion. The existing improvements include a two-bedroom house, an additional two-bedroom unit, and a three-bedroom unit, providing immediate rental income while minimizing near-term capital expenditures. Investors can continue generating cash flow during construction of the proposed six studio units, offering an attractive combination of current income and future upside. Ideally located approximately four blocks from Mission Bay and seven blocks from the Pacific Ocean, the property is within walking distance of Pacific Beach's restaurants, cafés, shopping, nightlife, and recreational amenities. With driveway and alley access, on-site parking potential, and plans that include private balconies with potential bay and ocean views, 1460 Grand Avenue offers a compelling opportunity to acquire an income-producing coastal asset with significant long-term development potential.

Location

State CA

County San Diego

Area Coastal South

Interior

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 423-181-14-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Call Agent

Read Less Info

Listed by Carson P Trujillo, DRE#01974818 Whitewater CRE Inc

Nearby School & Business

Get More Information

Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1460-64 Grand Ave San Diego, CA 92109

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information