1152-54 Pacific Beach Dr San Diego, CA 92109
Four-unit property near Sail Bay with renovation and income potential.
Building Details
- Year built
- 1980
Source: CBRE
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Pacific Beach Multifamily Investment Opportunity
Located in the Sail Bay neighborhood of Pacific Beach, San Diego, the property at 1152-54 Pacific Beach Dr. is a four-unit investment opportunity. Constructed in 1980 and extensively renovated in 2023, this property features a unit mix of one four-bedroom/two-bath house, one three-bedroom/two-bath unit, and two two-bedroom/two-bath units. The units range in size from 800 to 2,000 square feet and feature modern interiors, new kitchens, stainless steel appliances, marble countertops, and farm-style sinks. Select units include full-size washer/dryers, and all benefit from air conditioning and new dual-pane windows. Upgrades include a new 30-year roof, new electrical sub-panels, iron security gates, and EV charging stations. Two single-car garages are located at the rear of the building, along with four surface parking spaces. Situated one block from Sail Bay, residents have proximity to the Bayside Boardwalk, Fanuel Street Park, and the Catamaran Resort, with the Pacific Ocean within walking distance. The shops, restaurants, and bars of Pacific Beach and Mission Beach are also easily accessible. This investment offers opportunities for long-term rentals, Airbnb potential, or potential condo conversion.
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.2471861
- Latitude
- 32.7926599
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FAQs
What type of property is this?
Apartment building - Four-unit property near Sail Bay with renovation and income potential.
Where is this apartment building located?
The property is located at 1152-54 Pacific Beach Dr San Diego, CA.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: - High Income Potential: Generates over $250,000 in gross annual income.; - Prime Location: One block from Sail Bay and close to beaches, parks, restaurants, and shops.; - Recent Extensive Renovation: Condo-quality upgrades completed in 2023, including new kitchens, appliances, and roof.