Quadplex With ADU
New
For Sale
Contact for pricing
1228 Grand Ave, San Diego, CA 92109
Two residential structures provide an income-producing four-unit configuration with garages and additional on-site parking.
Property Size3,700 SF
Price / SF$675.68
Days on Market7
Property Features for 1228 Grand Ave
General Information
Standard status
Active
Size
3,700 SF
Property subtype
Multifamily
Zoning
RM-2-5 Base Zone, Sustainable Development Area (SDA), Complete Communities Housing Solutions
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$152,736
Building Details
Buildings
2
Stories
3
Units
4
Tenancy
Multi
Listing Agency:
Colliers - Los Angeles - La Jolla, California
(858) 373-3237
Listed By:
Aaron Bove · License #CA 01318320
Source:
Crexi
Added: Aug 12
Changed: Aug 18
Last Checked: Aug 18 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - La Jolla, California
Investment Insights
Based on property information with market context.
This 3,700-square-foot Pacific Beach multifamily property is arranged across two separate residential structures. The alley-side building contains three two-bedroom residences, including two with 1.5 baths and one with two baths. A detached street-front home adds one bedroom and one bath. Existing parking includes two single-car garages, two open spaces, and two tandem spaces.
The property is currently configured as four units and includes existing income. Plans nearing submission propose remodeling the front residence and adding three ADUs within a new three-story configuration, creating a potential seven-unit layout. The projected mix ranges from one-bedroom to five-bedroom residences and includes multiple two-bedroom units. Zoning is RM-2-5 Base Zone, Sustainable Development Area (SDA), Complete Communities Housing Solutions.
The property is currently configured as four units and includes existing income. Plans nearing submission propose remodeling the front residence and adding three ADUs within a new three-story configuration, creating a potential seven-unit layout. The projected mix ranges from one-bedroom to five-bedroom residences and includes multiple two-bedroom units. Zoning is RM-2-5 Base Zone, Sustainable Development Area (SDA), Complete Communities Housing Solutions.
Key Highlights
- 3,700‑square‑foot multifamily property in Pacific Beach
- Existing four‑unit configuration across two separate residential structures
- Unit mix includes three 2‑bedroom units and one 1‑bedroom residence
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,288
Businesses Nearby
Explore this area
Business Placement
Demographics for 92109, CA
44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two residential structures provide an income-producing four-unit configuration with garages and additional on-site parking.
Where is this quadplex located?
The property is located at 1228 Grand Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,700‑square‑foot multifamily property in Pacific Beach; Existing four‑unit configuration across two separate residential structures; Unit mix includes three 2‑bedroom units and one 1‑bedroom residence
