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Turnkey 10-Unit Luxury Apartment Community
For Sale
$5,500,000

1478 Hornblend Street, San Diego, CA 92109

Rebuilt luxury multifamily asset with in-unit laundry, split HVAC, and redesigned building systems throughout.

Days on Market51

Property Features for 1478 Hornblend Street

General Information

Standard status Active
Property subtype Commercial
Listing Agency: The Mogharebi Group
Listed By: John Rodiles ([email protected])
Source: Mrmurrieta
Added: Jun 13 Changed: Jul 10 Last Checked: Aug 2 at 5:03AM

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 The Mogharebi Group

Investment Insights

Based on property information with market context.

The Surf House is a trophy-quality 10-unit luxury apartment community that was completed in June 2024 after a comprehensive stripped-down-to-the-studs redevelopment under City of San Diego permits. The building has been brought to modern building code standards with major upgrades including a new 600-amp electrical system (100 amps per unit), all-new plumbing, a centralized hot water system, fire sprinklers, foundation work, a new roof, new windows, smooth-finish stucco, custom gutters, and architectural steel staircases. Each residence includes premium finishes such as quartz countertops, custom-style cabinetry, designer tile, luxury vinyl plank flooring, and high-end stainless-steel appliances.

Units also offer in-unit washer and dryer and individual split HVAC systems. Private outdoor living is part of the design, with exclusive patios or expansive roof decks, and many residences configured to capture panoramic ocean and bay views. The property is located at 1478 Hornblend Avenue in Pacific Beach/Mission Beach, about six blocks from the shoreline and steps from Garnet Avenue’s dining, retail, and entertainment corridor.

For tenants seeking a modern coastal rental experience, The Surf House combines updated building systems with designer interiors and dedicated outdoor space. For buyers or operators, the community is presented as turnkey following full redevelopment, with coordinated mechanical, electrical, and life-safety improvements intended to support long-term operating durability.

Key Highlights

  • 10‑unit luxury apartment community completed in June 2024 at 1478 Hornblend Avenue in Pacific Beach
  • Stripped‑down‑to‑the‑studs redevelopment under City of San Diego permits with foundation, new roof, windows, smooth‑finish stucco, and custom gutters
  • Major building systems upgrades: new 600‑amp electrical system (100 amps per unit), all‑new plumbing, centralized hot water, and fire sprinklers

Property Analytics

Current Use

Commercial Cleaning Commercial Cleaning Service

Suggested Use

Top Pick Daycare Center Garden Center Furniture & Home Goods Food Market (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,277
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Rebuilt luxury multifamily asset with in-unit laundry, split HVAC, and redesigned building systems throughout.
Where is this apartment building located?
The property is located at 1478 Hornblend Street San Diego, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 10‑unit luxury apartment community completed in June 2024 at 1478 Hornblend Avenue in Pacific Beach; Stripped‑down‑to‑the‑studs redevelopment under City of San Diego permits with foundation, new roof, windows, smooth‑finish stucco, and custom gutters; Major building systems upgrades: new 600‑amp electrical system (100 amps per unit), all‑new plumbing, centralized hot water, and fire sprinklers
More about this property
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