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Oceanfront Apartment Building
For Sale
$5,950,000

1476-1480 Pescadero Dr, San Diego, CA 92107

Four renovated residences and two loft studios overlook the Pacific, with furnished vacation rentals and long-term tenancy in place.

Property Size3,700 SF
Price / SF$1,608
Days on Market12

Property Features for 1476-1480 Pescadero Dr

General Information

Standard status Active
Size 3,700 SF
Total Parking Spaces 4
Property subtype Multi-Family

Site & Location

Neighborhood Ocean Beach

Units

Unit Mix 4 x 2BR, 2 x studio with loft
Multifamily Units 6

Amenities

ocean-facing decks and patios

Building Details

Year Built 1958
Listing Agency: Pacific Sotheby's Int'l Realty
Listed By: Dawn Leahy dawn@dawnleahy.com
Source: Findhomesinsandiegoarea
Added: Oct 19 Changed: Oct 28 Last Checked: Oct 28 at 8:44AM

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 Pacific Sotheby's Int'l Realty

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Investment Insights

Based on property information with market context.

Set directly on the Pacific in Sunset Cliffs, this 3,700-square-foot apartment property comprises four two-bedroom residences and two bonus studios with lofts. All six spaces have ocean views. Renovations include updated kitchens and baths, quartz counters, stainless steel appliances, LVP flooring, and dual-pane windows. The property was built in 1958 and includes ocean-facing decks and patios, plus a four-car garage for parking and storage.

Three residences operate as furnished short-term vacation rentals, alongside additional long-term rental income. Sunset Cliffs is nearby, with Point Loma, downtown San Diego, the airport, and major transportation routes also within convenient reach. The shoreline protection system received a favorable engineering assessment in 2026, with routine monitoring and maintenance identified for continued protection.

Key Highlights

  • Oceanfront apartment property with 280‑degree Pacific views
  • Four renovated two‑bedroom residences and two loft studios
  • 3,700 square feet; built in 1958

Property Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

766
Businesses Nearby

Demographics for 92107, CA

28,684
Population
14,658
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,561
Density / Sq Mi
$107,262
Median Household Income
$61,936
Median Earnings
$2,208
Median Rent
$1,218,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four renovated residences and two loft studios overlook the Pacific, with furnished vacation rentals and long-term tenancy in place.
Where is this apartment building located?
The property is located at 1476-1480 Pescadero Dr San Diego, CA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Oceanfront apartment property with 280‑degree Pacific views; Four renovated two‑bedroom residences and two loft studios; 3,700 square feet; built in 1958
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