Triplex with Garage Conversion
For Sale
$2,295,000
1951-55 Hornblend St., San Diego, CA 92109
A detached house and two townhouse-style residences share a lot with alley access and off-street parking.
Property Size3,150 SF
Lot Size0.15 Acres
Price / SF$728.57
Days on Market28
Property Features for 1951-55 Hornblend St.
General Information
Standard status
Active
Size
3,150 SF
Total Parking Spaces
4
Lot size
0.15 Acres
Property subtype
Res Income 2-4 Units
Zoning
CO-1-2
Financials
Cap Rate
5.9%
Gross Income
$192,000
Site & Location
Neighborhood
Pacific Beach
Additional Details
Tenant in Place
Yes
Amenities
fireplace
fenced_patio_yard
private_patio
Building Details
Building Size
3,150 SF
Year Built
1977
Buildings
3
Tenancy
Multi
Listing Agency:
eXp Realty of California Inc
Listed By:
Monroe Herington · License #01930053
(619) 929-6546
Source:
Missioncenterrealty
Added: Oct 6
Changed: Nov 2
Last Checked: Nov 1 at 1:44AM
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 eXp Realty of California Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1977 property contains three residences: a detached, single-level 5-bedroom, 2-bath house and two matching two-story townhomes, each with 2 bedrooms and 1.5 baths. The house includes a fireplace, fenced patio yard and two-car driveway. Each rear residence has an open-to-above living room, eat-in kitchen, private patio and one alley parking space. The approximately 800-square-foot garage offers two proposed options: expand both townhomes or create a separate 3-bedroom accessory dwelling unit. Either plan requires City of San Diego approval.
The 6,586-square-foot parcel is zoned CO-1-2. The property is around the corner from Better Buzz Coffee and dining on Garnet Avenue, about one-third mile from Trader Joe’s and Mission Bay, and approximately 1.3 miles from Crystal Pier and the beach. The three units currently generate rents, and the property has a 5.90% cap rate on a buyer’s basis.
The 6,586-square-foot parcel is zoned CO-1-2. The property is around the corner from Better Buzz Coffee and dining on Garnet Avenue, about one-third mile from Trader Joe’s and Mission Bay, and approximately 1.3 miles from Crystal Pier and the beach. The three units currently generate rents, and the property has a 5.90% cap rate on a buyer’s basis.
Key Highlights
- Three residences: one 5BR/2BA house and two 2BR/1.5BA townhomes
- Approximately 800 sf garage; expansion or separate 3BR ADU plans require City of San Diego approval
- 6,586 sf lot zoned CO‑1‑2
Property Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,828
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
Frequently Asked Questions
What type of property is this?
Triplex - A detached house and two townhouse-style residences share a lot with alley access and off-street parking.
Where is this triplex located?
The property is located at 1951-55 Hornblend St. San Diego, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Three residences: one 5BR/2BA house and two 2BR/1.5BA townhomes; Approximately 800 sf garage; expansion or separate 3BR ADU plans require City of San Diego approval; 6,586 sf lot zoned CO‑1‑2
