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Pacific Beach Multifamily Investment
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2050 Garnet Ave, San Diego, CA 92109

Rare income opportunity in a desirable Pacific Beach location.

Property Size11,062 SF
Price / SF$939.70
Days on Market847

Property Features for 2050 Garnet Ave

General Information

Standard status Active
Size 11,062 SF
Class A
Property subtype Multifamily
Zoning R-4
Occupancy 100%
Investment Type Core+
Net Operating Income $281,716

Building Details

Year Built 1995
Year Renovated 2023
Buildings 2
Stories 2
Units 8
Listing Agency: Coldwell Banker Residential Brokerage Del Mar Village
Listed By: Michael McCaffery · License #CA 00985444
Source: Crexi
Added: Apr 19, 2024 Changed: Aug 12 Last Checked: Aug 12 at 12:34PM

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 Coldwell Banker Residential Brokerage Del Mar Village

Investment Insights

Based on property information with market context.

This multifamily property presents a rare investment opportunity in Pacific Beach, a highly desirable area known as the best urban beach in Southern California. Centrally located on a major artery, the property offers convenient access to the beach, bay, and shopping. The property size is 11062 square feet. Each unit includes dedicated garage parking, as well as its own washer, dryer, and storage. Pacific Beach extends from Tourmaline Surfing Beach to Mission Beach, featuring three miles of boardwalk and beach, providing year-round access to San Diego's weather. A variety of activities are available, including surfing, boogie boarding, volleyball, Frisbee, wakeboarding, jet skiing, sailing, and kayaking on Mission Bay or Ocean Beach. Residents can also explore the Garnet Shopping District or enjoy sunsets at Crystal Pier. The recently completed 19-mile Mission Bay path offers biking opportunities, and the area is known for its nightlife.

Key Highlights

  • Prime location in highly desirable Pacific Beach.
  • Income‑generating investment opportunity.
  • Dedicated garage parking for each unit.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Food Market Grocery & Convenience Store Daycare Center Garden Center Parking Lot & Garage

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

1,828
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?
Multifamily property - Rare income opportunity in a desirable Pacific Beach location.
Where is this multifamily property located?
The property is located at 2050 Garnet Ave San Diego, CA.
What is the asking price?
The asking price for this property is $10,395,000.
What are key features of this property?
This property features: Prime location in highly desirable Pacific Beach.; Income‑generating investment opportunity.; Dedicated garage parking for each unit.
(858) 259-4000 Call to check price and availability
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