Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscal.com +1(858) 753-3353UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2504299
Bedrooms 4
HOA Y/N No
Lot Size 7,840 Sqft
Lot Dimensions 50 feet (fronta
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diegos most sought-after coastal communities. Just blocks from the ocean, this walkable location boasts a Walk Score of 88 and provides easy access to Garnet Avenue, shops, restaurants, nightlife, and public transit. This Pacific Beach, prime location multi-unit property consists of ten 1-bedroom units with development potential to convert several units into 2-bedroom layouts (buyer to verify). Situated on a 7,876 SF R-3 zoned lot (0.18 acres), the site also offers long-term redevelopment upside. Additional features include 10 surface parking spaces, strong in-place income, and significant value-add potential through interior renovations and rent optimization. With limited inventory in the area and high tenant demand, this is a rare investment opportunity with room to grow in both cash flow and equity. See attached Memorandum in Documents.
Location
State CA
County San Diego
Area Pacific Beach (92109)
Zoning Appraiser
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Monthly Total Fees $5
Acceptable Financing Cash, Conventional
Space Rent $2,131
Listing Terms Cash, Conventional
MORTGAGE CALCULATOR
If I tour a home, I understand Kobe Zimmerman will be my touring agent. Touring a home is free. If I use Kobe Zimmerman to buy a house, his fee is 2.5% of the purchase price. This fee is negotiable by law. I am not obligated to pay this fee and understand that Kobe will request that this fee be paid by the seller.