1152-54 Pacific Beach Dr, San Diego, CA 92109

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$3,945,000

Est. payment - /mo

11 Beds

8 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 250032404

Bedrooms 11

Full Baths 8

Year Built 1980

Property Sub-Type Res Income 2-4 Units

Property Description

OPTIONS! Long term rental, Airbnb or potential condo conversion. $250,000+ current gross annual income. 1152-54 Pacific Beach Dr. is a premier four-unit investment property in the coveted Sail Bay neighborhood of Pacific Beach, San Diego. Originally constructed in 1980 and extensively renovated in 2023, this coastal gem features a desirable condo quality mix of one large four-bedroom/two-bath front house, one three-bedroom/two-bath unit, and two two-bedroom/two-bath units. Two single car garages are also at the rear of the building along with four surface parking spaces. The units are spacious, ranging from 800 to 2,000 square feet, boasting modern interiors with new kitchens, stainless steel appliances, marble countertops, and farm-style sinks. Select units include full-size washer/dryers, and all benefit from air conditioning and new dual-pane windows. Additional upgrades include a new 30 year roof, all new electrical sub-panels, iron security gates, EV charging stations and more. Ideally situated just one block from Sail Bay, residents enjoy proximity to the Bayside Boardwalk, Fanuel Street Park, and the Catamaran Resort, with the Pacific Ocean also a short walk away. Numerous shops, restaurants, and bars of Pacific Beach and Mission Beach are also within easy reach, enhancing the property's appeal for residents. This versatile investment offers opportunities for long-term rentals, lucrative Airbnb potential, or potential condo conversion, with comparable nearby condos fetching nearly $1,000 per square foot.

Location

State CA

County San Diego

Area Coastal South

Interior

Cooling Other/Remarks

Fireplace No

Exterior

Fence Gate

View Y/N No

Roof Type Other/Remarks

Building

Story 2

Level or Stories 2

Others

Tax ID 423-252-14

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Listed by Nate Pepper CBRE

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1152-54 Pacific Beach Dr San Diego, CA 92109