1478 Hornblend Street, Pacific Beach/Mission Beach, CA 92109

$5,500,000

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List Price
$5,500,000
Status
ACTIVE
MLS#
260020125SD
Days on Market
23
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

We are pleased to exclusively offer The Surf House, a newly reimagined 10-unit apartment community located at 1478 Hornblend Street in San Diego’s Pacific Beach neighborhood. Designed for today’s coastal renter, the property combines modern apartment finishes, extensive building-system upgrades, and a highly walkable beachside setting within one of San Diego’s most supply-constrained rental markets. The asset was comprehensively rebuilt and delivered in June 2024 following a full permitted redevelopment through the City of San Diego. The renovation scope substantially modernized the property from both an operational and resident-experience standpoint, including upgraded electrical capacity, new plumbing, a centralized hot-water system, fire sprinklers, foundation improvements, roofing, windows, exterior finishes, gutters, and architectural steel staircases. Inside the residences, The Surf House offers a polished coastal living environment with contemporary finishes and practical in-unit amenities. Units feature quartz countertops, custom-style cabinetry, designer tile accents, stainless-steel appliances, luxury vinyl plank flooring, in-unit laundry, individual split-system HVAC, and dedicated outdoor areas, including patios or rooftop decks. Select homes further benefit from scenic ocean and bay views, adding to the property’s lifestyle appeal. Located just six blocks from the beach and within immediate reach of Garnet Avenue’s restaurants, shops, cafés, and nightlife, the property is well positioned to attract renters seeking both convenience and coastal access.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
10
Gross Scheduled Income
$403,080
Operating Expense
120748

Listing courtesy of Listing Agent: Austin Huffman (ahuffman@ipausa.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.