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$3,300,000
260020788SD MLS ⋅ Active Status
We are pleased to offer 4073 Gresham Street, a fully modernized and turnkey five (5) unit multifamily property in beautiful Pacific Beach, ideally located within 1.5 blocks to Sail Bay access and Fanuel Street Park, within the coveted Crown Point area. Comprised of two (2) large 1Br/1Ba units and three (3) spacious 2Br/1.5Ba townhome units (each with private/enclosed back patio), units have been upgraded to a high level back around 2016, with newer cabinetry, countertops, s.s. appliances, in-unit washer/dryers, vinyl plank flooring (downstairs), and fully remodeled bathrooms with tiled shower enclosures. In addition to being steps from the bay and 7 blocks from the beach, the property boasts gate code access, dual-pane vinyl windows/sliders throughout, as well as a laundry room (currently used as storage), and a large rear common area patio/bike storage/surfboard storage/bbq area. Units are all electric, separately metered for electricity. Residents love having a full tandem off-street parking space (5 tandem off-street spaces for 10 total spaces!), especially in the Summertime when parking gets very scarce in this sought after neighborhood. Great property and location that always attracts top-tier long-term tenants, and has also done incredibly well as a short term rental property (until covid hit in 2020, when owner changed to long-term rental operations and never looked back). Lowest rented 2Br unit was just re-rented at $4,095 this month (which was around $3,050 before that), with several very qualified applicants trying to lock it down.

4073 Gresham St., Pacific Beach/Mission Beach
$5,500,000
260020125SD MLS ⋅ Active Status
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.

1478 Hornblend Street, Pacific Beach/Mission Beach
$4,000,000
260018607SD MLS ⋅ Active Status
Eight unit apartment building on a corner lot in Pacific Beach. Built in 1966 and meticulously maintained. Unit mix is six 1BD/1BA and two 2BD/1BA averaging approximately 650 square feet. One dedicated parking space per unit. Six of eight units renovated. Two units have in unit washer and dryer. Current rents approximately 11% below market. Utilities are currently billed at a low flat rate, leaving upside through SDG&E submetering or a market level RUBS program. 89 Walk Score with retail, grocery, and dining within walking distance. Pacific Beach submarket vacancy is 4.2% versus 6.1% countywide, with only 60 units under construction submarket wide and trailing twelve month rent growth near three times the San Diego average. Contact broker for offering memorandum, rent roll, and financials.

2003 Emerald Street, Pacific Beach/Mission Beach
$4,100,000
260015238SD MLS ⋅ Active Status
***Assumable loan at 5.4% for 8 more years*** This is a fantastic opportunity to purchase a renovated coastal 6-unit complex in the high-demand rental market of Pacific Beach. The subject property is located just a couple of blocks from the Pacific Ocean and is conveniently situated between Grand Ave and Garnet Ave near shops, restaurants, cafes and bars. The unit mix consists of (1) 3Bedroom/2Bathroom, (3) 2Bedroom/1Bathroom, and (2) 1Bedroom/1Bathroom units. Assumable loan with US BANK at 5.4% with 8 years remaining on the loan.

1007 Hornblend Street, Pacific Beach/Mission Beach
$7,480,000
260008659SD MLS ⋅ Active Status
We are pleased to present 1420-1422 Pacific Beach Drive, a boutique townhome-style multifamily community ideally located in the heart of Pacific Beach, one of San Diego’s highly coveted coastal rental markets. Nestled near Mission Bay and just minutes from the beach, the property offers residents a premier coastal lifestyle with convenient access to dining, retail, and outdoor recreation. The property consists of eight spacious three-bedroom townhome residences, featuring a mix of three-bedroom/two-and-a-half-bathroom and three-bedroom/three-bathroom layouts. These highly sought-after larger-format units are highly desirable and cater to a wide range of tenants, including professionals and families. The townhome-style design enhances privacy and livability, supporting strong occupancy and long-term rental stability. In addition to its strong in-place fundamentals, the property presents a unique value-enhancement opportunity through commercial condominium mapping, allowing a future owner to potentially subdivide the asset into individual units for separate resale. This strategy provides flexibility to partition the property into smaller, more marketable investments, often achieving a higher aggregate value compared to a traditional bulk sale. Located along the well known Pacific Beach Drive, the property provides immediate access to Mission Bay, the Pacific Ocean, and the vibrant Pacific Beach commercial corridor, known for its restaurants, cafés, nightlife, and recreational amenities. With close proximity to major employment hubs and easy access to key transportation. ***

1420 Pacific Beach Dr, Pacific Beach/Mission Beach
$2,700,000
260007140SD MLS ⋅ Active Status
We are pleased to present 1930-34 Hornblend Street in beautiful Pacific Beach. The property consists of a detached, front 3 Bed / 1.5 Bath house with a large, fenced yard, and a rear structure built in 1975 with 2 second story 2 Bed / 1.5 Bath units above a 1 bedroom and a studio unit with 3 single car garages that provide additional income. There are 4 additional parking spaces in the alley. There are 4 electric meters. Several units have been remodeled. The roof on the rear structure was replaced last year and the roof on the front house was replaced 13 years ago. The investment is ideal for an owner occupant or investor and has upside in rents. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

1930 Hornblend Street, Pacific Beach/Mission Beach
$11,995,000
260002969SD MLS ⋅ Active Status
A twenty-four (24) unit property located just off the coast of Pacific Beach, San Diego. The property is situated on a 14,077 square foot lot and is comprised of eight (8) studio units and sixteen (16) one bedroom/one-bath units. The property was recently remodeled inside and out with luxury finishes and a modern design. All units have been upgraded with new cabinets, quartz countertops, vinyl plank flooring, stainless appliances, and lighting fixtures. The property’s landscaping, windows, and common areas have also been upgraded. Pacific Beach is one of the best multifamily investment neighborhoods in San Diego. Additionally, this property is has a walk score of 93. Residents enjoy being just a few blocks from the Pacific Ocean and close to Garnet and Grand Ave, allowing residents to enjoy both the beach and local shops and restaurants all within just a short walk. This property is an opportunity for an investor to participate in the upside of this stable and growing beach community.

930 Felspar St, Pacific Beach/Mission Beach
$10,395,000
240012130SD MLS ⋅ Active Status
Beautiful 8 townhome condos [map expired] in Pacific Beach, California Please call listing agent for full marketing package and drone video

2050 Garnet Ave, Pacific Beach/Mission Beach

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.