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901 Sapphire St

san diego, CA 92109

$4,000,000

  • contract signed

INTERESTED? LET'S CONNECT

Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diego’s 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.

Details

6,320 Sq Ft

Commercial

Built in 1950

MLS/Listing ID PTP2504354

10 Units

Amenities & Features

Common Area

Lot - Street Level

Lot - Level

Listing Courtesy of REALTY EXECUTIVES DILLON, MIKE AON - 619-504-5042

CRMLS

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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