Property Detail

Description

$269,000/door in Pacific Beach! Fully renovated in 2022, this 13-unit multifamily asset offers a well-balanced unit mix of four studios, three 2-bed/1-bath units, and six 1-bed/1-bath units. Rent increases, lease-up of a permitted studio ADU nearing final sign-off set up roughly 10% rental growth. The property is ideally positioned for both residents and investors, with quick freeway access for an easy commute anywhere in San Diego, while sitting just a few blocks from Mission Bay Golf Course and the shores of the bay — a rare combination of everyday convenience and lifestyle appeal. Ample on-site parking adds further value for tenants. With renovations already completed, strong location fundamentals, and parking that's increasingly hard to find in the area, this offering presents a turnkey opportunity with enduring tenant demand.