Welcome to the Surf House located at 1478 Hornblend Ave. This newly renovated asset is in the highly sought after coastal community of Pacific Beach, California. The luxury apartment complex consists of 10 total units. There is a studio, six 1 bedroom 1 bath units, two 2 bedroom 1 bath units, and one 2 bedroom 2 bath unit. Including the exclusive use patios and balconies the total rentable square footages comes out to 8,074. The building sits on a 6,240 sq ft lot. In 2023 the building went through an extensive remodel. This included but is not limited to brand new quartz counter tops, stainless steel appliances, cabinetry, vanities, custom tile shower enclosures, split heating and air conditioners, vinyl plank flooring, fresh paint inside and out, new staircases and landing, new roofs, waterproof and deck coating, new 400 amp electrical service, 100 amp individual panels in each unit, and much more. The thoughtful improvements did not stop there as every rental has their own private laundry. Some units have access to roof top decks that feature gorgeous ocean and bay views. All work is permitted and per current building codes. No detail was left untouched provide residents with every amenity they could desire and an ownership with a turn-key asset in a prime beach market.
Welcome to the Surf Houses located at 1468-1478 Hornblend Street. This newly renovated asset is in the highly sought after coastal community of Pacific Beach, California. This luxury apartment community consists of twenty total units. There are two studios, twelve 1 bedroom 1 bath units, five 2 bedroom 1 bath units, and one 2 bedroom 2 baths. The buildings sit on two lots with a total of 12,338 sq ft. In 2023 the buildings went through an extensive remodel. This included but is not limited to brand new quartz counter tops, stainless steel appliances, cabinetry, vanities, custom tile shower enclosures, split heating and air conditioners, vinyl plank flooring, fresh paint inside and out, new staircases and landing, new roofs, waterproof and deck coating, new 400 amp electrical service, 100 amp individual panels in each unit, and much more. The thoughtful improvements did not stop there as every rental has their own private laundry. Some units have access to exclusive use roof top decks that feature gorgeous ocean and bay views. All work is permitted and per current building codes. No detail was left untouched to provide residents with every amenity they could desire and an ownership with a turn-key asset in a prime beach market.
Prime Pacific Beach Location on a high traffic street! First floor modern office condo with 7 (potential for 8) good size office spaces including a meeting area and kitchenette. All recently redone and move in ready! Secured underground parking with two parking spots, conference room, shower facilities and elevator service. Located in Pacific Beach just 1 mile west of the I-5 and walkable to San Diego's hot spots, including restaurants, coffee shops and the beach! Pacific Beach, affectionately known as PB, is a vibrant coastal community nestled along the shores of San Diego, California. Renowned for its laid-back atmosphere and endless stretches of sandy beaches, Pacific Beach attracts surfers, sun-seekers, and locals alike. The lively boardwalk buzzes with activity, lined with eclectic shops, trendy cafes, and bustling bars, creating a dynamic hub for both daytime adventures and vibrant nightlife. Whether catching waves, strolling along the iconic Crystal Pier, or enjoying panoramic ocean views from the scenic Belmont Park, Pacific Beach offers a quintessential Southern California experience that captures the essence of coastal living.
Unit 2L. 425 sq.ft. Office condo in Pacific Beach. private quit location within the complex. Underground parking. Conference room just a few feet away. HOA is researching to see if units can be used as residential, ie; work/live. No one is using their unit as residential now, but the price increase could be substantial.
Courtesy: Big Block Realty, Inc
Pleased to present qualified investors with the rare opportunity to acquire a value-add retail building off the corner of busy University and College Ave! Currently, rents are significantly below market offering a new buyer the potential to substantially increase income. The building comprises six suites, with five leases on a month-to-month basis or expiring soon. The property features monument signage, on-site parking in front and behind the building, and is conveniently located just over a mile from San Diego State University. Please contact listing agent for offering memorandum and full financial details. MLS financial information is estimated given limited # of fields.
A prime investment opportunity with immediate cash flow. This fully leased 8-unit apartment building features 7 two-bedroom units and 1 one-bedroom unit. Located in the desirable University Heights neighborhood, the property is within walking distance of shops, restaurants, and public transportation, enhancing its appeal to tenants. On-site laundry facilities and a shared outdoor space provide added value for residents. This corner lot has 5100 square feet of improved space, offering potential for future enhancements.
This is an outstanding opportunity for an investor now and owner user in the future. Two separate buildings on two separate parcels will allow new owner to rent one property and use the other. Fenced secured yard with dock high one story buildings such as this are difficult to find. Currently, Canteen which is part of the Compass Group, a worldwide conglomerate, is the tenant with a lease that is as close as possible to NNN. Newer three story light manufacturing buildings have been built west of this property.
A prime investment opportunity with immediate cash flow. This fully leased 8-unit apartment building features 7 two-bedroom units and 1 one-bedroom unit. Located in the desirable University Heights neighborhood, the property is within walking distance of shops, restaurants, and public transportation, enhancing its appeal to tenants. On-site laundry facilities and a shared outdoor space provide added value for residents. This corner lot has 5100 square feet of improved space, offering potential for future enhancements.
Once in a generation opportunity to acquire two adjacent parcels totaling 15,648 sqft spread across 6 structures. The buildings consist of 10 units with mixes split between detached cottages, duplexes, and a triplex. A 2 car garage attached to the triplex is being rented out that can easily be converted into an ADU. An additional storage area is being rented out as well between the detached cottages. The property has alley access with 4 assigned parking spaces (two in the front & two in the rear). The property sits in an opportunity zone giving buyers the chance to gain massive tax savings, and the option to build multiple new units (Buyer to do proper due diligence with city to confirm all facts). The rents have recently been raised with the property now bringing in $14,525/mo before expenses. Tenants are all on month to month lease agreements.
Fantastic Medical building with 16,000 S.F. Corner Lot with Giant Solar Array Parking structure, currently used as Dental practice outfitted with medical gas. Great for Oral Surgery Center, 5/6 Operatories, Large 675 S.F. Seminar Room / or convert to Oral Surgery Operatories. _______ See Floor Plan. ________ Aprox. 16,000 S.F. corner lot with 17 parking spaces! Plenty of street parking. Aprox. 3698 S.F., with possible easy S.F. add in patio area._______ Aprox. $400,000. 1st year depreciation to OFFSET INCOME TAXES. Save BIG $$ on ELECTRIC BILL with the SOLAR ARRAY. ________Solar Array costs $500,000, you can deduct $100,000 a year in depreciation for BIG TAX SAVINGS. _______ AT&T Cell tower onsite. At the price of $2,295,000., the AT&T cellular Lease does not convey in this transaction. ________Property was appraised at $3,750,000 by commercial appraiser.
For Sale, located approximately 4 blocks from the beach and 6 blocks from the Bay is Two parcels totaling approximately 6300sqft of RM-2-5 dirt located in Pacific Beach. Alley access is prime as it allows for easy parking for any future development. The site currently holds (2) Duplex style buildings that would be potentially demolished to make room for an ~18 unit / 10 parking spot development (per feasibility study). More details and pics to come. *broker has financial interest in both parcels*
2 Parcels. 4417 Mentone (2BR/1Bath House) & 4419-21 Mentone (4-Plex with all 2BR/1Bath). Both properties share 1 water meter. Estimate to add an additional water meter is $35K. Once separately metered can finance individually with 2 Residential Loans (30 YR Fixed with up to 80% LTV) for owner and non-owner occupied. Rents are well below market with long term tenancy and ownership. 4419.5 is occupied by family and willing to either sign new lease at market rents or vacate prior to close. Quiet Section of Ocean Beach with mainly smaller SFR & 2-4 Unit Properties yet a short walk or ride to all the coastal amenities Ocean Beach has to offer.
Courtesy: Big Block Realty, Inc
4149 Wabash is a fully renovated 9-unit multifamily property with strong rental income. Set on a generous 6,995 square foot lot, this well-maintained property offers a diverse unit mix, featuring Four Studio Units, Four 1-Bedroom/1-Bathroom Units, and One 2-Bedroom/1-Bathroom Unit. Every unit has been thoughtfully updated with modern finishes and includes in-unit laundry, enhancing tenant convenience and appeal. With high-quality upgrades throughout, 4149 Wabash combines low-maintenance operations with strong tenant demand. Current rents provide strong cash flow, making this an excellent opportunity for investors seeking a stable, income-generating asset with minimal upkeep.
Just Listed! Great opportunity to own 14 units in this wonderful Mission Hills neighborhood. Good central San Diego location in close proximity to downtown, Balboa Park and the Airport. Hurry won't last!
6.7% cap rate on actuals. Motivated Seller! Presenting 3643-49 Logan Avenue, a multifamily investment gem comprising five units, three of which are newly constructed, situated on a 6,956 square foot lot. The newly built structure is designed for modern living, featuring separately metered utilities, solar panels, and a detached laundry facility to minimize operational costs and maximize profitability. Notably, the new construction units are exempt from AB 1482 Rent Control Restrictions for the next 15 years. Each unit is thoughtfully equipped with practical amenities such as stainless steel appliances, mini-split A/C units, and individual water heaters, all within a secure gated complex. Additionally, two original units present opportunities for further value optimization, providing a diverse mix of rental income streams.
6.7% cap rate on actuals. Motivated Seller! Presenting 3643-49 Logan Avenue, a multifamily investment gem comprising five units, three of which are newly constructed, situated on a 6,956 square foot lot. The newly built structure is designed for modern living, featuring separately metered utilities, solar panels, and a detached laundry facility to minimize operational costs and maximize profitability. Notably, the new construction units are exempt from AB 1482 Rent Control Restrictions for the next 15 years. Each unit is thoughtfully equipped with practical amenities such as stainless steel appliances, mini-split A/C units, and individual water heaters, all within a secure gated complex. Additionally, two original units present opportunities for further value optimization, providing a diverse mix of rental income streams.
Behold 4956-64 Santa Cruz Ave. San Diego, CA 92107, an exceptionally well-located eight (8) unit multifamily property on a larger than typical lot for the area, ideally situated just 1 block from Santa Cruz Cove Beach, within the premium/coastal South Ocean Beach sub-market. Residents here also enjoy being within walking distance to the best area dining/retail/shops on/near Newport Ave. (4 blocks), as well as the iconic OB Pier (4 blocks). The unit mix consists of seven (7) one-bedroom/one-bathroom units, four of which are freestanding single story cottages (each with generous private outdoor areas), and one (1) three-bedroom/one-bathroom unit. There are four (4) functional garages, one storage room, and a laundry room on-site. The main property entry off of Santa Cruz Ave. has a short brick/stucco pony wall, beyond which are front lawns, tasteful perimeter landscaping, and a concrete walkway down the middle that leads to the units. Constructed on a 10,500+ SF lot, 4956-64 is improved by mostly single-story cottage-style buildings, and one two-story building towards the rear of the lot near the alley. All buildings are built of wood-frame construction on concrete on grade foundations, with flat roofs. The apartments are separately metered for gas and electricity, and the property is presently on city trash. Some windows have been replaced with dual-pane vinyl. Interiors are estimated to be clean yet dated, with basic appliance packages and wall heat, providing an opportunity for an investor to renovate the units to a higher-end product, similar to others nearby. Possibilities for adding density to this property may include new construction ADUs, renovations/additions with additional ADUs, and or garage to ADU conversion(s). Given the maximum building height within the (San Diego) coastal zone is 30 feet, an opportunity exists on this large/underutilized lot, to build up in a manner that would add significant value via blue water ocean views from some units. Additional options for accelerating revenue growth could include converting one or more of the cottage-units to short term rentals upon any future turnovers, as the property is just 1 block from the idyllic cove beach at the end of Santa Cruz Ave, boasting sandy beach areas, reefs, tide pools and coastal trails. There is a dearth of affordable lodging in this highly sought after South OB/Sunset Cliffs area. Given the extremely desirable coastal location of this asset, coupled with the fact that it has more than typical land per unit, allowing for several ADU construction and/or conversion options, the astute long-term investor will find value in the ability to command top of market rents via a modernization of this well-situated property. This is a very rare and unique opportunity, held by the same ownership for well over forty years for good reason!
Behold 4956-64 Santa Cruz Ave. San Diego, CA 92107, an exceptionally well-located eight (8) unit multifamily property on a larger than typical lot for the area, ideally situated just 1 block from Santa Cruz Cove Beach, within the premium/coastal South Ocean Beach sub-market. Residents here also enjoy being within walking distance to the best area dining/retail/shops on/near Newport Ave. (4 blocks), as well as the iconic OB Pier (4 blocks). The unit mix consists of seven (7) one-bedroom/one-bathroom units, four of which are freestanding single story cottages (each with generous private outdoor areas), and one (1) three-bedroom/one-bathroom unit. There are four (4) functional garages, one storage room, and a laundry room on-site. The main property entry off of Santa Cruz Ave. has a short brick/stucco pony wall, beyond which are front lawns, tasteful perimeter landscaping, and a concrete walkway down the middle that leads to the units. Constructed on a 10,500+ SF lot, 4956-64 is improved by mostly single-story cottage-style buildings, and one two-story building towards the rear of the lot near the alley. All buildings are built of wood-frame construction on concrete on grade foundations, with flat roofs. The apartments are separately metered for gas and electricity, and the property is presently on city trash. Some windows have been replaced with dual-pane vinyl. Interiors are estimated to be clean yet dated, with basic appliance packages and wall heat, providing an opportunity for an investor to renovate the units to a higher-end product, similar to others nearby.
This 7-unit property at 6736-38 Kelly St, San Diego, offers excellent investment potential with ADU possibilities, located in Tier 4 of Complete Communities. With prime access to local amenities and public transit, this property combines convenience and growth opportunities in one of San Diego's most sought-after development zones. This property also includes a multitude of fruit trees for tenants to enjoy. Ideal for investors looking to maximize value in a rapidly evolving neighborhood.
This 7-unit property at 6736-38 Kelly St, San Diego, offers excellent investment potential with ADU possibilities, located in Tier 4 of Complete Communities. With prime access to local amenities and public transit, this property combines convenience and growth opportunities in one of San Diego's most sought-after development zones. This property also includes a multitude of fruit trees for tenants to enjoy. Ideal for investors looking to maximize value in a rapidly evolving neighborhood.
This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments, this property is located directly in the path of future growth. With rents currently below market, it presents significant value-add potential for investors, offering the chance to unlock increased rental income through targeted improvements and proactive management.
See Offering Memorandum in attachments SOUTH PARK PREMIER SITE Showpiece urban investment on a prime corner in San Diego's beloved South Park Neighborhood. 3 Stunning Residential Lofts, all mo-to-mo, 2 Commercial Suites and 1 Verizon Cell Tower. Market Rate 6% Cap - Contact Broker. Opportunities to acquire prime sites within the walkable district of South Park are rare. Ownership has historically rented to tenants within their network instead of maximizing rents on the open market. Designed by acclaimed local architect Jim Brown, these suites exude the best qualities of urban living and working with high ceilings, exposed bricks, trusses and beams. Walk to 20+ local shops, restaurants and cafes.
Fully renovated Villa Terrace Apartments located in the heart of North Park. 5 remodeled units + 1 new ADU unit, for a total of 6 units. Charming 2bdr+office/1bath home in front and five 1bdr/1bath units at the rear along with 4 single car garages. Unit upgrades include HVAC, LVP flooring, new kitchens with new countertops, cabinetry and S/S appliances, new bathrooms, new windows, new shades and more. Exterior upgrades include new stucco, new turf, new stairs, new railings, new waterproofing and more. On-site shared laundry room includes 2 owned washer-dryer units. Prime turn-key condition. Great location; walking distance to Balboa Park and North Park restaurants and shops.
San Diego is located in California. San Diego, California has a population of 1,390,966. San Diego is less family-centric than the surrounding county with 33.94% of the households containing married families with children. The county average for households married with children is 34.63%.
The median household income in San Diego, California is $71,535. The median household income for the surrounding county is $70,588 compared to the national median of $57,652. The median age of people living in San Diego is 34.3 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 12.1 inches per year, with 0 inches of snow per year.
