1152 Pacific Beach Dr - Apartments FOR SALE


San Diego, CA 92109- Pacific Beach
$3,945,000 USD
858-248-1222
1152 Pacific Beach Dr, San Diego, CA for Sale
$3,945,000 USD
Apartments - FOR SALE
1/9
null | 4.5% Cap Rate

1152 Pacific Beach Dr
San Diego, CA 92109
Pacific Beach


HIGHLIGHTS

  • Extensive Renovation Completed in 2023
  • Excellent Unit Mix of Large Two and Three Bedrooms + Five Bedroom Front House
  • Prime Sail Bay Location in The Heart of Pacific Beach – One Block To The Water
  • Onsite Parking + Garages for ADU Potential
  • $250,000 Current Annual Gross Scheduled Income

OVERVIEW

CBRE is pleased to present 1152-54 Pacific Beach Dr., an exceptional coastal four-unit investment property located in the highly soughtafter Sail Bay neighborhood of Pacific Beach in San Diego. Originally built in 1980 and extensively renovated in 2023, the property features an incredible unit mix of one (1) large four-bedroom two bath + den, one (1) three-bedroom two bath and two (2) two bed two bath units. Two single car garages are at the rear of the building along with four surface parking spaces. The units feature spacious layouts with sizes range from 800 sf to 2,000 sf. Interior renovations include all new kitchens with stainless appliances, quartz counters, new cabinetry and farm style sinks. Three of the four units feature air conditioning and select units with full-size washer/dryers. Exterior renovations include all new 30-year roofs, dual pane windows, security gates, updated garage doors and custom metal work exterior stairs.

FOR SALE DETAILS

PRICE

$3,945,000 USD

PRICE/SF

$852 USD /SF

# OF UNITS

4

PRICE/UNIT

$986,250

CAP RATE

4.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,574 SF

ZONING

RM-2-5

APN/PARCEL ID

423-252-14-00

ASK ABOUT THIS PROPERTY

Nate PepperCBREMore Info
858-248-1222

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Nate PepperCBREMore Info
858-248-1222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.