1352-1364 Sunset Cliffs Blvd - Apartments FOR SALE


San Diego, CA 92107- Ocean Beach
$9,700,000 USD
720-841-8139
1352-1364 Sunset Cliffs Blvd, San Diego, CA for Sale
$9,700,000 USD
Apartments - FOR SALE
1/35
null | 2.19% Cap Rate

1352-1364 Sunset Cliffs Blvd
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Once-In-A-Lifetime Beach Front Location in Point Loma
  • Run As Vacation Rentals, Long-Term Rentals, Run Weddings
  • 17,259 SF of Ocean Frontage on Ultra Rare Point Loma Cliffs
  • Build 5 Luxury 3-Bedroom W/ Den Townhomes (Condos); Renderings Attached
  • Opportunity to Build; Up to 17 Apartment Units & 40,000 SF; or Add Units
  • Maximize As Apartments; Reconfigure 1st Floor To 6 Units, 2nd Floor To 6 Units, Add 3rd Floor Of 6 Additional Units

OVERVIEW

We are pleased to present Beachcliff Villas, a truly rare cliff-top, six-unit vacation rental community perched directly above the Pacific Ocean on an expansive 17,259 SF parcel. Offering irreplaceable panoramic ocean views, Beachcliff Villas provides exceptional flexibility—whether continuing operations as a high-performing vacation rental property or pursuing redevelopment opportunities. According to local architectural review, the site may allow approximately 12,000 SF of buildable area, with conceptual renderings prepared for five ultra-luxury three-bedroom townhomes. Additional architectural renderings illustrate what a comprehensive remodel of the existing structure could look like, including potential for reinforcing the footings and adding a third floor of approximately 3,000 SF, further enhancing long-term value. Nestled quietly at the intersection of Ocean Beach and Point Loma, the property sits within one of San Diego’s most coveted coastal enclaves—an area defined by its residential character, scenic bluffs, and proximity to the best of Southern California’s coastal lifestyle. The existing building totals 5,084 SF, consisting of one 2-bedroom/1.5-bath unit (900 SF), four 2-bedroom/1-bath units (870 SF each), and one 1-bedroom/1-bath unit (704 SF). The property includes four single-car garages, six off-street parking spaces, and approximately 950 SF of shared space including a lobby/storage area and conference room. Each unit features hardwood floors, granite countertops, and fully furnished kitchens and living areas—ideal for short- or long-term occupancy. Beyond residential use, the site presents unique event potential. With its oceanfront setting and open layout, Beachcliff Villas could serve as a boutique wedding or event venue, capitalizing on the growing demand for coastal celebrations in San Diego. Consultation with local event operators, such as Wedgewood Weddings, could help quantify this opportunity, with annual revenue potential exceeding $500,000 through property-wide rentals and special events. The property embodies the essence of Southern California coastal living, offering both serenity and investment opportunity. Whether through luxury redevelopment, event activation, or a high-end remodel, Beachcliff Villas stands as a rare chance to own one of San Diego’s few remaining oceanfront assets with significant upside potential. Beachcliff Villas is conveniently located just: ~10 minutes from SeaWorld ~12 minutes from San Diego International Airport ~15 minutes from the Gaslamp Quarter ~18 minutes from Balboa Park and the San Diego Zoo

FOR SALE DETAILS

PRICE

$9,700,000 USD

PRICE/SF

$1,584 USD /SF

# OF UNITS

6

PRICE/UNIT

$1,616,667

CAP RATE

2.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beach Cliff Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,687 SF

ZONING

RM-5-12

APN/PARCEL ID

448-341-02

ASK ABOUT THIS PROPERTY

720-841-8139

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720-841-8139

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