$2,500,000 USD
859-433-8741
1460 Grand Ave
San Diego, CA 92109
Pacific Beach
HIGHLIGHTS
- Rare Pacific Beach value-add opportunity combining immediate cash flow with significant long-term development potential.
- Plans in final review to expand the property from 3 to 9 residential units with six newly designed studio apartments.
- Renovated existing improvements provide stable in-place income while development plans progress toward approval.
- Driveway and alley access enhance parking flexibility, site circulation, and future construction logistics.
- Proposed studio residences feature private balconies, with select upper-floor units offering potential Mission Bay and Pacific Ocean views.
- Premier coastal location just blocks from Mission Bay, the beach, restaurants, cafés, shopping, and Pacific Beach's vibrant nightlife.
OVERVIEW
Whitewater Commercial Real Estate is pleased to present 1460 Grand Avenue, a rare opportunity to acquire a renovated Pacific Beach triplex with plans in final review to build six additional studio units. The property offers immediate rental income, the potential for nine total units and a highly walkable coastal location approximately four blocks from Mission Bay and seven blocks from the Pacific Ocean.
FOR SALE DETAILS
PRICE
$2,500,000 USD
PRICE/SF
$402 USD /SF
# OF UNITS
3
PRICE/UNIT
$833,333
CAP RATE
Request Cap Rate
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1950
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
6,098 SF
ZONING
RM-2-5
APN/PARCEL ID
423-181-14
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859-433-8741
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859-433-8741
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