909 Chalcedony St - Apartments FOR SALE


San Diego, CA 92109- Pacific Beach
$1,950,000 USD
858-369-3084
909 Chalcedony St, San Diego, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/7
null | 3.15% Cap Rate

909 Chalcedony St
San Diego, CA 92109
Pacific Beach


HIGHLIGHTS

  • Two blocks to beach
  • Value add potential with interior renovation
  • ADU potential with garage conversion
  • Walking distance to Pacific Beach's most popular restaurants & nightlife

OVERVIEW

Kidder Mathews is pleased to present 909–911 Chalcedony Street, a well-located triplex offering significant value-add potential in the desirable area of North Pacific Beach. Originally constructed in 1956, the property features a detached three-bedroom, one-bath single-family residence with a single-car garage at the front of the lot, along with a rear duplex comprised of two stacked two-bedroom, one-bath units. The units have been well maintained but remain largely in original condition, providing a clear opportunity for a new owner to implement interior renovations with modern, high-end finishes and in-unit washer/dryers to substantially increase rental income. Additional upside exists through the potential conversion of the detached garage into an accessory dwelling unit (ADU). Ideally situated within walking distance to Pacific Beach’s premier restaurants, nightlife, and amenities, the property benefits from a highly desirable coastal location that supports strong rental demand and long-term appreciation.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$727 USD /SF

# OF UNITS

3

PRICE/UNIT

$650,000

CAP RATE

3.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

909-911 Chalcedony Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,841 SF

ZONING

RM-1-1

APN/PARCEL ID

415-541-03

ASK ABOUT THIS PROPERTY

Eric ComerKidder MathewsMore Info
858-369-3084

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Eric ComerKidder MathewsMore Info
858-369-3084

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