Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1980
Sq.Footage
N/A
OPTIONS! Long term rental, Airbnb or potential condo conversion. $250,000+ current gross annual income. 1152-54 Pacific Beach Dr. is a premier four-unit investment property in the coveted Sail Bay neighborhood of Pacific Beach, San Diego. Originally constructed in 1980 and extensively renovated in 2023, this coastal gem features a desirable condo quality mix of one large four-bedroom/two-bath front house, one three-bedroom/two-bath unit, and two two-bedroom/two-bath units. Two single car garages are also at the rear of the building along with four surface parking spaces. The units are spacious, ranging from 800 to 2,000 square feet, boasting modern interiors with new kitchens, stainless steel appliances, marble countertops, and farm-style sinks. Select units include full-size washer/dryers, and all benefit from air conditioning and new dual-pane windows. Additional upgrades include a new 30 year roof, all new electrical sub-panels, iron security gates, EV charging stations and more. Ideally situated just one block from Sail Bay, residents enjoy proximity to the Bayside Boardwalk, Fanuel Street Park, and the Catamaran Resort, with the Pacific Ocean also a short walk away. Numerous shops, restaurants, and bars of Pacific Beach and Mission Beach are also within easy reach, enhancing the property’s appeal for residents. This versatile investment offers opportunities for long-term rentals, lucrative Airbnb potential, or potential condo conversion, with comparable nearby condos fetching nearly $1,000 per square foot.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Residential Income
Price
-
Sales Price
$3,945,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
San Diego
Elementary School
Middle School
High School
Listing Courtesy of Nate Pepper , CBRE
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