1478 Hornblend Street

San Diego , CA 92109

MLS#: 250034354SD

$6,350,000

Status: Active
Listing number: 250034354SD
Listing provided by: Marcus & Millichap
Listing agent phone: None
Last update: 4 days ago
On site: 6 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

The Surf House at 1478 Hornblend Avenue, a fully rebuilt and modernized 10-unit apartment community in the heart of Pacific Beach, San Diego. Offered at $6,350,000, the property operates at a 4.73% cap rate and a 14.93 GRM—a rare combination of strong returns and turnkey quality in one of Southern California’s most supply-constrained coastal markets. Completed in June 2024, the building underwent a full down-to- the-studs renovation, including all-new systems: 600-amp elec- trical (100-amp per unit), new plumbing, central water heater, and a 2024 fire sprinkler system. Structural upgrades include a new foundation, roofing, stucco, windows, gutters, and steel staircases. Interiors were finished with quartz countertops, custom cabinetry, stainless steel appliances, designer tile, luxury vinyl plank flooring, in-unit laundry, and split HVAC systems. Each unit also features pri- vate outdoor space—exclusive yards or roof decks with panoramic ocean and bay views. All construction was completed with 100% City of San Diego per- mits and built to current code—a major differentiator in the coast- al market. Located just six blocks from the beach and steps from Garnet Avenue, The Surf House offers a 96 Walk Score and long- term rent growth potential, supported by strict coastal zoning and limited new apartment development in Pacific Beach.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    NO

  • Heating

    None

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $6,350,000

  • 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

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Listing Courtesy of Aaron Bove , Marcus & Millichap

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The Surf House at 1478 Hornblend Avenue, a fully rebuilt and modernized 10-unit apartment community in the heart of Pacific Beach, San Diego. Offered at $6,350,000, the property operates at a 4.73% cap rate and a 14.93 GRM—a rare combination of strong returns and turnkey quality in one of Southern California’s most supply-constrained coastal markets. Completed in June 2024, the building underwent a full down-to- the-studs renovation, including all-new systems: 600-amp elec- trical (100-amp per unit), new plumbing, central water heater, and a 2024 fire sprinkler system. Structural upgrades include a new foundation, roofing, stucco, windows, gutters, and steel staircases. Interiors were finished with quartz countertops, custom cabinetry, stainless steel appliances, designer tile, luxury vinyl plank flooring, in-unit laundry, and split HVAC systems. Each unit also features pri- vate outdoor space—exclusive yards or roof decks with panoramic ocean and bay views. All construction was completed with 100% City of San Diego per- mits and built to current code—a major differentiator in the coast- al market. Located just six blocks from the beach and steps from Garnet Avenue, The Surf House offers a 96 Walk Score and long- term rent growth potential, supported by strict coastal zoning and limited new apartment development in Pacific Beach.

1478 Hornblend Street

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