18
See all 18 photos
$2,395,000
Est. payment /mo
8 Beds
4 Baths
6,245 Sqft Lot
New
1057-1063 Grand Ave San Diego, CA 92109
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Pacific Beach
MLS Listing ID 260013552
Bedrooms 8
Full Baths 4
Year Built 1960
Lot Size 6,245 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
4-units with 4 garages in PB and only 3.5 blocks to the ocean! All units consist of 2 bedroom, 1 bath, 825 sqft with private patios. All are residential units totaling 3,300 sqft on a 6,245 sqft lot. Seller is selling property nextdoor with same configuration (MLS 260013547). Current rents are extremely low. CAP 4.5% at $3,500 a month rent w/ no updating. Also, potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. Two units are currently STVRs (one unit pictured), one vacant, one long term. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<
Location
State CA
County San Diego
Area Coastal South
Zoning RM 2-5
Interior
Heating Wall/Gravity
Cooling Wall/Window
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N No
Water Access Desc Meter on Property
Roof Type Composition
Building
Story 2
Water Meter on Property
Level or Stories 2
Others
Senior Community No
Tax ID 423-154-06-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Other/Remarks
Listed by Monique LeBlanc, DRE#01826588 The Agency
NEARBY SCHOOL & BUSINESS
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