1228 Grand, Pacific Beach/Mission Beach, CA 92109

$2,500,000
7
BD
7
BA

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List Price
$2,500,000
Days on Market
1
Status
ACTIVE
MLS#
260021407
Bedrooms
7
Bathrooms
7
Lot Size(apprx.)
6,218
City
Pacific Beach/Mission Beach
Neighborhood
Pacific Beach
Complex/Building Name
Pacific Beach
Property Type
Multifamily
Year Built
1952

Property Description

Four-unit investment opportunity in the heart of Pacific Beach with existing income and additional development potential. The property features a desirable mix of one- and two-bedroom residences, including two spacious two-bedroom/one-and-one-half-bath units, one two-bedroom/two-bath unit, and one one-bedroom/one-bath unit. Plans have been prepared for three additional ADUs, offering an opportunity to expand the property to seven total units, subject to City review and approval. Conveniently located near the beach, Mission Bay, restaurants, shopping, entertainment, public transportation, and major employment centers. An opportunity to acquire an income-producing coastal asset with multiple paths for future value creation. Buyer to independently verify leases, rents, deposits, square footage, zoning, ADU feasibility, plan status, permitting requirements, and all property information with the appropriate professionals and governmental agencies.

Additional Information

Building Name
Pacific Beach
Cooling
Central Air
Lot Size
6,218
Neighborhood
Pacific Beach
Roof
Tile/Clay
Tenant Pays
Water, Cable TV, Electricity, Gas/Propane
Year Built
1952

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Aaron Bove (858-945-7094) from Listing Office: Colliers International SD, Inc.

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