$5,425,000
SOLD OCT 15, 2025
27 Beds
23 Baths
9,330 Sq Ft
0.27 Acres

Recently Sold

$581 Per Sq Ft

10% Below List Price

92 Days on Market

About This Home

As of October 2025

14 UNITS IN PRIME PACIFIC BEACH LOCATION ONLY 5 BLOCKS TO THE BEACH OR BAY. CLOSE TO ALL THAT PACIFIC BEACH HAS TO OFFER. FIRST TIME OFFERED FOR SALE IN OVER 35 YEARS. VERY WELL MAINTAINED PROPERTY THAT HAS BEEN PROFESSIONALLY MANAGED. SEVERAL UNITS HAVE BEEN UPGRADED AND THE SB721 STAIR AND BALCONY INSPECTION HAS BEEN COMPLETED. COURTYARD STYLE BUILDING WITH ON-SITE LAUNDRY, STORAGE LOCKERS AND DUAL PANE WINDOWS. 16 PARKING SPACES BRING IN ADDITIONAL INCOME. PACIFIC BEACH IS ONE OF THE BEST RENTAL MARKETS IN SAN DIEGO COUNTY. THIS IS A SPECIAL OPPORTUNITY FOR THE SAVVY INVESTOR. LARGE 12,000 SQFT LOT THAT ALLOWS FOR POSSIBLE FUTURE DEVELOPMENT. SHOWN WITH ACCEPTED OFFER, DO NOT DISTURB TENANTS. PROPERTY IS BEING OFFERED AS IS.

Last Agent to Sell the Property

Brian Barber

Coldwell Banker Realty License #00963232 Listed on: 06/12/2025

Coldwell Banker Realty

Co-Listed By

Donna Dupont

Coldwell Banker Realty License #01927607

Last Buyer's Agent

Ben Sierpina

Marcus & Millichap License #02062416

Property Details

Home Type

  • Multi-Family

Home Design

  • 9,330 Sq Ft Home

Parking

  • 17 Parking Spaces
  • Parking Available

Additional Features

  • 27 Bedrooms
  • Lot Dimensions are 100x120
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $32,865

Community Details

Overview

  • 14 Units

Building Details

  • 14 Leased Units
  • Operating Expense $176,809

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • Community Features: Other/Remarks
  • Lot Size: 100X120
  • CapRate: 3.63
  • Co List Office Mls Id: 61680
  • Co List Office Mls Id: 61680
  • Living Area: 9330.0
  • NumofLeasedApartments: 14
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 27

Garage/Parking

  • Parking Features: Spaces
  • Total Parking Spaces: 17.0

Utilities

  • Heating: Wall
  • Laundry Features: Leased

Lot Info

  • Lot Size Sq Ft: 12045.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 14
  • Annual Operating Expense: 176809.0
  • Total Actual Rent: 32865.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Sold $5,425,000 -9.5% $581 / Sq Ft
09/12/2025 09/12/25 Pending -- -- --
08/09/2025 08/09/25 For Sale $5,995,000 0.0% $643 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $5,995,000 -- $643 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250030423

San Diego MLS

APN: 423-086-07-00