$4,000,000

Estimated payment $25,024/month

Total Views 335
10 Beds
8 Baths
5,026 Sq Ft
$796 Price per Sq Ft

About This Home

Eight unit apartment building on a corner lot in Pacific Beach. Built in 1966 and meticulously maintained. Unit mix is six 1BD/1BA and two 2BD/1BA averaging approximately 650 square feet. One dedicated parking space per unit. Six of eight units renovated. Two units have in unit washer and dryer. Current rents approximately 11% below market. Utilities are currently billed at a low flat rate, leaving upside through SDG&E submetering or a market level RUBS program. 89 Walk Score with retail, grocery, and dining within walking distance. Pacific Beach submarket vacancy is 4.2% versus 6.1% countywide, with only 60 units under construction submarket wide and trailing twelve month rent growth near three times the San Diego average. Contact broker for offering memorandum, rent roll, and financials.

Listing Agent

Erik Anderson

Newmark of Southern California License #01991182 Listed on: 07/30/2026

Property Details

Home Type

  • Multi-Family

Parking

  • 8 Parking Spaces

Home Design

Interior Spaces

  • 10 Bedrooms
  • 5,026 Sq Ft Home
  • 2-Story Property

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • Operating Expense $110,846

Property Details

Home Type

Multi-Family

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 3.9
  • Co List Office Mls Id: 993314
  • Living Area: 5026.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-07-30T22:57:49Z
  • FullAddress: 2003 Emerald Street
  • NumofLeasedApartments: 8
  • Special Features: None

Interior Features

  • Total Bedrooms: 10

Garage/Parking

  • Total Parking Spaces: 8.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 8
  • Annual Operating Expense: 110846.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $35,952 $2,925,811 $2,428,977 $496,834
2025 $35,952 $2,868,443 $2,381,350 $487,093
2024 $34,594 $2,812,200 $2,334,657 $477,543
2023 $33,830 $2,757,060 $2,288,880 $468,180
2022 $32,929 $2,703,000 $2,244,000 $459,000
2021 $32,704 $2,650,000 $2,200,000 $450,000
2020 $9,837 $795,704 $474,504 $321,200
2019 $9,662 $780,102 $465,200 $314,902
2018 $9,033 $764,807 $456,079 $308,728
2017 $8,817 $749,812 $447,137 $302,675
2016 $8,673 $735,111 $438,370 $296,741
2015 $8,545 $724,070 $431,786 $292,284
2014 $8,413 $709,887 $423,328 $286,559
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2026 07/30/26 For Sale $4,000,000 +50.9% $796 / Sq Ft
10/14/2020 10/14/20 Sold $2,650,000 -4.5% $527 / Sq Ft View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $2,775,000 -- $552 / Sq Ft
Source: San Diego MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $2,650,000 First American Title Ins Co
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- --
Interfamily Deed Transfer -- --
Grant Deed $545,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,950,000 Commercial
Closed $1,890,000 Commercial
Previous Owner $150,000 Commercial
Previous Owner $250,000 Commercial
Source: Public Records

Source: San Diego MLS

MLS Number: 260018607

San Diego MLS

APN: 416-542-10-00

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