$3,300,000

Estimated payment $20,205/month

8 Beds
8 Baths
4,528 Sq Ft
$729 Price per Sq Ft

Highlights

  • Landscaped
  • Crown Point Junior Music Academy Rated A-
  • 4-minute walk to Fanuel Street Park

About This Home

We are pleased to offer 4073 Gresham Street, a fully modernized and turnkey five (5) unit multifamily property in beautiful Pacific Beach, ideally located within 1.5 blocks to Sail Bay access and Fanuel Street Park, within the coveted Crown Point area. Comprised of two (2) large 1Br/1Ba units and three (3) spacious 2Br/1.5Ba townhome units (each with private/enclosed back patio), units have been upgraded to a high level back around 2016, with newer cabinetry, countertops, s.s. appliances, in-unit washer/dryers, vinyl plank flooring (downstairs), and fully remodeled bathrooms with tiled shower enclosures. In addition to being steps from the bay and 7 blocks from the beach, the property boasts gate code access, dual-pane vinyl windows/sliders throughout, as well as a laundry room (currently used as storage), and a large rear common area patio/bike storage/surfboard storage/bbq area. Units are all electric, separately metered for electricity. Residents love having a full tandem off-street parking space (5 tandem off-street spaces for 10 total spaces!), especially in the Summertime when parking gets very scarce in this sought after neighborhood. Great property and location that always attracts top-tier long-term tenants, and has also done incredibly well as a short term rental property (until covid hit in 2020, when owner changed to long-term rental operations and never looked back). Lowest rented 2Br unit was just re-rented at $4,095 this month (which was around $3,050 before that), with several very qualified applicants trying to lock it down.

Listing Agent

Joseph Burrough

Palma Commercial License #02014504 Listed on: 08/25/2026

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,514 Sq Ft Lot
  • Landscaped

Home Design

Interior Spaces

  • 8 Bedrooms
  • 4,528 Sq Ft Home
  • 2-Story Property

Parking

  • 10 Parking Spaces
  • Parking Available

Utilities

  • Radiant Heating System

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • Operating Expense $71,486

Property Details

Home Type

Multi-Family

Lot Details

5,514 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • CapRate: 3.95
  • Co List Office Mls Id: 3874
  • Directions: Right near Sail Bay and Fanuel Street Park.
  • Living Area: 4528.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-08-25T19:21:37Z
  • FullAddress: 4073 Gresham St.
  • NumofLeasedApartments: 5
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Flooring: Slab

Exterior Features

  • Roof: Other/Remarks
  • Construction Type: Fully Landscaped

Garage/Parking

  • Parking Features: Spaces
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Other
  • Heating: Radiant

Lot Info

  • Lot Size Sq Ft: 5514.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 5
  • Annual Operating Expense: 71486.0
  • Total Actual Rent: 17007.0

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 $25,228 $2,052,698 $1,690,460 $362,238
2025 $25,228 $2,012,450 $1,657,314 $355,136
2024 $24,275 $1,972,991 $1,624,818 $348,173
2023 $23,740 $1,934,306 $1,592,959 $341,347
2022 $23,108 $1,896,379 $1,561,725 $334,654
2021 $22,950 $1,859,196 $1,531,103 $328,093
2020 $22,672 $1,840,133 $1,515,404 $324,729
2019 $22,267 $1,804,053 $1,485,691 $318,362
2018 $20,815 $1,768,680 $1,456,560 $312,120
2017 $20,321 $1,734,000 $1,428,000 $306,000
2016 $2,223 $186,340 $62,039 $124,301
2015 $2,190 $183,542 $61,108 $122,434
2014 $2,158 $179,947 $59,911 $120,036
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
08/25/2026 08/25/26 For Sale $3,300,000 -- $729 / 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 -- Chicago Title Co
Grant Deed $1,700,000 Chicago Title Company
Gift Deed -- Chicago Title Co
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 $1,060,000 New Conventional
Closed $1,100,000 Commercial
Closed $760,000 Negative Amortization
Previous Owner $402,500 Commercial
Source: Public Records

Source: San Diego MLS

MLS Number: 260020788

San Diego MLS

APN: 423-382-39-00

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