27
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$2,500,000
Est. payment /mo
9 Beds
5 Baths
6,251 Sqft Lot
New
1951-1955 Hornblend 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 San Diego
MLS Listing ID 250042123
Bedrooms 9
Full Baths 4
Half Baths 2
Year Built 1977
Lot Size 6,251 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of Pacific Beach, this fully occupied triplex presents a stabilized multifamily investment with strong upside potential. Positioned on a full-size 6,251 square foot lot just 11 blocks from the beach and minutes from the pier, the property offers residents convenient access to popular shopping, dining, and lifestyle destinations, including CVS, Ralphs, Vons, Trader Joe's, Starbucks, and nearby malls. Its central location also places it within a short drive of downtown San Diego, La Jolla, and three major universities—USD, SDSU, and UCSD—making it a highly attractive rental choice for tenants seeking both coastal living and urban convenience. The property encompasses approximately 3,150 square feet of improvements and features a front five-bedroom, two-bath unit of roughly 1,450 square feet, along with two rear twin units, each offering two bedrooms and one-and-a-half baths at about 1,025 square feet. All units are currently tenant-occupied and in turn-key condition. In addition, two 450-square-foot garages present excellent ADU development potential, creating an opportunity to add value and increase future rental income. With San Diego's CO-1-2 mixed-use zoning, the property benefits from flexible development options ranging from commercial and mixed-use to multifamily, further enhancing its long-term investment appeal. Reach out for a full offering memorandum.
Location
State CA
County San Diego
Area Coastal South
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Cross Fencing
View Y/N No
Roof Type Other/Remarks
Building
Story 2
Level or Stories 2
Others
Tax ID 4240420700
Listed by Christopher J Luna Backyard Brokerage Inc.
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