6
See all 6 photos
$4,000,000
Est. payment /mo
7,840 Sqft Lot
New
901 Sapphire ST San Diego, CA 92109
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2504299
HOA Y/N No
Year Built 1950
Lot Size 7,840 Sqft
Lot Dimensions Appraiser
Property Description
Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diego's most sought-after coastal communities. Just blocks from the ocean, this walkable location boasts a Walk Score® of 88 and provides easy access to Garnet Avenue, shops, restaurants, nightlife, and public transit. This Pacific Beach, prime location multi-unit property consists of ten 1-bedroom units with development potential to convert several units into 2-bedroom layouts (buyer to verify). Situated on a 7,876 SF R-3 zoned lot (0.18 acres), the site also offers long-term redevelopment upside. Additional features include 10 surface parking spaces, strong in-place income, and significant value-add potential through interior renovations and rent optimization. With limited inventory in the area and high tenant demand, this is a rare investment opportunity with room to grow in both cash flow and equity. See attached Memorandum in Documents.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Zoning R-3:RESTRICTED MULTIPLE
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4152421000
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Mike Aon • Realty Executives Dillon • Mike@theaongroup.com