$3,945,000

1152 54 Pacific Beach Dr, San Diego, CA 92109

Multi-Family Home
Built in 1980
—— sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

OPTIONS! Long term rental, Airbnb or potential condo conversion. $250,000+ current gross annual income. 1152-54 Pacific Beach Dr. is a premier four-unit investment property in the coveted Sail Bay neighborhood of Pacific Beach, San Diego. Originally constructed in 1980 and extensively renovated in 2023, this coastal gem features a desirable condo quality mix of one large four-bedroom/two-bath front house, one three-bedroom/two-bath unit, and two two-bedroom/two-bath units. Two single car garages are also at the rear of the building along with four surface parking spaces. The units are spacious, ranging from 800 to 2,000 square feet, boasting modern interiors with new kitchens, stainless steel appliances, marble countertops, and farm-style sinks. Select units include full-size washer/dryers, and all benefit from air conditioning and new dual-pane windows. Additional upgrades include a new 30 year roof, all new electrical sub-panels, iron security gates, EV charging stations and more. Ideally situated just one block from Sail Bay, residents enjoy proximity to the Bayside Boardwalk, Fanuel Street Park, and the Catamaran Resort, with the Pacific Ocean also a short walk away. Numerous shops, restaurants, and bars of Pacific Beach and Mission Beach are also within easy reach, enhancing the property’s appeal for residents. This versatile investment offers opportunities for long-term rentals, lucrative Airbnb potential, or potential condo conversion, with comparable nearby condos fetching nearly $1,000 per square foot.

Listing Status:: Active
Date Added:: July 2, 2025 at 05:00AM
Listing Office:: CBRE : 858-546-4600
Listing Agent:: Nate Pepper : 858-546-2645
MLS ID:: 250032404SD

A/C: See Remarks
Heating:

Parking: Parking spaces: 0

General: 2

HOA Amenities: 0.0
Originating MLS: CRMLS
County: San Diego

Zoning: 42325214

Source: CRMLS

This listing courtesy of Nate Pepper, CBRE

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Crown Point Elementary School

4033 Ingraham St, San Diego, CA, 92109

Grades KG-5

0.50 miles away

Pacific Beach Middle School

4676 Ingraham St, San Diego, CA, 92109

Grades 6-8

0.70 miles away

Mission Bay High School

2475 Grand Ave, San Diego, CA, 92109

Grades 9-12

1.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.