$2,500,000

1951-1955 Hornblend, San Diego, CA 92109

  • 9 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1977
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

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.

Listing Status:
Active
Listing Office:
Backyard Brokerage Inc. :
Listing Agent:
Christopher J Luna : 916-397-4367
MLS ID:
250042123
  • A/C: Wall/Window
  • Roofing: Other/Remarks
  • General: Stucco2 Story
  • Originating MLS: SDMLS
  • County: San Diego
  • Zoning: 4240420700
  • Fencing: Cross Fencing
  • Source: SDMLS

This listing courtesy of Christopher J Luna, Backyard Brokerage Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Barnard Elementary School

2445 Fogg St, San Diego, CA, 92109

Grades KG-6

0.55 miles away

P

Pacific Beach Middle School

4676 Ingraham St, San Diego, CA, 92109

Grades 6-8

0.50 miles away

M

Mission Bay High School

2475 Grand Ave, San Diego, CA, 92109

Grades 9-12

0.58 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.

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