Rare opportunity to acquire a renovated four-unit apartment community in Pacific Beach, one of Southern California's highest-demand coastal rental markets. Located just blocks from the bay, the beach and the area's premier retail and dining corridor, the property benefits from exceptional tenant demand, historically low vacancy, and strong long-term rental growth. Unlike most apartment properties in the area, all four units are spacious 3-bedroom, 2-bath floor plans that consistently command premium rents. Significant capital improvements include modern kitchens, quartz and granite countertops, stainless steel appliances, luxury plank flooring and updated bathrooms. A Walk Score of 97 further enhances tenant appeal and long-term investment performance. This is a TRUE CASH COW!
| MLS # | 260016799SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 94 |
| Listing Provided By | Compass | Corey Wyatt |
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Building(s) | 2 |
| Zoning | R-3:RESTRI |
| Acreage | 0.14 |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Roof | Composition |
|---|
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92109 |
| Area | 92109 Pacific Beach |
| Community Name | Pacific Beach |
| Listing VS Median (in Pacific Beach) | |
Price: $3,555,555 low | high Med: $0 On site: 94 low | high Med: | |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92109 |
| Area | 92109 Pacific Beach |
| Community Name | Pacific Beach |
| Listing VS Median (in Pacific Beach) | |
Price: $3,555,555 low | high Med: $0 On site: 94 low | high Med: | |
![]() | $2,995,0001631 Garnet AvenueSan Diego, CA 92109 |