Description

Four-unit investment opportunity in the heart of Pacific Beach with existing income and additional development potential. The property features a desirable mix of one- and two-bedroom residences, including two spacious two-bedroom/one-and-one-half-bath units, one two-bedroom/two-bath unit, and one one-bedroom/one-bath unit. Plans have been prepared for three additional ADUs, offering an opportunity to expand the property to seven total units, subject to City review and approval. Conveniently located near the beach, Mission Bay, restaurants, shopping, entertainment, public transportation, and major employment centers. An opportunity to acquire an income-producing coastal asset with multiple paths for future value creation. Buyer to independently verify leases, rents, deposits, square footage, zoning, ADU feasibility, plan status, permitting requirements, and all property information with the appropriate professionals and governmental agencies.

Property details

Year built

1952

Property type

Residential Income

Lot size

6,218 sqft

Location

1228 Grand • San Diego, CA 92109

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Listed by

Aaron Bove · Colliers International SD, Inc

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Closed sales reported in 92109, nearest first, last 12 months. All recent sales in San Diego →

Residential Income - 1228 Grand, San Diego, CA