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$4,790,000
Est. payment /mo
12,744 Beds
6,600 SqFt
New
1057-1071 Grand Ave San Diego, CA 92109
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Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $725
MLS Listing ID 260014258
Bedrooms 12744
Full Baths 6372
Property Sub-Type Com-Res Income
Property Description
This is an 8-unit property with 8 garages in PB and only 3.5 blocks to the ocean. All units consist of 2 bedroom, 1 bath, 825 sqft with patios. All are residential units totaling 6,600 sqft on a 12,490 sqft lot. Current rents are extremely low. CAP can be 4.5% at $3,500 a month rent w/ no updating. Also, may be potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. 3 are STVRs, 1 vacant, 4 long term rentals. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<
Location
State CA
County San Diego
Area Coastal South
Zoning RM 2-5
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 8
Building
Story 2
Others
Senior Community No
Tax ID 423-154-06-00
Virtual Tour https://listings.revvideoproductions.com/video/ScGpek4gqoTvzI1Hzq8QHGkGCESurCcPiqfNQ3bH9Yk

Listed by Monique LeBlanc, DRE#01826588 The Agency
NEARBY SCHOOL & BUSINESS
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