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1460 64 Grand Ave San Diego, CA 92109
6,224 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Pacific Beach
MLS Listing ID 260017941SD
HOA Y/N No
Year Built 1950
Lot Size 6,224 Sqft
Property Description
1460 Grand Avenue presents a rare multifamily investment and development opportunity in the heart of Pacific Beach. The property consists of three renovated residential units and includes plans in final review for the construction of six additional studio units, creating the potential for a nine-unit asset upon completion. The existing improvements include a two-bedroom house, an additional two-bedroom unit, and a three-bedroom unit, providing immediate rental income while minimizing near-term capital expenditures. Investors can continue generating cash flow during construction of the proposed six studio units, offering an attractive combination of current income and future upside. Ideally located approximately four blocks from Mission Bay and seven blocks from the Pacific Ocean, the property is within walking distance of Pacific Beach's restaurants, cafés, shopping, nightlife, and recreational amenities. With driveway and alley access, on-site parking potential, and plans that include private balconies with potential bay and ocean views, 1460 Grand Avenue offers a compelling opportunity to acquire an income-producing coastal asset with significant long-term development potential.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Building/Complex Name No
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4231811400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Carson Trujillo Whitewater CRE Inc #01974818