Newly completed in 2026, this North Pacific Beach coastal property presents a rare opportunity to acquire a luxury asset with built-in multi-unit income potential and long-term appreciation. Configured for maximum flexibility, the property can operate as: • A high-end single-family residence • Two fully independent units (primary + ADU) • Or up to three separate rental units for increased cash flow Totaling 4,000+ sq ft, the property includes 6 bedrooms and 5 bathrooms across three levels, each with private entrances and expansive ocean-view decks—highly desirable features for premium rental positioning. The top-floor 3BR/2BA unit captures unobstructed panoramic views, ideal for an owner-user or premium short-term rental. The lower 3BR/2BA and additional flex level with full bath offer strong income-producing potential as long-term or short-term rental units. A private elevator enhances tenant appeal and accessibility across all levels. Additional revenue-driving features include: • 6-car garage (rare for coastal properties) • Solar (reduced operating costs) • High-end finishes for premium rental rates • Smart security system Ideal for investors seeking a hybrid lifestyle asset—live in one unit while generating income from the others or fully lease the property to maximize returns in a high-demand coastal market.
- Heating System:
- Forced Air Unit
- Cooling System:
- Zoned Area(s)
- Fence:
- Partial
- Utilities:
- Sewer Connected
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- PACIFIC BEACH
- Zipcode:
- 92109
- Street:
- Van Nuys St
- Street Number:
- 1251 - 1253
- Longitude:
- W118° 44' 54.3''
- Latitude:
- N32° 48' 47.3''
- Mls Area Major:
- Coastal South
- Office Name:
- Billionaires Row
- Agent Name:
- Kim A Caniglia
- Construction Materials:
- Stucco
- Levels:
- 3 Story
- Number Of Units Total:
- 2
- On Market Date:
- 2026-04-27
- Stories Total:
- 3
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/260010131
- Water Source:
- Meter on Property
- Co List Agent Full Name:
- Gregg G Whitney
- Co List Agent Mls Id:
- 605873
- Co List Office Mls Id:
- 5134
- Co List Office Name:
- Billionaires Row
- List Agent Mls Id:
- 649370
- List Office Mls Id:
- 5134
- Listing Term:
- Cash,Conventional
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-05-20T18:20:03Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
1251 - 1253 Van Nuys St, San Diego, CA 92109
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260010131
- Price :
- $4,998,000
- View :
- Bay,City,Evening Lights,Ocean,Panoramic,Panoramic Ocean
- Bedrooms :
- 6
- Bathrooms :
- 5
- Year Built :
- 2026
- Status :
- Active
- Full Bathrooms :
- 5
- Property Sub Type :
- Res Income 2-4 Units
- Roof:
- Rolled/Hot Mop