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<<<

Address Map
Country:
US
State:
CA
County:
SD
City:
San Diego
Zipcode:
92109
Street:
Grand Ave
Street Number:
1057-1071
Longitude:
W118° 45' 0.6''
Latitude:
N32° 47' 43.9''
Mls Area Major:
Coastal South
Zoning:
RM 2-5
Additional Info
Office Name:
The Agency
Agent Name:
Monique LeBlanc
Additional Information
Building Size:
6600
Number Of Units Total:
8
On Market Date:
2026-06-04
Stories:
2
Virtual Tour:
https://listings.revvideoproductions.com/video/ScGpek4gqoTvzI1Hzq8QHGkGCESurCcPiqfNQ3bH9Yk
Listing Information
List Agent Mls Id:
645619
List Office Mls Id:
992064
Mls Status:
ACTIVE
Modification Timestamp:
2026-06-12T16:29:21Z
Originating System Name:
SDMLS
Special Listing Conditions:
N/K

Residential Income

1057-1071 Grand Ave, San Diego, CA 92109

12744 Bedrooms
6372 Bathrooms
6,600
$4,790,000
Listing ID #260014258
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
260014258
Price :
$4,790,000
Bedrooms :
12744
Bathrooms :
6372
Square Footage :
6,600
Status :
Active
Full Bathrooms :
6372
Property Sub Type :
Com-Res Income
Contact Agent
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