6
See all 6 photos
$4,250,000
$4,000,000 6.3%
Est. payment /mo
4 Beds
4 Baths
Sold on 07/03/2025
901 Sapphire Street San Diego, CA 92109
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Key Details
Sold Price $4,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2504299
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diegos most sought-after coastal communities. Just blocks from the ocean, this walkable location boasts a Walk Score of 88 and provides easy access to Garnet Avenue, shops, restaurants, nightlife, and public transit. This Pacific Beach, prime location multi-unit property consists of ten 1-bedroom units with development potential to convert several units into 2-bedroom layouts (buyer to verify). Situated on a 7,876 SF R-3 zoned lot (0.18 acres), the site also offers long-term redevelopment upside. Additional features include 10 surface parking spaces, strong in-place income, and significant value-add potential through interior renovations and rent optimization. With limited inventory in the area and high tenant demand, this is a rare investment opportunity with room to grow in both cash flow and equity. See attached Memorandum in Documents.
Location
State CA
County San Diego
Zoning Appraiser
Exterior
View Y/N No
Building
Story 2
Listed by Mike Aon Realty Executives Dillon
Bought with Nichole V Quiroz NewTown Real Estate
Bought with Nichole V Quiroz NewTown Real Estate