901 Sapphire ST new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92109
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2504299
HOA Y/N No
Year Built 1950
Lot Size 7,840 Sqft
Lot Dimensions Appraiser
Property Description
Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diego's 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
Area 92109 - Pacific Beach
Zoning R-3:RESTRICTED MULTIPLE
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs,Gutter(s),Storm Drain(s),Street Lights,Sidewalks
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4152421000
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard