7
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Listed by Mike Aon • Realty Executives Dillon
$4,000,000
Est. payment /mo
Pending
901 Sapphire ST San Diego, CA 92109
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPTP2504299
Year Built 1950
Source California Regional MLS
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
Interior
Laundry Laundry Area, Community Facility
Exterior
Garage Spaces 10.0
Pool None
Others
Tax ID 4152421000
Special Listing Condition Not Applicable
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