Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Lot size

6,240 sqft

Year built

1989

Stories

2

Heating

Natural Gas

Cooling

None

Status

Active

Days on market

0

MLS #

249107522

About this property

RARE PACIFIC BEACH FOURPLEX | FOUR RENOVATED 3-BEDROOM, 2-BATHROOM UNITS! An exceptional opportunity to acquire a turnkey coastal multifamily investment in one of San Diego's most desirable rental markets. Just blocks from Mission Bay, the Pacific Ocean, and Pacific Beach's vibrant dining, shopping, and entertainment corridor, this four-unit property offers a rare combination of location, spacious floor plans, and modern improvements. Unlike the typical Pacific Beach apartment building, all four residences feature 3-bedroom, 2-bathroom layouts—a highly desirable unit mix that attracts a broad tenant pool and supports strong rental demand. Extensive renovations include modern kitchens with quartz and granite countertops, stainless steel appliances, luxury plank flooring, updated bathrooms, and contemporary finishes throughout. Additional highlights include four single-car garages, off-street parking, and potential value-add opportunities. With a Walk Score of 97 and a premier coastal location, this property offers immediate income and long-term investment potential. An attractive opportunity for 1031 exchange buyers seeking to identify and acquire a quality coastal asset before year-end 2026.

Location

24 Hornblend

San Diego, San Diego, CA, 92109