1057 Grand Ave
San Diego, CA 92109
$4,790,000
About This Home
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<<<
Property Details
Listed by
Monique LeBlanc
The Agency
MLS# SAND-645619
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