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Angel Ramirez

angel@ramirezrealtygroup.com +1(619) 818-4318

$ 2,150,000

Est. payment | -/mo

5,662 Sqft Lot

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$ 2,150,000

Est. payment | -/mo

Save Virtual Tour

5,662 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2607106

HOA Y/N No

Year Built 1953

Lot Size 5,662 Sqft

Property Description

Excellent investor opportunity in the highly sought-after Pacific Beach area! Zoned for both commercial and residential use, this versatile four-unit property offers strong income potential and future upside. The unit mix consists of one 3-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and two studio units with 1 bath each. The kitchens in both the 3-bedroom and 2-bedroom units have been renovated in the last few years, and a new shower was installed in the 3-bed full bath, enhancing their appeal and rental value. Front driveway parking provides space for up to four vehicles. Three units are occupied by long-term tenants, generating immediate rental income, while one unit is leased on a month-to-month basis. Ideally located just minutes from the beach and bay, with convenient access to major freeways, shopping, dining, and coastal amenities. Residents enjoy shared laundry facilities and a charming common courtyard highlighted by a tranquil koi pond. While several upgrades have been completed, some features and finishes remain in their original condition, presenting an excellent opportunity for a new owner to implement additional updates and potentially increase rental income and overall property value. PLEASE DO NOT DISTURB TENANTS. Property will be shown upon acceptance of an offer only.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Zoning COMMERCIAL RESIDENTIAL

Interior

Fireplace No

Laundry Common Area, Inside, Stacked

Exterior

Pool None

Community Features Curbs, Gutter(s), Sidewalks, Park

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Near Park, Near Public Transit

Story 2

Sewer Public Sewer

Others

Senior Community No

Tax ID 4240611300

Energy Description 1461.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607106

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Listed by Michele Nisly Rise Realty 619-701-4172, DRE #02444168

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 818-4318

angel@ramirezrealtygroup.com

310 Third Ave Suite # C-3, Chula Vista, California 91910, United States

2158 60 Balboa AVE San Diego, CA 92109

Angel Ramirez

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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2158 60 Balboa AVE