Property Details
About this Property
"RARE Pacific Beach 4-Unit Investment Opportunity Just 4.5 Blocks to the Ocean" WHAT WE LOVE: Unique opportunity to own a fully rented 4-unit property in the heart of Pacific Beach. Situated on historic Grand Avenue just 4.5 blocks from the beach, this property features a unique and desirable layout with a detached single-family home in the front and a three-unit structure in the rear, accessible via the alley. Two-single car garages from the alley and additional off-street parking add valuable functionality and tenant appeal. Private yard or patio space for each unit: Unit A) Detached house: front yard + back patio. Unit B) Two-story: private patio w/ enclosed wood fence. Unit C) Ground level: back patio w/ enclosed wood fence. Unit D) Upstairs: patio/balcony. Rear units just had the entire roof redone - new wood, TPO on flat portion, drains, gutters, fascia - with a transferrable warranty, upgraded electrical panel, fresh wood siding in sections and property has just received Sec. 1 termite clearance. Each
MLS Listing Information
MLS #
SD250035996
MLS Source
San Diego MLS
Days on Site
9
Interior Features
Cooling
Other
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Other, Tandem Parking, Garage: Car(s)
Zoning
R-3:RESTRI
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,000 | 2 | 1/1 | $3,400 |
| 2 | 1,100 | 2 | 1/1 | $3,100 |
| 3 | 650 | 1 | 1/0 | $2,500 |
| 4 | 950 | 2 | 2/0 | $2,875 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1228 Grand Ave is a Residential Income in San Diego, CA 92109. This – square foot property sits on a 6,218 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,300,000 and was built in 1952. This address can also be written as 1228 Grand Ave, San Diego, CA 92109.
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This listing information is up-to-date as of August 13, 2025. For the most current information, please contact Jesse Ibanez, (858) 337-2796
