1228 Grand, Pacific Beach/Mission Beach, CA 92109
- $2,500,000
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- 260021407SD
- Year Built
- 1952
- Lot Size
- 6,218
- Acres
- 0.14
- Days on Market
- 2
- Property Type
- Multifamily
- Stories
- Two Levels
- Neighborhood
- Pacific Beach
Property Description
Four-unit investment opportunity in the heart of Pacific Beach with existing income and additional development potential. The property features a desirable mix of one- and two-bedroom residences, including two spacious two-bedroom/one-and-one-half-bath units, one two-bedroom/two-bath unit, and one one-bedroom/one-bath unit. Plans have been prepared for three additional ADUs, offering an opportunity to expand the property to seven total units, subject to City review and approval. Conveniently located near the beach, Mission Bay, restaurants, shopping, entertainment, public transportation, and major employment centers. An opportunity to acquire an income-producing coastal asset with multiple paths for future value creation. Buyer to independently verify leases, rents, deposits, square footage, zoning, ADU feasibility, plan status, permitting requirements, and all property information with the appropriate professionals and governmental agencies.
Additional Information
- Cooling
- Yes
- Cooling Description
- Central Air
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $154,364
Listing courtesy of Listing Agent: Aaron Bove (aaron.bove@colliers.com) from Listing Office: Colliers International SD, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.