1951-1955 Hornblend, San Diego, CA 92109 - MLS#250042123

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,500,000

Est. payment | -/mo

9 Beds

5 Baths

6,251 Sqft Lot

Save

$ 2,500,000

Est. payment | -/mo

Save

9 Beds

5 Baths

6,251 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 250042123

Bedrooms 9

Full Baths 4

Half Baths 2

Year Built 1977

Lot Size 6,251 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the heart of Pacific Beach, this fully occupied triplex presents a stabilized multifamily investment with strong upside potential. Positioned on a full-size 6,251 square foot lot just 11 blocks from the beach and minutes from the pier, the property offers residents convenient access to popular shopping, dining, and lifestyle destinations, including CVS, Ralphs, Vons, Trader Joe's, Starbucks, and nearby malls. Its central location also places it within a short drive of downtown San Diego, La Jolla, and three major universities—USD, SDSU, and UCSD—making it a highly attractive rental choice for tenants seeking both coastal living and urban convenience. The property encompasses approximately 3,150 square feet of improvements and features a front five-bedroom, two-bath unit of roughly 1,450 square feet, along with two rear twin units, each offering two bedrooms and one-and-a-half baths at about 1,025 square feet. All units are currently tenant-occupied and in turn-key condition. In addition, two 450-square-foot garages present excellent ADU development potential, creating an opportunity to add value and increase future rental income. With San Diego's CO-1-2 mixed-use zoning, the property benefits from flexible development options ranging from commercial and mixed-use to multifamily, further enhancing its long-term investment appeal. Reach out for a full offering memorandum.

Location

State CA

County San Diego

Area Coastal South

Interior

Cooling Wall/Window

Fireplace No

Exterior

Fence Cross Fencing

View Y/N No

Roof Type Other/Remarks

Building

Story 2

Level or Stories 2

Others

Tax ID 4240420700

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Listed by Christopher J Luna Backyard Brokerage Inc.

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1951-1955 Hornblend San Diego, CA 92109