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Matt O'Brien

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

$ 7,480,000

Est. payment | -/mo

8,581 Sqft Lot

Save Virtual Tour

$ 7,480,000

Est. payment | -/mo

Save Virtual Tour

8,581 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260008659SD

HOA Y/N No

Lot Size 8,581 Sqft

Property Sub-Type Mixed Use

Property Description

We are pleased to present 1420-1422 Pacific Beach Drive, a boutique townhome-style multifamily community ideally located in the heart of Pacific Beach, one of San Diego's highly coveted coastal rental markets. Nestled near Mission Bay and just minutes from the beach, the property offers residents a premier coastal lifestyle with convenient access to dining, retail, and outdoor recreation. The property consists of eight spacious three-bedroom townhome residences, featuring a mix of three-bedroom/two-and-a-half-bathroom and three-bedroom/three-bathroom layouts. These highly sought-after larger-format units are highly desirable and cater to a wide range of tenants, including professionals and families. The townhome-style design enhances privacy and livability, supporting strong occupancy and long-term rental stability. In addition to its strong in-place fundamentals, the property presents a unique value-enhancement opportunity through commercial condominium mapping, allowing a future owner to potentially subdivide the asset into individual units for separate resale. This strategy provides flexibility to partition the property into smaller, more marketable investments, often achieving a higher aggregate value compared to a traditional bulk sale. Located along the well known Pacific Beach Drive, the property provides immediate access to Mission Bay, the Pacific Ocean, and the vibrant Pacific Beach commercial corridor, known for its restaurants, cafés, nightlife, and recreational amenities. With close proximity to major employment hubs and easy access to key transportation. ***

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Interior

Fireplace No

Others

Tax ID 4232821400

Virtual Tour https://www.propertypanorama.com/instaview/snd/260008659

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Listed by Austin Huffman Marcus & Millichap #01981817

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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1420 Pacific Beach Dr San Diego, CA 92109