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$3,795,000
9 Beds 8 Baths 260022274 MLS ACTIVE Status
Exceptional Pacific Beach residence and/or investment opportunity just blocks from the sand! This unique property features a beautifully upgraded 5-bedroom, 3-bath main residence plus four newly built (2025) 1-bedroom, 1-bath ADUs, offering the perfect blend of coastal living and strong rental income. The main home is fully of upgrades, an open-concept floor plan, a lower-level game room, and a private outdoor hot tub—ideal for entertaining or relaxing after a day at the beach. Currently operating as a successful Airbnb, the home can be sold fully furnished, creating a true turnkey opportunity. Situated behind the main residence is a separate building with four modern ADUs, each offering approximately 328 sq. ft and on their own electric meters. Built in 2025, each unit is currently rented for $2,500 per month, providing immediate and reliable cash flow. Enjoy easy access to the beach, restaurants, shopping, and everything Pacific Beach has to offer. Exceptional Pacific Beach residence and/or investment opportunity just blocks from the sand! This unique property features a beautifully upgraded 5-bedroom, 3-bath main residence plus four newly built (2025) 1-bedroom, 1-bath ADUs, offering the perfect blend of coastal living and strong rental income. The main home is fully of upgrades, an open-concept floor plan, a lower-level game room, and a private outdoor hot tub—ideal for entertaining or relaxing after a day at the beach. Currently operating as a successful Airbnb, the home can be sold fully furnished, creating a true turnkey opportunity. Situated behind the main residence is a separate building with four modern ADUs, each offering approximately 328 sq. ft and on their own electric meters. Built in 2025, each unit is currently rented for $2,500 per month, providing immediate and reliable cash flow. Enjoy easy access to the beach, restaurants, shopping, and everything Pacific Beach has to offer.

1953 Emerald St, Pacific Beach/Mission Beach

$2,500,000
7 Beds 7 Baths 260021407 MLS ACTIVE Status Pacific Beach BLDG.
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.

1228 Grand, Pacific Beach/Mission Beach

$3,300,000
8 Beds 8 Baths 260020788 MLS ACTIVE Status
We are pleased to offer 4073 Gresham Street, a fully modernized and turnkey five (5) unit multifamily property in beautiful Pacific Beach, ideally located within 1.5 blocks to Sail Bay access and Fanuel Street Park, within the coveted Crown Point area. Comprised of two (2) large 1Br/1Ba units and three (3) spacious 2Br/1.5Ba townhome units (each with private/enclosed back patio), units have been upgraded to a high level back around 2016, with newer cabinetry, countertops, s.s. appliances, in-unit washer/dryers, vinyl plank flooring (downstairs), and fully remodeled bathrooms with tiled shower enclosures. In addition to being steps from the bay and 7 blocks from the beach, the property boasts gate code access, dual-pane vinyl windows/sliders throughout, as well as a laundry room (currently used as storage), and a large rear common area patio/bike storage/surfboard storage/bbq area. Units are all electric, separately metered for electricity. Residents love having a full tandem off-street parking space (5 tandem off-street spaces for 10 total spaces!), especially in the Summertime when parking gets very scarce in this sought after neighborhood. Great property and location that always attracts top-tier long-term tenants, and has also done incredibly well as a short term rental property (until covid hit in 2020, when owner changed to long-term rental operations and never looked back). Lowest rented 2Br unit was just re-rented at $4,095 this month (which was around $3,050 before that), with several very qualified applicants trying to lock it down.

4073 Gresham St, Pacific Beach/Mission Beach

$5,500,000
5 Beds 6 Baths 260020125 MLS ACTIVE Status
We are pleased to exclusively offer The Surf House, a newly reimagined 10-unit apartment community located at 1478 Hornblend Street in San Diego’s Pacific Beach neighborhood. Designed for today’s coastal renter, the property combines modern apartment finishes, extensive building-system upgrades, and a highly walkable beachside setting within one of San Diego’s most supply-constrained rental markets. The asset was comprehensively rebuilt and delivered in June 2024 following a full permitted redevelopment through the City of San Diego. The renovation scope substantially modernized the property from both an operational and resident-experience standpoint, including upgraded electrical capacity, new plumbing, a centralized hot-water system, fire sprinklers, foundation improvements, roofing, windows, exterior finishes, gutters, and architectural steel staircases. Inside the residences, The Surf House offers a polished coastal living environment with contemporary finishes and practical in-unit amenities. Units feature quartz countertops, custom-style cabinetry, designer tile accents, stainless-steel appliances, luxury vinyl plank flooring, in-unit laundry, individual split-system HVAC, and dedicated outdoor areas, including patios or rooftop decks. Select homes further benefit from scenic ocean and bay views, adding to the property’s lifestyle appeal. Located just six blocks from the beach and within immediate reach of Garnet Avenue’s restaurants, shops, cafés, and nightlife, the property is well positioned to attract renters seeking both convenience and coastal access.

1478 Hornblend St, Pacific Beach/Mission Beach

$3,195,000
6 Beds 6 Baths 260019999 MLS ACTIVE Status
Newer Luxury Detached Home close to the Beach with spectacular ocean views! 851-853 Sapphire built in 2022 is a three story home with 5BR and 5BA with a 1B/1BA ADU. Well appointed with wide plank hardwood flooring throughout as well as Quartzite countertops. The kitchen is spacious and comes with Wolf and Viking appliances. Your vanishing sliding Cantina doors in the living room open up to quintessential San Diego indoor outdoor living. The third floor decks offers nearly 360 degree views down the coast and views going inland. The top floor entertainment room is fitted with bathroom and wet bar that open up to view decks that offer 360 degree views from looking down the coast to inland on the opposite side. Enjoy reduced electric bills with the owned solar. The ADU has its own separate entrance and is perched atop the detached 2 car garage. This home has everything you are looking for and more at the beach. Can be offered furnished.

851-53 Sapphire, Pacific Beach/Mission Beach

$2,795,000
6 Beds 8 Baths 260019172 MLS ACTIVE Status Balboa Pointe Townhomes BLDG.
Whitewater Commercial Real Estate is pleased to present Balboa Pointe Townhomes Parcel 3, a rare opportunity to acquire a brand new constructed 4-unit multifamily property in the heart of Pacific Beach. Delivered in 2026, Parcel 3 is the first completed property within the master-planned Balboa Pointe Development, a seven-property, 28-unit residential community being delivered throughout 2026. The offering consists entirely of townhome-style residences and provides investors the opportunity to acquire modern coastal multifamily product in one of San Diego's most supply-constrained rental markets. Ideally located near Mission Bay, the Pacific Ocean, Trader Joe's, Vons, popular restaurants, nightlife, and major employment centers, Balboa Pointe Townhomes offers an exceptional combination of lifestyle, rental demand, and long-term investment fundamentals.

2141 Balboa Ave, Pacific Beach/Mission Beach

$4,000,000
10 Beds 8 Baths 260018607 MLS ACTIVE Status
Eight unit apartment building on a corner lot in Pacific Beach. Built in 1966 and meticulously maintained. Unit mix is six 1BD/1BA and two 2BD/1BA averaging approximately 650 square feet. One dedicated parking space per unit. Six of eight units renovated. Two units have in unit washer and dryer. Current rents approximately 11% below market. Utilities are currently billed at a low flat rate, leaving upside through SDG&E submetering or a market level RUBS program. 89 Walk Score with retail, grocery, and dining within walking distance. Pacific Beach submarket vacancy is 4.2% versus 6.1% countywide, with only 60 units under construction submarket wide and trailing twelve month rent growth near three times the San Diego average. Contact broker for offering memorandum, rent roll, and financials.

2003 Emerald St, Pacific Beach/Mission Beach

$3,555,555
12 Beds 8 Baths 260016799 MLS ACTIVE Status
Rare opportunity to acquire a renovated four-unit apartment community in Pacific Beach, one of Southern California's highest-demand coastal rental markets. Located just blocks from the bay, the beach and the area's premier retail and dining corridor, the property benefits from exceptional tenant demand, historically low vacancy, and strong long-term rental growth. Unlike most apartment properties in the area, all four units are spacious 3-bedroom, 2-bath floor plans that consistently command premium rents. Significant capital improvements include modern kitchens, quartz and granite countertops, stainless steel appliances, luxury plank flooring and updated bathrooms. A Walk Score of 97 further enhances tenant appeal and long-term investment performance. This is a TRUE CASH COW!

1522-24 Hornblend, Pacific Beach/Mission Beach

$3,300,000
8 Baths 260015618 MLS ACTIVE Status
2886–2888 Mission Blvd in San Diego, California is located in South Mission Beach. The property consists of an 8-unit coastal mixed-use asset comprising of six studio apartments and two ground-floor commercial retail spaces, situated along one of Mission Beach's most heavily trafficked pedestrian and vehicle corridors. Positioned directly on Mission Blvd, the site benefits from exceptional street visibility, strong daily foot traffic, and immediate proximity to both the ocean and Mission Bay. This offering presents an excellent opportunity for both owner-users and investors alike. An owner-user can establish or expand a retail or service-based business by occupying one or both of the vacant ground-floor commercial units, while benefiting from the income producing residential units above to offset carrying costs. For an investor, the vacant commercial spaces represent immediate value-add upside through lease-up, complemented by a stabilized residential income stream from six renovated units in one of San Diego's most supply-constrained coastal markets. Located within the thriving South Mission Beach submarket, the asset benefits from year-round tourism, strong rental demand, and consistent consumer traffic driven by nearby destinations including Belmont Park, SeaWorld, and Crystal Pier.

2886-88 Mission Blvd, Pacific Beach/Mission Beach

$3,740,000
10 Beds 6 Baths 260014969 MLS ACTIVE Status Mission Bay Park BLDG.
We are pleased to present 813–815 Isthmus Court, a rare & highly renovated duplex investment opportunity located in the heart of Mission Beach, one of San Diego’s most desirable coastal neighborhoods. Situated on a 0.06-acre lot and totaling approximately 3,207 square feet, the property offers an exceptional combination of location, functionality, and income potential just steps from the Pacific Ocean. The property consists of two fully furnished spacious turnkey residential units featuring a combined ten-bedroom layout. Each residence offers three bathrooms, vaulted ceilings, private balconies, in-unit stackable washer and dryers, tankless water heaters, and dual pain windows all under a new roof, creating an attractive living environment for both owner-occupants and renters. Both units include off street parking a highly valuable amenity in the Mission Beach market. Positioned just steps from Belmont Park, the Mission Beach Boardwalk, Starbucks, restaurants, shopping, and world-class beaches, the property benefits from one of San Diego’s strongest coastal rental markets. The flexible configuration provides an opportunity for an owner-user to occupy one unit while generating income from the other, or for investors to capitalize on the area's strong long-term and vacation rental demand. With its premier location and unique unit composition, 813–815 Isthmus Court represents a compelling opportunity to acquire a well-positioned coastal asset in a high-barrier-to-entry market.

813-15 Isthmus Ct, Pacific Beach/Mission Beach

$4,575,000
6 Beds 9 Baths 260014435 MLS ACTIVE Status By The Bay Condominiums BLDG.
Exceptional fully turnkey triplex located on Pacific Beach Drive, offering modern coastal living and a rare investment opportunity. Units are condominiums with individual APNs. This property provides amazing flexibility for investors or owner-users alike. Each 2-bedroom, 2.5-bath residence features open-concept living, dual-pane windows, in-unit washer and dryer, and secure gated underground parking with a private two-car garage and direct access to each unit. Every residence enjoys exclusive use patios as well as private rooftop deck with panoramic views of Sail Bay and Pacific Beach. Select units include premium outdoor amenities such as a private “spool” and a spacious outdoor kitchen with fireplace. Offered fully furnish.

1311-15 Pacific Beach Dr, Pacific Beach/Mission Beach

$3,500,000
8 Beds 6 Baths 260010874 MLS ACTIVE Status
FULLY RENOVATED! Over $50k/unit spent on the INTERIORS with luxury finishes and a modern design. The units have been upgraded with new cabinets, quartz countertops, vinyl plank flooring, stainless steel appliances, lighting fixtures, and in-unit washer/dryers. The building EXTERIOR received new paint and additional upgrades to the landscaping and windows. Walking distance to the beach & bay, this 6 unit complex on a corner lot in Pacific Beach is an opportunity not to be missed! Sitting atop a close to 5,000 square foot lot, this 6plex offers 3,750 square feet of living space. There are two 2 bed/1 bath units & four 1 bed/1 bath units in the complex. This property is an opportunity for an investor to purchase a rare turn-key investment property in a high demand rental market. With significant upside in rents, this offering is perfect for a long-term investor seeking a multifamily investment in a premier San Diego location.

4328 Fanuel, Pacific Beach/Mission Beach

$7,480,000
24 Beds 19 Baths 260008659 MLS ACTIVE Status
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. ***

1420-22 Pacific Beach Dr, Pacific Beach/Mission Beach

$2,700,000
8 Beds 8 Baths 260007140 MLS ACTIVE Status
We are pleased to present 1930-34 Hornblend Street in beautiful Pacific Beach. The property consists of a detached, front 3 Bed / 1.5 Bath house with a large, fenced yard, and a rear structure built in 1975 with 2 second story 2 Bed / 1.5 Bath units above a 1 bedroom and a studio unit with 3 single car garages that provide additional income. There are 4 additional parking spaces in the alley. There are 4 electric meters. Several units have been remodeled. The roof on the rear structure was replaced last year and the roof on the front house was replaced 13 years ago. The investment is ideal for an owner occupant or investor and has upside in rents. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

1930-34 Hornblend St, Pacific Beach/Mission Beach

$2,700,000
8 Beds 7 Baths 260007149 MLS ACTIVE Status
We are pleased to present 1930-34 Hornblend Street in beautiful Pacific Beach. The property consists of a detached, front 3 Bed / 1.5 Bath house with a large, fenced yard, and a rear structure built in 1975 with 2 second story 2 Bed / 1.5 Bath units above a 1 bedroom and a studio unit with 3 single car garages that provide additional income. There are 4 additional parking spaces in the alley. There are 4 electric meters. Several units have been remodeled. The roof on the rear structure was replaced last year and the roof on the front house was replaced 13 years ago. The investment is ideal for an owner occupant or investor and has upside in rents. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

1930-34 Hornblend St, Pacific Beach/Mission Beach

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