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1152 Pacific Beach Dr, San Diego, CA 92109
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1152 Pacific Beach Dr San Diego, CA 92109

$4,250,000
  • 11 Beds
  • 8 Baths
  • -- Sq.Ft.
For Sale
$4,250,000 Get Pre-Qualified
Map preview of 1152 Pacific Beach Dr, San Diego, CA 92109

Property Overview: 1152 Pacific Beach Dr San Diego, CA has 11 bedrooms, 8 bathrooms, -- living square feet and 5,574 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Newly renovated 4-unit investment property nestled in the sought-after Pacific Beach neighborhood of San Diego. Each expansive unit distinguished by its own unique layout, bed/bath count and charm, the property encompasses a total of 11 bedrooms and 8 bathrooms. This is a perfect opportunity for a 1031 exchange. Updates include 30 yr roof, updated rain gutters, fascia and sub roofing, wrought iron security gates w key code access, hard wired security camera installation, updated fencing and turf, new A/C/heat in all units, dual pane windows and sliders, modern garage doors + lift systems and Tesla EV Charging station. Laundry in 2 units + onsite laundry. Unit interiors have been meticulously upgraded with stainless steel appliances, quartz countertops, luxury vinyl plank flooring, electric fireplaces, recessed lighting, custom light fixtures, LED mirrors in bathrooms and more. Within 5 blocks to Mission Beach and 1 block to Sail Bay, this opportunity is a rarity in Pacific Beach for its cash flow, so do not miss your chance to own this incredible investment.

Listed by Jason Royle | BRE #01993838 | Compass
Co-listed by Candace Stadelmann | BRE #01470378 | Compass
Last checked: 45 seconds ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 48
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Home details

Lot Sq. Ft
5,574
HOA Dues
$0/mo
Year built
1980
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
240006923SD
City
San Diego
County
San Diego
Time on Site
61 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $6,500
  • Total Rent: --
  • Pro Forma/Market Rent: $6,500
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $4,500
  • Total Rent: --
  • Pro Forma/Market Rent: $4,750
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $4,050
  • Total Rent: --
  • Pro Forma/Market Rent: $4,050
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $4,500
  • Total Rent: --
  • Pro Forma/Market Rent: $4,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.77%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $234,600
  • Net Operating Income: $193,243
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1152 Pacific Beach Dr

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Property Details for 1152 Pacific Beach Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas, Forced Air
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
Lot Details / Garage and Parking
Property Information
  • No View
  • Total # of Units: 4
  • Parcel Number: 4232521400
Location / Neighborhood
Location Information
  • Subdivision Name: Pacific Beach
  • Directions: CrossStreet: Everts
View more facts & features

Local San Diego Agent

Sale History for 1152 Pacific Beach Dr

Last sold for $2,850,000 on March 23rd, 2022

  • April, 2024

  • Apr 2, 2024

    Date

    Active

    CRMLS: 240006923SD

    $4,250,000

    Price

  • March, 2022

  • Mar 23, 2022

    Date

    Active

    CRMLS: NDP2202663

    $2,850,000

    Price

  • Mar 23, 2022

    Date

    Sold

    CRMLS: NDP2202663

    $2,850,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity in one of the best locations in Pacific Beach. The property is walking distance to some of the best shops and restaurants that Pacific Beach has to offer. 4 total units with 11 total bedrooms and 8 total baths (One - 3bed/2bath) (One - 2bed/2bath) (One - 2bed/2bath) (One - 4bed/2bath).

  • October, 2018

  • Oct 12, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2012

  • Dec 11, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1152 Pacific Beach Dr

Assessed Value (2020): $2,550,000
Year Land Value Improved Value Assessed Value
2020 $1,530,000 $1,020,000 $2,550,000

Home Value Compared to the Market

This property vs the competition

1152 Pacific Beach Dr is listed 359.46% higher than the median list price for the city of San Diego which has a median list price of $925,000.

About 1152 Pacific Beach Dr

Detailed summary of property

1152 Pacific Beach Dr is a multi family located in San Diego, CA 92109 and is currently for sale. This multi family property offers 11 bedrooms, 8 bathrooms, roughly -- living square feet, and sits on an approximately 5,574 square foot lot. 1152 Pacific Beach Dr was first listed on ArdentRealEstateGroup.com on April 2, 2024. The homeowner is currently asking $4,250,000. The median priced home in San Diego is $925,000 with a median price per square foot of $708. Based on Ardent Real Estate Group's San Diego Market Data, this home is listed 359.46% higher than the median priced home. Local competing homes currently for sale include 1532 Miramar Drive, 124 Turquoise Ave and 603 E Balboa Blvd. While the average home in San Diego, CA is selling in 79 days, 1152 Pacific Beach Dr has a days on market of 48 days. There are currently 2436 homes for sale in the San Diego real estate market and 1250 of them are single family homes while 986 of them are condos and 200 are townhomes. For more information on this home for sale at 1152 Pacific Beach Dr San Diego, CA 92109 contact Ardent Real Estate Group and we will put you in touch with one of our San Diego agents.

Public Facts for 1152 Pacific Beach Dr

Public county record property details
Beds
11
Baths
8
Year built
1980
Sq. Ft.
4,628
Lot Size
5,574
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Diego
Lot#
27,28
APN
423-252-14-00

The source for these homes facts are from public records.

92109 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,795,000
Median List Price/Sq.Ft.
$1,202
Median Sold Price
$1,492,000
Median Sold Price/Sq.Ft.
$1,060
Total Inventory
112
Median Sale to List Price %
99.47%
Avg Days on Market
25
Loan Type
Conventional (47.22%), FHA (0%), VA (0%), Cash (47.22%), Other (2.78%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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