901 Sapphire ST Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92109
Key Details
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2504354
Year Built 1950
Property Sub-Type Multi Family
Property Description
Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diego's most sought-after coastal communities. Just blocks from the ocean, this walkable location boasts a Walk Score® of 88 and provides easy access to Garnet Avenue, shops, restaurants, nightlife, and public transit. This Pacific Beach, prime location multi-unit property consists of ten 1-bedroom units with development potential to convert several units into 2-bedroom layouts (buyer to verify). Situated on a 7,876 SF R-3 zoned lot (0.18 acres), the site also offers long-term redevelopment upside. Additional features include 10 surface parking spaces, strong in-place income, and significant value-add potential through interior renovations and rent optimization. With limited inventory in the area and high tenant demand, this is a rare investment opportunity with room to grow in both cash flow and equity. See attached Memorandum in Documents.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Zoning R-3:RESTRICTED MULTIPLE
Interior
Laundry Common Area
Exterior
Utilities Available Electricity Connected
Building
Lot Description Level,Street Level
Story 2
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard