CA > San Diego
San Diego, CA 92109,901 Sapphire ST
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San Diego, CA 92109,901 Sapphire ST
San Diego, CA 92109,901 Sapphire ST
San Diego, CA 92109,901 Sapphire ST
San Diego, CA 92109,901 Sapphire ST
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Lisa Bethel

Lisa Bethel

Engel & Völkers

+1(818) 319-5060
$ 4,000,000
Est. payment /mo
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901 Sapphire ST San Diego, CA 92109

7,840 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2504299

HOA Y/N No

Year Built 1950

Lot Size 7,840 Sqft

Lot Dimensions Appraiser

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

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

View Y/N No

Total Parking Spaces 10

Private Pool No

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 4152421000

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Mike Aon • Realty Executives Dillon • Mike@theaongroup.com
agent

Lisa Bethel

Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953

+1(818) 319-5060

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901 Sapphire ST