1951-1955 Hornblend St, Pacific Beach/Mission Beach, CA 92109

List Price
$2,650,000
Price Change
▼ $50,000 1751323301
Status
ACTIVE
MLS#
250025208
Bedrooms
7
Bathrooms
6
Complex/Building Name
Pacific Beach
Property Type
Multifamily
Year Built
1977

Property Description

Great opportunity to buy a stabilized asset with 3 units remodeled. New owner can convert the garages to 2 additional 450SF studio ADU's or one big 2 bed 1 bath ADU by right increasing income. With 30 foot height limit in coastal pacific beach the rental market remains strong. Blocks away from Better Buzz, Trader Joes, Jersey Mikes, Vons and close enough to bay and ocean but far enough to avoiding parking issues closer to the water. Also has 4 uncovered parking spots and 4 covered spots.Signed leases starting August 1 2025 for $15,000/month. New owner can Airbnb (back units 2 bed 1.5 baths) all summer(until July 31 2025) to maximize returns. Text listing agent to walk the property.

Additional Information

Building Name
Pacific Beach
Cooling
None
Neighborhood
Pacific Beach
Roof
Composition
Year Built
1977

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Christopher J Luna (916-397-4367) from Listing Office: Backyard Brokerage Inc..

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