1476 80 Pescadero Drive, Ocean Beach (OB), CA 92107
- $7,000,000
- List Price
- $7,000,000
- Status
- ACTIVE
- MLS#
- 250026011SD
- Lot Size(apprx.)
- 5,382
- Property Type
- Multifamily
- Year Built
- 1958
Property Description
Oceanfront income property in Sunset Cliffs with sweeping views, a rare 4-car garage, and beautifully renovated rental units—offering an exceptional blend of location, flexibility, and lifestyle. Renovations were completed as recently as January 2025, and the entire property has been thoughtfully upgraded between 2020–2025 with new kitchens, baths, windows, and high-end finishes throughout. The front ocean-facing units enjoy private outdoor areas and unobstructed coastal views—one short-term rental was booked 317 nights over the past year. Two rear studios (bonus) are currently operated as long-term rentals. 2024 gross rental income totaled $445K with operating expenses of just $62K. Located just steps from Sunset Cliffs Natural Park, the beach, and neighborhood cafes. A rare opportunity to own a fully renovated oceanfront income property with strong financials and irreplaceable coastal frontage.
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Additional Information
- Lot Size
- 5,382
- Neighborhood
- Ocean Beach
- Stories
- Two Levels
- View
- Ocean, Panoramic
- Year Built
- 1958
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Listing courtesy of Listing Agent: Dawn Leahy (dawn@dawnleahy.com) from Listing Office: Pacific Sotheby's Int'l Realty.
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