UPDATED:
11/07/2024 12:18 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 824 sqft
Price per Sqft $2,366
Subdivision Pacific Beach
MLS Listing ID 240026191
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1947
Lot Size 3,129 Sqft
Property Description
Pacific Beach presents a unique opportunity due to its prime coastal location, popular restaurants and stores, and vibrant community atmosphere. The area is known for its beautiful beaches, active lifestyle, and a strong tourism market, attracting both locals and visitors year-round. This consistent influx of people creates a robust demand for various investment properties, including multifamily, retail, restaurants, and hospitality, making it a lucrative environment for investment. Additionally, Pacific Beach has seen significant development and revitalization efforts, enhancing its appeal and driving property values upward. Moreover, the strong rental market in Pacific Beach provides investors with the potential for stable cash flow and long term appreciation. The area’s demographics, characterized by a mix of young professionals, college students, families, and retirees, support a diverse range of commercial opportunities. With favorable zoning regulations and a supportive local government focused on sustainable development, investors can benefit from a proactive environment for growth. The combination of a thriving economy, desirable lifestyle, and limited available space makes Pacific Beach a compelling choice for anyone looking to invest in the area.
Location
State CA
County San Diego
Community Pacific Beach
Area Pacific Beach (92109)
Building/Complex Name complex
Zoning rm-1-1
Interior
Heating Electric
Cooling Wall/Window
Appliance Wall/Gravity
Exterior
Exterior Feature Wood
Fence Full, Gate
Community Features BBQ, Gated Community, Laundry Facilities
Complex Features BBQ, Gated Community, Laundry Facilities
View Bay, Ocean
Roof Type Composition
Building
Lot Description Alley Access
Story 2
Lot Size Range 1-3999 SF
Sewer Sewer Connected
Water Available
Level or Stories 2 Story
Schools
Elementary Schools San Diego Unified School District
Middle Schools San Diego Unified School District
High Schools San Diego Unified School District
Others
Acceptable Financing Cash, Conventional, FHA
Space Rent $3,156
Listing Terms Cash, Conventional, FHA
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