1102 Pacific Beach Drive, San Diego, CA 92109
Local realty services provided by:CENTURY 21 Affiliated
1102 Pacific Beach Drive,San Diego, CA 92109
$4,800,000
- 15 Beds
- 15 Baths
- 7,943 sq. ft.
- Multi-family
- Active
Listed by: dylan e wright
Office: md real estate, inc
MLS#:260006835
Source:San Diego MLS via CRMLS
Price summary
- Price:$4,800,000
- Price per sq. ft.:$604.31
About this home
Rarely available steps from Sail Bay, this 8-unit apartment building offers investors an exceptional opportunity to acquire a premier coastal asset with immediate upside. Located directly across from Sail Bay and just four blocks from the ocean, the property combines an A+ location with a highly desirable unit mix of seven (7) spacious 2-bed/2-bath units and one (1) 1-bed/1-bath unit. The building features generous floor plans with in-unit laundry, en suite bathrooms in the primary bedrooms (2-bed units), and Eleven (11) on-site parking spaces including three tandem spaces, one single space, and two double garages. Unit F, the top-floor bay view apartment, will be delivered vacant at closing—ideal for an immediate lease-up at market rent or for an owner-user seeking a one-of-a-kind coastal residence. This property presents multiple value-add strategies. Current rents are approximately 28% below market, allowing a new owner to realize significant income growth through strategic renovations and lease turnovers. Two units have already been upgraded, providing a clear roadmap for further improvements. In addition, the rear double garages offer the potential to add ADUs, enhancing overall revenue....
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Home facts
- Listing ID #:260006835
- Added:1 day(s) ago
- Updated:March 24, 2026 at 07:36 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:15
- Full bathrooms:15
- Living area:7,943 sq. ft.
Structure and exterior
- Building area:7,943 sq. ft.
Finances and disclosures
- Price:$4,800,000
- Price per sq. ft.:$604.31
Parking
- Total parking spaces:11
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