Property Description:
Rare 3,100 sq ft two-unit coastal duplex (two 3-bed/2.5-bath, 1,550 sq ft each) on a 3,700 sq ft RM-1-1 corner lot in Pacific Beach, San Diego (92109). Built 1991 with strong bones, in-unit laundry, four off-street spaces, two convertible garages for by-right ADUs, and panoramic rooftop ocean/Sail Bay views. Walk Score 92—900 ft to Sail Bay, four blocks to Pacific Ocean, steps from Garnet Avenue dining/nightlife.?
Current $4,850/mo income; pro forma stabilized $14,700/mo ($6,500-$7,800/unit post-upgrades + $5,000 ADUs). Value-add: $150k/unit modernization + $450k ADUs (8-12 mo timeline). Priced at $3,150,000. Qualified buyers please contact Alex for a full offering memorandum or to walk the property.
Please do not disturb tenants.
Seller is open to seller financing.