San Diego, CA 92109,901 Sapphire ST
San Diego, CA 92109,901 Sapphire ST
San Diego, CA 92109,901 Sapphire ST
San Diego, CA 92109,901 Sapphire ST
San Diego, CA 92109,901 Sapphire ST
San Diego, CA 92109,901 Sapphire ST
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$4,250,000

$4,000,000

6.3%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 07/03/2025

Key Details

Sold Price $4,250,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PTP2504354

Sold Date 07/03/25

HOA Y/N No

Year Built 1950

Lot Dimensions Appraiser

Property Sub-Type Multi Family

Property Description

Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diego's most sought-after coastal communities. Just blocks from the ocean, this walkable location boasts a Walk Score® of 88 and provides easy access to Garnet Avenue, shops, restaurants, nightlife, and public transit. This Pacific Beach, prime location multi-unit property consists of ten 1-bedroom units with development potential to convert several units into 2-bedroom layouts (buyer to verify). Situated on a 7,876 SF R-3 zoned lot (0.18 acres), the site also offers long-term redevelopment upside. Additional features include 10 surface parking spaces, strong in-place income, and significant value-add potential through interior renovations and rent optimization. With limited inventory in the area and high tenant demand, this is a rare investment opportunity with room to grow in both cash flow and equity. See attached Memorandum in Documents.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Zoning R-3:RESTRICTED MULTIPLE

Interior

Fireplace No

Laundry Common Area

Exterior

Utilities Available Electricity Connected

Total Parking Spaces 10

Building

Lot Description Level, Street Level

Story 2

Others

Tax ID 4152421000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Justin & Jessica Bouzane

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS – RECore
Listed by Mike Aon Realty Executives Dillon Mike@theaongroup.com
Bought with Nichole Quiroz NewTown Real Estate

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agent
Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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