1152-54 Pacific Beach Dr
San Diego, CA, 92109 $ 3,895,000
Bedrooms11 Baths8.0 Monthly Estimate*
$ 24,300
for $3,895,000 with 11 bedrooms and 8 full baths. This home was built in 1980.
OPTIONS! Long term rental, Airbnb or potential condo conversion. $250,000+ current gross annual income. 1152-54 Pacific Beach Dr. is a premier four-unit investment property in the coveted Sail Bay neighborhood of Pacific Beach, San Diego. Originally constructed in 1980 and extensively renovated in 2023, this coastal gem features a desirable condo quality mix of one large four-bedroom/two-bath front house, one three-bedroom/two-bath unit, and two two-bedroom/two-bath units. Two single car garages are also at the rear of the building along with four surface parking spaces. The units are spacious, ranging from 800 to 2,000 square feet, boasting modern interiors with new kitchens, stainless steel appliances, marble countertops, and farm-style sinks. Select units include full-size washer/dryers, and all benefit from air conditioning and new dual-pane windows. Additional upgrades include a new 30 year roof, all new electrical sub-panels, iron security gates, EV charging stations and more. Ideally situated just one block from Sail Bay, residents enjoy proximity to the Bayside Boardwalk, Fanuel Street Park, and the Catamaran Resort, with the Pacific Ocean also a short walk away. Numerous shops, restaurants, and bars of Pacific Beach and Mission Beach are also within easy reach, enhancing the property’s appeal for residents. This versatile investment offers opportunities for long-term rentals, lucrative Airbnb potential, or potential condo conversion, with comparable nearby condos fetching nearly $1,000 per square foot.
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FeaturesGeneralCooling Other/Remarks
Roof Other/Remarks
Security Features Gated Community
Construction Materials Wood/Stucco
Year Built 1980
Tenant Pays Electricity Gas/Propane
Levels 2 Story
Property Subtype Res Income 2-4 Units
Building Name n/a
County San Diego
Operating Expense 64517.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name PACIFIC BEACH
Full Baths 8
Status ACTIVE
City San Diego
Senior Community Y/N N
Number Of Units Total 4
MLS Area Coastal South
Lot Size Units Acres
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/250032404
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 4.56
Freehold IDX
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ExteriorFencing Gate
Lot Size Area 0.0
Number of Buildings 2
Building Area Total 4628.0
Waterfront Y/N N
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InteriorTotal Stories 2
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 11
Total Baths 8
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $24,300
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Diego, CA
Average List Price $2,244,102
Percent of Sale Price 42%
About San Diego, CA 1,417,428 Population
15% Since 2002
$ 72,408 Median Income
36.37 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/24/2025 | $3,895,000 | -1.27% | Price Down |
| 7/3/2025 | $3,945,000 | | Listed Price |