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1478 Hornblend Street San Diego, CA $ 6,350,000
1478 Hornblend Street
$ 6,350,000
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1478 Hornblend Street

San Diego, CA, 92109
$ 6,350,000
Bedrooms-- Baths--

Monthly Estimate*

$ 39,616

Listed by The Mogharebi Group
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Commercial Property for sale in San Diego, CA

for $6,350,000. The lot size is 0.1575.

The Surf House is a trophy-quality 10-unit luxury apartment community ideally located at 1478 Hornblend Avenue in the heart of Pacific Beach, San Diego. This exceptional offering represents a rare opportunity to acquire a fully rebuilt, turnkey coastal asset in one of Southern California’s most supply-constrained and sought-after rental submarkets. Completed in June 2024, The Surf House underwent a comprehensive stripped-down-to-the-studs redevelopment under full City of San Diego permits, bringing the property to modern building code standards and ensuring long-term structural and operational durability. Major upgrades include a new 600-amp electrical system (100 amps per unit), all-new plumbing, a centralized hot water system, fire sprinklers, foundation, new roof, windows, smooth-finish stucco, custom gutters, and architectural steel staircases. Interiors of each residence feature premium designer-level finishes, such as quartz countertops, custom style cabinetry, designer tile, high-end stainless-steel appliances, luxury vinyl plank flooring, in-unit washer and dryer, and individual split HVAC systems. Every unit has been meticulously designed to complement a modern coastal lifestyle, offering private outdoor living areas—including exclusive patios or expansive roof decks—with many units capturing panoramic ocean and bay views. Centrally located just six blocks from the shoreline and steps from Garnet Avenue’s vibrant dining, retail, and entertainment corridor, The Surf House boasts a Walk Score of 96, driving strong resident demand and premium rents. With stric

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Commercial Active

Price

$ 6,350,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1575

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250042853SD

Days on Market

70

Features
General
Zoning RM-2-5
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Net Operating Income 296569
Operating Expense 126369
Insurance Expense 5324
Property Type Commercial Sale
Status Active
City San Diego
Number Of Units Total 10
MLS Area 92109 - Pacific Beach
Lot Size Units Square Feet
Lot Size Square Feet 6860
Trash Expense 3279
Water Sewer Expense 5000
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 4.67
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Interior
Air Conditioning Y/N 1
Heating Y/N 0
Total Baths 0
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Exterior
Total Parking 9
Lot Size Area 6860
Number of Buildings 1
Lot Dimensions 50 x 137
Lot Size Acres 0.1575
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* Excluded Features
List By
The Mogharebi Group

Broker

John.Rodiles@Mogharebi.com

Email

Affordability Calculator

$39,616
Per Month
100%
0%
0%
Monthly Principal & Interest
$39,616
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$6,350,000 Listed Price

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1478 Hornblend Street, San Diego, CA, 92109 is a Commercial Property for sale at $6,350,000 with a lot size of 0.1575. The property's zip code is 92109 which is in San Diego, CA