2603 Figueroa Blvd

Welcome to this stunning three-story residence overlooking Rose Creek, ideally situated at the end of a quiet cul-de-sac in the highly sought-after community of Pacific Beach. This exceptional property offers a rare combination of privacy, scenic views, strong rental income, and significant future development potential. Zoned RM-3-8 with an impressive 2.25 Floor Area Ratio, the property allows for multiple ADUs, making it an outstanding opportunity for investors, developers, or owner-users seeking long-term upside in one of San Diego’s most desirable coastal neighborhoods. The main living level is thoughtfully designed for both everyday living and entertaining. A spacious open-concept living room flows effortlessly into the kitchen and bright dining area, creating a welcoming and functional heart of the home. Upstairs, the primary suite serves as a true private retreat, offering an elevated sense of comfort and independence. This expansive space includes its own kitchenette, a generously sized ensuite bathroom, and direct access to a private balcony—the perfect place to enjoy tranquil creek views, coastal breezes, and peaceful surroundings. The home’s three-story layout offers excellent separation of space, enhancing livability while also supporting strong rental performance. Currently leased at $9,200 per month, the property provides immediate income with the flexibility to reposition, redevelop, or further enhance value over time.