1228 Grand San Diego, CA ^$ 2,500,000

1228 Grand

^$ 2,500,000

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Recently Listed

1228 Grand

San Diego, CA, 92109

^$ 2,500,000

Studio Baths2.0

Monthly Estimate*

^$ 15,785

Listed by Colliers International SD, Inc

1228 Grand, San Diego, CA 92109 - Image 1

1228 Grand, San Diego, CA 92109 - Image 2

1228 Grand, San Diego, CA 92109 - Image 3

1228 Grand, San Diego, CA 92109 - Image 4

1228 Grand, San Diego, CA 92109 - Image 5

1228 Grand, San Diego, CA 92109 - Image 6

1228 Grand, San Diego, CA 92109 - Image 7

Studio

Multi-Family Home for sale in San Diego, CA

for $2,500,000 with 2 full baths. This home was built in 1952 on a lot size of 0.1427.

Four-unit investment opportunity in the heart of Pacific Beach with existing income and additional development potential. The property features a desirable mix of one- and two-bedroom residences, including two spacious two-bedroom/one-and-one-half-bath units, one two-bedroom/two-bath unit, and one one-bedroom/one-bath unit. Plans have been prepared for three additional ADUs, offering an opportunity to expand the property to seven total units, subject to City review and approval. Conveniently located near the beach, Mission Bay, restaurants, shopping, entertainment, public transportation, and major employment centers. An opportunity to acquire an income-producing coastal asset with multiple paths for future value creation. Buyer to independently verify leases, rents, deposits, square footage, zoning, ADU feasibility, plan status, permitting requirements, and all property information with the appropriate professionals and governmental agencies.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1427

Year Built

1952

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260021407SD

Days on Market

Features

General

Cooling Central Air

Zoning R-3:RESTRI

HOA Fee 0

Year Built 1952

Tenant Pays Cable TV Electricity Gas Water

Stories Count 2

Levels Two

County San Diego

Net Operating Income 96244

Property Type Residential Income

Subdivision Name Pacific Beach

Status Active

Directions CrossStreet: Fanuel St

City San Diego

Senior Community Y/N false

Number Of Units Total 4

MLS Area 92109 - Pacific Beach

Lot Size Units Square Feet

Lot Size Square Feet 6218

Listing Terms Cash Conventional FHA VA Loan

Standard Status Active

Cap Rate 3.85

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Fencing Partial

Total Parking 0

Lot Size Area 6218

Park Name Pacific Beach

Number of Buildings 1

Spa false

Lot Size Acres 0.1427

* Excluded Features

List By

Colliers International Sd, Inc

Broker

aaron.bove@colliers.com

Affordability Calculator

$15,785

Per Month

Monthly Principal & Interest: $15,785
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,177,054

Percent of Sale Price 13%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/1/2026	$2,500,000		Listed Price

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1228 Grand, San Diego, CA, 92109 is a Multi-Family Home for sale at $2,500,000 with a lot size of 0.1427. 1228 Grand is a studio with 2.0 baths and was built in 1952. The property's zip code is 92109 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/2/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1228 Grand

Multi-Family Home for sale in San Diego, CA

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