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

Bedrooms7 Baths5.2

Monthly Estimate*

^$ 15,785

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

Multi-Family Home for sale in San Diego, CA

for $2,500,000 with 7 bedrooms and 5 full baths, 2 half baths. This home was built in 1952 on a lot size of 0.142746.

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

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.142746

Year Built

1952

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260021407

Features

General

Cooling Central Forced Air

Roof Tile/Clay

Zoning R-3:RESTRI

Security Features N/K

Construction Materials Stucco

Year Built 1952

Tenant Pays Water Cable TV Electricity Gas/Propane

Levels 2 Story

Property Subtype Res Income 2-4 Units

Building Name Pacific Beach

County San Diego

Operating Expense 51945.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name PACIFIC BEACH

Full Baths 5

Status ACTIVE

City San Diego

Senior Community Y/N N

Number Of Units Total 4

MLS Area Coastal South

Lot Size Units Acres

Lot Size Square Feet 6218.0

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 3.85

Freehold IDX

Exterior

Fencing Partial

Lot Size Area 0.14

Number of Buildings 1

Building Area Total 3700.0

Waterfront Y/N N

Interior

Total Stories 2

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 2

Total Bedrooms 7

Total Baths 7

* Excluded Features

List By

Aaron Bove

Listing Agent

Colliers International Sd, Inc

Broker

(858) 945-7094

Phone

Affordability Calculator

$15,785

Per Month

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

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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 ^$2,185,645

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.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/2/2026	$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 0.142746. 1228 Grand has 7 bedrooms, 5.2 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 San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 9/2/2026.

CA BRE #019180026.

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1228 Grand

Multi-Family Home for sale in San Diego, CA

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