1476 1480 Pescadero Drive San Diego, CA $ 5,950,000
1476 1480 Pescadero Drive
$ 5,950,000
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1476 1480 Pescadero Drive

San Diego, CA, 92107
$ 5,950,000
Bedrooms-- Baths1.0

Monthly Estimate*

$ 41,095

Listed by Dawn Leahy, Pacific Sotheby's Int'l Realty, dawn@dawnleahy.com
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Multi-Family Home for sale in San Diego, CA

for $5,950,000 with 1 full bath. This home was built in 1958 on a lot size of 0.1236.

True oceanfront in Sunset Cliffs with extraordinary 280-degree Pacific Ocean views stretching north to La Jolla and south along the coastline, capturing spectacular sunsets year-round. Four beautifully renovated two-bedroom residences plus two spacious bonus studios with lofts, all enjoying ocean views. Every space has been fully renovated with quality finishes throughout, including updated kitchens and baths, quartz countertops, stainless appliances, LVP flooring, and dual-pane windows. This meticulously maintained property offers a strong, growing rental history, with three established short-term vacation rentals conveyed fully furnished and additional long-term rental income. Multiple ocean-facing decks and patios make the most of the views, while the rare four-car garage provides valuable parking and storage. Easy access to Sunset Cliffs, along with convenient proximity to Point Loma, downtown San Diego, the airport, and major transportation routes, adds to the appeal for residents and vacation guests alike. Personally managed by the owner, with potential for increased revenue through more active management and pricing strategies. The shoreline protection system received a favorable engineering assessment in 2026, with an outlook for decades of continued protection with routine monitoring and maintenance. Full report available for review. An exceptional combination of oceanfront location, turnkey condition, established income, and long-term investment potential along San Diego's coastline.

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Multi-Family Active

Price

$ 5,950,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1236

Year Built

1958

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260025597SD

Days on Market

15

Features
General
Heating Forced Air Natural Gas See Remarks
Cooling None
Appliances Gas Water Heater
Zoning R-4
HOA Fee 0
Pool Features None
Year Built 1958
Tenant Pays See Remarks
View Ocean Panoramic
Levels Multi/Split
County San Diego
Net Operating Income 418023
Property Type Residential Income
Subdivision Name Ocean Beach
Status Active
Directions Sunset Cliffs Boulevard to Pescadero Avenue to Pescadero Drive. CrossStreet: Pescadero Avenue
City San Diego
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92107 - Ocean Beach
Lot Size Units Square Feet
Lot Size Square Feet 5382
Listing Terms Conventional
Spa Features None
Standard Status Active
Cap Rate 7.03
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 5382
Park Name Pescadero Drive
Number of Buildings 1
Spa true
Lot Size Acres 0.1236
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Dawn Leahy

Listing Agent

Pacific Sotheby's Int'l Realty

Broker

dawn@dawnleahy.com

Email

Affordability Calculator

$41,095
Per Month
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Monthly Principal & Interest
$41,095
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Default based on a 30-year fixed rate of 7.375% 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
10/23/2026$5,950,000 Listed Price

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1476 1480 Pescadero Drive, San Diego, CA, 92107 is a Multi-Family Home for sale at $5,950,000 with a lot size of 0.1236. 1476 1480 Pescadero Drive has 1.0 baths and was built in 1958. The property's zip code is 92107 which is in San Diego, CA