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PACIFIC BEACH Property for sale: 1951-1955 Hornblend St in san diego

1951-1955 Hornblend St san diego PACIFIC BEACH

Main Photo: PACIFIC BEACH Property for sale: 1951-1955 Hornblend St in san diegobanner
$2,700,000
Prop. Type:
2-4 Units
MLS® Num:
250025208
Status:
Active
Year Built:
1977
Great opportunity to buy a stabilized asset with 3 units remodeled. New owner can convert the garages to 2 additional 450SF studio ADU's or one big 2 bed 1 bath ADU by right increasing income. With 30 foot height limit in coastal pacific beach the rental market remains strong. Blocks away from Better Buzz, Trader Joes, Jersey Mikes, Vons and close enough to bay and ocean but far enough to avoiding parking issues closer to the water. Also has 4 uncovered parking spots and 4 covered spots.Signed leases starting August 1 2025 for $15,000/month. New owner can Airbnb (back units 2 bed 1.5 baths) all summer(until July 31 2025) to maximize returns. Text listing agent to walk the property.
Lot Size:
4,000-7,499 SF
Number of Buildings:
2
Number of Units:
3
Year Built:
1977
Stories:
2 Story
Total Stories:
2
Market Area:
Coastal South
Community:
PACIFIC BEACH
County:
San Diego
Neighborhood Code:
pacific beach
Name of Complex/Subdivision:
pacific beach
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Electricity, Gas/Propane
Other income:
0
Annual expense actual:
48600
Cap Rate.:
4.86
Gross Rent Multiplier:
0.0
Gross scheduled income:
15000
Unit Number for Unit 1:
1951
Finished Area for Unit 1:
Switch units of measure1,200 sq. ft.
Bedrooms for Unit 1:
3
Number of bathrooms for Unit 1:
2
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
7000.0
Total Rent for Unit 1:
7000.0
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
1953
Finished Area for Unit 2:
Switch units of measure1,000 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
2
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
1
Deposit for Unit 2:
4000.0
Total Rent for Unit 2:
4000.0
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Unit Number for Unit 3:
1955
Finished Area for Unit 3:
Switch units of measure1,000 sq. ft.
Bedrooms for Unit 3:
2
Number of bathrooms for Unit 3:
2
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
1
Deposit for Unit 3:
4000.0
Total Rent for Unit 3:
4000.0
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
Yes
Number of bathrooms for Unit 4:
0
lamont
Exterior Features:
Stucco
Cooling:
None
Number of Units with Cooling:
0
Number of Units with Dishwashers:
3
Number of Units with Dryers:
3
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
2
Number of Units with Patios:
0
Number of Units with Range/Oven:
3
Number of Units with Refrigerators:
3
Number of Units with Washers:
3
Roof:
Composition
Security:
N/K
Fencing:
Gate
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, Exchange
Parcel Number:
4240420700
Listed by Backyard Brokerage Inc.
Data was last updated May 1, 2025 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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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. Compilation © 2025 San Diego Multiple Listing Service, Inc.

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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. Compilation © 2025 San Diego Multiple Listing Service, Inc.