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Residential Income for sale : 24 bedrooms : 1420-22 Pacific Beach Dr in San Diego

1420-22 Pacific Beach Dr San Diego

Main Photo: Residential Income for sale : 24 bedrooms : 1420-22 Pacific Beach Dr in San Diegobanner
$7,890,000
Prop. Type:
Residential Income
MLS® Num:
260008659
Status:
Active
Bedrooms:
24
Bathrooms:
6
We are pleased to present 1420-1422 Pacific Beach Drive, a boutique townhome-style multifamily community ideally located in the heart of Pacific Beach, one of San Diego’s highly coveted coastal rental markets. Nestled near Mission Bay and just minutes from the beach, the property offers residents a premier coastal lifestyle with convenient access to dining, retail, and outdoor recreation. The property consists of eight spacious three-bedroom townhome residences, featuring a mix of three-bedroom/two-and-a-half-bathroom and three-bedroom/three-bathroom layouts. These highly sought-after larger-format units are highly desirable and cater to a wide range of tenants, including professionals and families. The townhome-style design enhances privacy and livability, supporting strong occupancy and long-term rental stability. In addition to its strong in-place fundamentals, the property presents a unique value-enhancement opportunity through commercial condominium mapping, allowing a future owner to potentially subdivide the asset into individual units for separate resale. This strategy provides flexibility to partition the property into smaller, more marketable investments, often achieving a higher aggregate value compared to a traditional bulk sale. Located along the well known Pacific Beach Drive, the property provides immediate access to Mission Bay, the Pacific Ocean, and the vibrant Pacific Beach commercial corridor, known for its restaurants, cafés, nightlife, and recreational amenities. With close proximity to major employment hubs and easy access to key transportation. ***
Property Sub Type:
Com-Res Income
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
Coastal South
Total Building Area:
Switch units of measure11,136 sq. ft.
Total Floor Area:
Switch units of measure11,136 sq. ft.
Total Bedrooms:
24
Bathrooms:
6
Full Bathrooms:
16
Half Bathrooms:
0
Num Stories:
2
Year Built:
0
Age (in years):
Switch units of measure2,026 year(s)
Gross scheduled income:
500064.0
Operating expense:
163715.0
Number of Units:
8
Number of Units in Unit 1:
2
Number of Units in Unit 2:
1
Number of Units in Unit 3:
5
Please contact listing agent:
Complex Features:
None
Special Listing Conditions:
N/K
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
4232821400
Listed by Marcus & Millichap
Data was last updated April 23, 2026 at 11:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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