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Residential Income for sale : 8 bedrooms : 1065-1071 Grand Ave in San Diego

1065-1071 Grand Ave San Diego

Main Photo: Residential Income for sale : 8 bedrooms : 1065-1071 Grand Ave in San Diegobanner
$2,395,000
Prop. Type:
Residential Income
MLS® Num:
260013547
Status:
Active
Bedrooms:
8
Bathrooms:
4
Year Built:
1952
This is a 4-unit property with 4 garages in PB and only 3.5 blocks to the ocean. All units consist of 2 bedroom, 1 bath, 825 sqft with private patios. All are residential units totaling 3,300 sqft on a 6,245 sqft lot. Current rents are extremely low. CAP can be 4.5% at $3,500 a month rent w/ no updating. Also, may be potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. The front unit is currently an STVR (unit pictured) and the 3 others are long term tenants. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
Pacific Beach
Name of Complex/Subdivision:
PACIFIC BEACH
Building Name:
Grand East
Total Building Area:
Switch units of measure3,300 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
8
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
1952
Age (in years):
Switch units of measure74 year(s)
Short Sale:
false
Home Owner Fees Include:
N/K
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
3.4
Gross scheduled income:
126240.0
Other income actual:
0
Operating expense:
44184.0
Gross Rent Multiplier:
18.0
Number of Units:
4
Number of Units with Cooling:
4
Tenant pays:
N/K
Unit Number for Unit 1:
1065
Unit Number for Unit 2:
1067
Unit Number for Unit 3:
1069
Unit Number for Unit 4:
1071
Projected Rent for Unit 1:
$3,500
Projected Rent for Unit 2:
$3,500
Projected Rent for Unit 3:
$3,500
Projected Rent for Unit 4:
$3,500
Site Influences:
Alley Access, West of I-5
Special Listing Conditions:
Other/Remarks
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure6,098 sq. ft.
Parcel Number:
423-154-07-00
Heating:
Wall/Gravity
Heating fuel:
Natural Gas, Other/Remarks
Cooling:
Wall/Window
Utilities:
Sewer Connected
Pool Features:
N/K
Spa Features:
N/K
Roof:
Composition
Security:
N/K
Telecommunications:
Other/Remarks
Water supply:
Meter on Property
Irrigation:
Other/Remarks
Pets Allowed:
Yes
Zoning:
RM 2-5
Fencing:
Partial
Jurisdiction:
Incorporated
Possession Details:
Close of Escrow
Listed by The Agency
Data was last updated June 12, 2026 at 07:10 PM (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 © 2026 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 © 2026 San Diego Multiple Listing Service, Inc.