- – beds
- – baths
- – sqft
- 1980 build
- – on site
OPTIONS! Long term rental, Airbnb or potential condo conversion. $250,000+ current gross annual income. 1152-54 Pacific Beach Dr. is a premier four-unit investment property in the coveted Sail Bay neighborhood of Pacific Beach, San Diego. Originally constructed in 1980 and extensively renovated in 2023, this coastal gem features a desirable condo quality mix of one large four-bedroom/two-bath front house, one three-bedroom/two-bath unit, and two two-bedroom/two-bath units. Two single car garages are also at the rear of the building along with four surface parking spaces. The units are spacious, ranging from 800 to 2,000 square feet, boasting modern interiors with new kitchens, stainless steel appliances, marble countertops, and farm-style sinks. Select units include full-size washer/dryers, and all benefit from air conditioning and new dual-pane windows. Additional upgrades include a new 30 year roof, all new electrical sub-panels, iron security gates, EV charging stations and more. Ideally situated just one block from Sail Bay, residents enjoy proximity to the Bayside Boardwalk, Fanuel Street Park, and the Catamaran Resort, with the Pacific Ocean also a short walk away. Numerous shops, restaurants, and bars of Pacific Beach and Mission Beach are also within easy reach, enhancing the property’s appeal for residents. This versatile investment offers opportunities for long-term rentals, lucrative Airbnb potential, or potential condo conversion, with comparable nearby condos fetching nearly $1,000 per square foot.
Last checked:
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Last updated Jul 3, 2025
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MLS# 250032404SD —
The Building
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Year Built:1980
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Total Number Of Units:4
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# of Buildings:2
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Stories Total:2
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Number With Patio:4
Interior
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Levels:Two
Location
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Directions:CrossStreet: Dawes
The Property
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Property Type:Residential Income
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Security Features:Gated Community
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:42325214
Heating & Cooling
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Heating:1
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Cooling:Yes
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Cooling:See Remarks
The Community
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Subdivision:Pacific Beach
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Subdivision:Pacific Beach
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Neighborhood:Sail Bay
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Park Name:n/a
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Senior Community:No
Extra Units
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Number With Dishwasher:4
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/3/25
Jul 3, 2025
|
Listed / Active | CRMLS_CA | $3,945,000 | 38.4% (11.7% / YR) |
4/1/24
Apr 1, 2024
|
Listed / Active | CRMLS_CA | ||
3/23/22
Mar 23, 2022
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CRMLS_CA | $2,850,000 |