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1420-22 Pacific Beach Dr, San Diego, CA, 92109

24beds
19baths
11,291sqft
$7,890,000
$699price/sqft
$47,431/moest. monthly cost
$1,897,240/yrincome needed

About This Home

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. ***

Getting Around

77
WalkingVery Walkable
43
TransitSome Transit
67
BikeBikeable

Schools

5/10
10/10
9/10
Mission Bay High SchoolGrades 9-121.2 mi

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 19
  • Full bathrooms: 16
  • 1/2 bathrooms: 3

Interior Area

  • Total structure area: 11,291
  • Total interior livable area: 11,291 sqft

Property

Details

  • Parcel number: 4232821400

Features

  • Stories: 2

Lot

  • Lot size: 8,712 sqft