Seller financing in the first few years of ownership will be very attractive for the buyer. Please call broker to discuss. For sale is a 10 unit apartment building in Pacific Beach/San Diego. Buyers can take full advantage of high leverage seller financing at a great interest rate...freeing up capital to renovate and convert these studios into 1br units and bring rents up to market. Ask agent for more details / examples of this popular conversion. This central PB location is within walking and biking distance to several popular retailers and eateries as well as Mission Bay, Sail Bay and Crystal Pier. Seller has removed master meter and all tenants are separately metered with SDGE.More details
DEVELOPMENT OR REMODEL DEAL! Broker obtained the last Final & Recorded Subdivision Map in MB allowing 1-1 parking. 8 units can be remodeled and made into condos, or current zoning allows 4 new condos. Property was originally a motel, then had a successful run as vacation rentals and m-m rentals. Some direct ocean views in the neighborhood of $10M homes and $4M condos. THIS IS AN "AS-IS, WHERE IS" SALE! Buyer shall obtain all reports and inspections and shall not rely on any representations of the Seller or the Broker.More details
Pleased to present a rare opportunity to acquire a highly renovated, luxury community in the Pacific Beach neighborhood of San Diego. Board House Villas is comprised of 10 total apartment units offering 6,609 rentable square feet. Originally constructed in 1970, this property has undergone an extensive renovation completed in 2022 including interior, exterior, major systems, and many additions. Comprised of (3) 2-bedroom/1-bathroom units, (5) 1-bedroom/1-bathroom units, and (2) oversized studio/1-bathroom units. Each unit is highly renovated with ducted air conditioning and heating, in-unit laundry, a modern design, and all high-end materials. Three of the first-floor units feature roll-up garage doors in the living room that open to large private patios for indoor/outdoor enjoyment. Second floor units feature private rooftop decks with bay views accessed by a custom floating stairway making for a one-of-a-kind apartment living in this coastal neighborhood. The major systems have been replaced which were completed with City of San Diego building permits and inspections.More details
Pleased to present for sale a portfolio of two highly renovated 10-unit apartment complexes in the Pacific Beach neighborhood of San Diego. With the modernizations completed and leased in 2022-2023, these brand-new properties can be purchased together or separately. Surf House Pacific Beach located at 1468 Hornblend St is comprised of (three) 2-bedroom/1-bathroom units, (six) 1-bedroom/1-bathroom units, and (one) studio/1-bathroom unit. Board House Villas, located at 2121 Thomas Ave, is comprised of (3) 2-bedroom/1-bathroom units, (5) 1-bedroom/1-bathroom units, and (2) oversized studio/1-bathroom units.More details
Pleased to present for sale a portfolio of three highly renovated 10-unit apartment complexes in the Pacific Beach neighborhood of San Diego. Two properties were completed and leased in 2022-2023, and the third is currently under construction with an estimated completion date of January 2024. These brand-new properties can be purchased together or separately. Properties include 1478 Hornblend St, 1468 Hornblend St, and 2121 Thomas Ave.More details
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