Great opportunity to buy a stabilized asset with 3 units remodeled. New owner can convert the garages to 2 additional 450SF studio ADU's or one big 2 bed 1 bath ADU by right increasing income. With 30 foot height limit in coastal pacific beach the rental market remains strong. Blocks away from Better Buzz, Trader Joes, Jersey Mikes, Vons and close enough to bay and ocean but far enough to avoiding parking issues closer to the water. Also has 4 uncovered parking spots and 4 covered spots.Signed leases starting August 1 2025 for $15,000/month. New owner can Airbnb (back units 2 bed 1.5 baths) all summer(until July 31 2025) to maximize returns. Text listing agent to walk the property.
Data was last updated May 8, 2025 at 05:10 PM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$2,495,000
Min list price:
$1,425,000
Max list price:
$16,750,000
Avg days on market:
38
Min days on market:
3
Max days on market:
542
Avg price per sq.ft.:
$556.16
These statistics are generated based on the current listing's property type
and located in
Coastal South. Average values are
derived using median calculations.