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1478 Hornblend Street
Coastal South San Diego 92109

$5,500,000
Residential Income beds: 12 baths: 11.0 6,860 sq. ft. built: 0

Main Photo: Residential Income for sale : 12 bedrooms : 1478 Hornblend Street in San Diego
Photo 1: Residential Income for sale : 12 bedrooms : 1478 Hornblend Street in San Diego
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
250042853
Bedrooms:
12
Bathrooms:
11
The Surf House is a trophy-quality 10-unit luxury apartment community ideally located at 1478 Hornblend Avenue in the heart of Pacific Beach, San Diego. This exceptional offering represents a rare opportunity to acquire a fully rebuilt, turnkey coastal asset in one of Southern California’s most supply-constrained and sought-after rental submarkets. Completed in June 2024, The Surf House underwent a comprehensive stripped-down-to-the-studs redevelopment under full City of San Diego permits, bringing the property to modern building code standards and ensuring long-term structural and operational durability. Major upgrades include a new 600-amp electrical system (100 amps per unit), all-new plumbing, a centralized hot water system, fire sprinklers, foundation, new roof, windows, smooth-finish stucco, custom gutters, and architectural steel staircases. Interiors of each residence feature premium designer-level finishes, such as quartz countertops, custom style cabinetry, designer tile, high-end stainless-steel appliances, luxury vinyl plank flooring, in-unit washer and dryer, and individual split HVAC systems. Every unit has been meticulously designed to complement a modern coastal lifestyle, offering private outdoor living areas—including exclusive patios or expansive roof decks—with many units capturing panoramic ocean and bay views. Centrally located just six blocks from the shoreline and steps from Garnet Avenue’s vibrant dining, retail, and entertainment corridor, The Surf House boasts a Walk Score of 96, driving strong resident demand and premium rents. With stric
Property Sub Type:
Com-Res Income
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Total Building Area:
6,860 sq. ft.
Total Floor Area:
6,860 sq. ft.
Total Bedrooms:
12
Bathrooms:
11
Full Bathrooms:
11
Half Bathrooms:
0
Num Stories:
2
Year Built:
0
Age (in years):
2,026 year(s)
Total Actual Rent:
$34,940
Cap Rate.:
5.26
Gross scheduled income:
425340.0
Operating expense:
126369.0
Number of Units:
10
Number of Units in Unit 1:
1
Number of Units in Unit 2:
1
Number of Units in Unit 3:
1
Number of Units in Unit 4:
4
Number of Units in Unit 5:
2
Number of Units in Unit 6:
1
Total Rent for Unit 1:
$2,600
Total Rent for Unit 2:
$2,800
Total Rent for Unit 3:
$3,450
Total Rent for Unit 4:
$3,595
Total Rent for Unit 5:
$4,150
Total Rent for Unit 6:
$4,400
Complex Features:
BBQ
Special Listing Conditions:
Call Agent
Laundry:
Owned
Lot Size:
6,229 sq. ft.
Lot Details:
50 x 137
Parcel Number:
4230921000
Parking Features:
Spaces
Total Parking Spaces:
9
Zoning:
RM-2-5
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Listed by The Mogharebi Group
Data was last updated August 25, 2026 at 07:10 AM (UTC)
Area Statistics
Listings on market:
85
Avg list price:
$2,849,000
Min list price:
$1,075,000
Max list price:
$11,995,000
Avg days on market:
83
Min days on market:
3
Max days on market:
432
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.