Please contact the listing agent for the Offering Memorandum. Adelle Mar Apartments is a prime multifamily investment opportunity located in the highly desirable coastal community of Pacific Beach, San Diego. This well-maintained asset features an at tractive unit mix comprising two studios, seven one-bedroom/ one-bath units, and one two-bedroom/one-bath unit. The property has benefited from recent capital improvements and major building system upgrades, with select units receiving moderate interior renovations. For investors seeking value-add potential, there is significant upside through a comprehensive renovation program that could substantially increase rental income. Strategically located west of Interstate 5 and within walking distance to Mission Bay and Mission Bay Park—a 4,600-acre aquatic recreation area—Adelle Mar Apartments offers residents easy access to scenic beaches, outdoor activities, and an array of popular local restaurants, retail, and entertainment options. The neighborhood maintains a quiet, beach-town atmosphere with plentiful street parking. DO NOT WALK THE PROPERTY WITHOUT THE LISTING BROKER PRESENT. TENANTS ARE NOT AWARE OF THE BUILDING SALE. PLEASE DO NOT APPROACH OR DISTURB ANY OF THE TENANTS.More details
The Hornblend Apartment Homes, an 8 unit rental community centrally located in Pacific Beach, CA. Situated on a 6,240-square-foot lot, the property features four spacious 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and one 2-bedroom/2-bath unit. Residents enjoy a peaceful, well-kept courtyard, four on-site tandem parking spaces, four single car garages, and a convenient on-site laundry facility with leased equipment. Four of the units have been extensively remodeled and are rented at top market rents while the other four units have long terms tenant and can benefit for remodeling and renting at higher market rents. Additionally, the four single car garages in the rear have ADU potential to further increase rental income. With its prime location just minutes from the beach, vibrant dining, shopping, and outdoor recreation, The Hornblend Apartment Homes offer an attractive lifestyle for tenants seeking a balance of coastal living and urban convenience. The property has been well maintained over the years, yet a strategic value-add opportunity exists to modernize the interiors and further enhance rental income.More details
An extremely rare offering of 6 Units in the heart of Mission Beach on 2 APN's! This trophy property is located just steps to the sand and consists of (4) 2 bed / 1 bath units & (2) 1 bed / 1 bath units. Located within comfortable walking distance to dozens of restaurants, cafes, bars, Belmont Park and other entertainment options, the location is a 10/10 and these units would perform well as either long or short term rentals. With create occupancy, a savvy investor can immediately take advantage of obtaining Tier 2 licenses for a portion of the units. If you are looking for a stable, low vacancy property while getting on the waitlist to obtain full time Tier 4 short term licenses, this is the perfect fit. You truly do not want to miss out on this incredible opportunity!More details
PROPR Real Estate is pleased to offer a well-maintained, 12 Unit, multi-family asset in the heart of Pacific Beach. This prime location offers an exceptional opportunity for investors seeking a stable and profitable asset in one of San Diego’s most sought-after coastal areas. Rents are significantly under market, offering the investor much upside at the lowest price per unit in Pacific Beach. Blocks from the beach and bay, the property is walking distance to retail and dining. The building offers assigned off-street parking, on-site laundry, and a charming courtyard featuring a dining area and grill, providing both convenience and a sense of community. Recent upgrades include new appliances throughout the apartments, complete exterior painting, and a rehabbed common area with new furniture and concrete. Additionally, the building has passed the required SB 721 balcony inspection, ensuring full compliance with California’s safety regulations.More details
We are pleased to present 801 & 807 Coronado Ct, two contiguous five-unit properties located in the coveted South Mission Beach neighborhood of San Diego, CA. Originally built in 1948 with recent upgrades in the past five years, the subject property features eight (8) one-bedroom/one-bathroom units ranging from 450 to 550 square feet, two (2) two-bedroom/one-bathroom units ranging from 850-950 square feet, and ten (10) carport parking spaces in the rear of the building. The property is situated on 0.17-acres and has 5,660 square feet of rentable space. This property presents a unique opportunity for an investor to purchase a value-add investment opportunity in one of the strongest submarkets at the forefront of rental growth in San Diego. The new owner will enjoy the security of having the property situated near comparable apartment complexes, local shopping, and infrastructure, as well as having easy access to the California coastline. The property has been well maintained with many upgrades and improvements in recent years and boast onsite laundry facilities. Interiors are spacious and well-appointed with vinyl plank flooring, new windows, and upgraded kitchens and baths in select units. The property is situated in the heart of South Mission Beach, one of San Diego’s most iconic and desirable coastal neighborhoods, nestled between the Pacific Ocean and Mission Bay. It is a narrow strip of land offering both oceanfront and bayfront living, with easy access to two unique waterfront experiences.More details
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