RARE PACIFIC BEACH FOURPLEX | FOUR RENOVATED 3-BEDROOM, 2-BATHROOM UNITS! An exceptional opportunity to acquire a turnkey coastal multifamily investment in one of San Diego's most desirable rental markets. Just blocks from Mission Bay, the Pacific Ocean, and Pacific Beach's vibrant dining, shopping, and entertainment corridor, this four-unit property offers a rare combination of location, spacious floor plans, and modern improvements. Unlike the typical Pacific Beach apartment building, all four residences feature 3-bedroom, 2-bathroom layouts-a highly desirable unit mix that attracts a broad tenant pool and supports strong rental demand. Extensive renovations include modern kitchens with quartz and granite countertops, stainless steel appliances, luxury plank flooring, updated bathrooms, and contemporary finishes throughout. Additional highlights include four single-car garages, off-street parking, and potential value-add opportunities. With a Walk Score of 97 and a premier coastal location, this property offers immediate income and long-term investment potential. An attractive opportunity for 1031 exchange buyers seeking to identify and acquire a quality coastal asset before year-end 2026.
| MLS # | 260026076SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 14 |
| Listing Provided By | Compass | Corey Wyatt |
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Building(s) | 2 |
| Zoning | R-3:RESTRI |
| Acreage | 0.14 |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Roof | Composition |
|---|
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92109 |
| Area | 92109 Pacific Beach |
| Community Name | Pacific Beach |
| Listing VS Median (in Pacific Beach) | |
Price: $3,400,000 low | high Med: $795,000 On site: 14 low | high Med: 23 | |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92109 |
| Area | 92109 Pacific Beach |
| Community Name | Pacific Beach |
| Listing VS Median (in Pacific Beach) | |
Price: $3,400,000 low | high Med: $795,000 On site: 14 low | high Med: 23 | |
![]() | $2,995,0001631 Garnet AvenueSan Diego, CA 92109 |