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Residential Income for sale : 8 bedrooms : 1476-80 Pescadero Drive in San Diego

1476-80 Pescadero Drive San Diego

Main Photo: Residential Income for sale : 8 bedrooms : 1476-80 Pescadero Drive in San Diegobanner
$6,750,000
Prop. Type:
Residential Income
MLS® Num:
250044862
Status:
Active
Bedrooms:
8
Bathrooms:
4
Year Built:
1958
Rare true oceanfront income property in Sunset Cliffs with sweeping ~280° sit-down ocean views, exceptional privacy, and beautifully renovated, turn-key interiors. Includes four upgraded 2BR residences plus two well-finished bonus studio units, offering excellent flexibility and income potential. Renovations from 2020–2025 include quartz counters, stainless appliances, LVP flooring, updated baths, dual-pane windows, and cohesive coastal-modern finishes. Three residences perform strongly as VRBO short-term rentals, while the remaining units are month-to-month long-term rentals with significant upside. Additional highlights: rare 4-car garage, new garage doors, new staircases, and multiple ocean-facing decks/patios.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
Sunset Cliffs
Name of Complex/Subdivision:
OCEAN BEACH
Building Name:
Pescadero Drive
Total Building Area:
Switch units of measure3,700 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
8
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
1958
Age (in years):
Switch units of measure67 year(s)
Short Sale:
false
Home Owner Fees:
$0
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, Seller May Carry, Other/Remarks
Cap Rate.:
6.33
Gross scheduled income:
456900.0
Other income actual:
426900
Operating expense:
63000.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
Other/Remarks
Unit Number for Unit 1:
1476
Unit Number for Unit 2:
1478
Unit Number for Unit 3:
1478.5
Unit Number for Unit 4:
1476.5
Projected Rent for Unit 1:
$155,000
Projected Rent for Unit 2:
$155,000
Projected Rent for Unit 3:
$120,000
Projected Rent for Unit 4:
$54,000
Sunset Cliffs Boulevard to Pescadero Avenue to Pescadero Drive.
Elementary School District:
San Diego Unified School Distric
Junior High School District:
San Diego Unified School Distric
High School District:
San Diego Unified School Distric
Site Influences:
Corner Lot, Public Street, Street Paved, West of I-5
View:
City, Ocean, Panoramic, Panoramic Ocean
Complex Features:
BBQ, Beach Rights, Laundry Facilities, Other/Remarks
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Miscellaneous:
Outbuilding, Value in Land
Exposure Front:
Ocean/Bluff, Ocean/Sand
Construction Material:
Stucco, Vinyl
Lot Size:
Switch units of measure5,227 sq. ft.
Parcel Number:
448-242-03-00
Heating:
Forced Air Unit, Other/Remarks
Heating fuel:
Natural Gas
Cooling:
N/K
Utilities:
Sewer Connected
Pool Features:
N/K
Spa Features:
N/K
Roof:
Other/Remarks
Security:
Eqpt Owned, Other/Remarks
Telecommunications:
Cable (coaxial), Wired High Speed Internet
Water supply:
Meter on Property
Irrigation:
N/K
Zoning:
R-4
Fencing:
Full
Possession Details:
Close of Escrow
Listed by Pacific Sotheby's Int'l Realty
Data was last updated December 13, 2025 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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