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Residential Income for sale : 12 bedrooms : 1522-24 Hornblend in San Diego

1522-24 Hornblend San Diego

Main Photo: Residential Income for sale : 12 bedrooms : 1522-24 Hornblend in San Diegobanner
$3,400,000
Prop. Type:
Residential Income
MLS® Num:
260026076
Status:
Active
Bedrooms:
12
Bathrooms:
8
Year Built:
1989
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.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
Pacific Beach
Name of Complex/Subdivision:
PACIFIC BEACH
Building Name:
N/K
Total Building Area:
Switch units of measure4,000 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
12
Bathrooms:
8
Full Bathrooms:
8
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
1989
Age (in years):
Switch units of measure37 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional
Cap Rate.:
4.7
Gross scheduled income:
219540.0
Other income actual:
0
Operating expense:
59883.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
Cable TV, Electricity, Gas/Propane
Unit Number for Unit 4:
House
Projected Rent for Unit 1:
$5,100
Projected Rent for Unit 2:
$5,000
Projected Rent for Unit 3:
$5,000
Projected Rent for Unit 4:
$5,300
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure6,098 sq. ft.
Parcel Number:
423-093-15-00
Heating:
Wall/Gravity
Heating fuel:
Natural Gas
Cooling:
N/K
Roof:
Composition
Security:
Other/Remarks
Pets Allowed:
Yes
Zoning:
R-3:RESTRI
Fencing:
Full
Listed by Compass
Data was last updated November 6, 2026 at 01:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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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.

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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.