1476-80 Pescadero Drive, San Diego, CA 92107 - MLS#250026011

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Nicole Hazelton

[email protected] +1(619) 206-1892

$7,000,000

Est. payment - /mo

8 Beds

4 Baths

1,100 SqFt

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $6,363

Subdivision Ocean Beach

MLS Listing ID 250026011

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1958

Lot Size 5,382 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Oceanfront income property in Sunset Cliffs with sweeping views, a rare 4-car garage, and beautifully renovated rental units—offering an exceptional blend of location, flexibility, and lifestyle. Renovations were completed as recently as January 2025, and the entire property has been thoughtfully upgraded between 2020–2025 with new kitchens, baths, windows, and high-end finishes throughout. The front ocean-facing units enjoy private outdoor areas and unobstructed coastal views—one short-term rental was booked 317 nights over the past year. Two rear studios (bonus) are currently operated as long-term rentals. 2024 gross rental income totaled $445K with operating expenses of just $62K. Located just steps from Sunset Cliffs Natural Park, the beach, and neighborhood cafes. A rare opportunity to own a fully renovated oceanfront income property with strong financials and irreplaceable coastal frontage.

Location

State CA

County San Diego

Community Ocean Beach

Area Ocean Beach (92107)

Building/Complex Name Pescadero Drive

Zoning R-4

Interior

Heating Natural Gas

Appliance Forced Air Unit, Other/Remarks

Exterior

Exterior Feature Stucco, Vinyl

Parking Features Unit1:Assigned, Detached Unit2:Assigned, Detached Unit3:Assigned, Detached Unit4:Assigned, Detached

Garage Spaces 2.0

Fence Full

Community Features BBQ, Beach Rights, Other/Remarks

Complex Features BBQ, Beach Rights, Other/Remarks

View City, Ocean, Panoramic, Panoramic Ocean

Roof Type Other/Remarks

Building

Lot Description Corner Lot, Public Street, Street Paved, West of I-5

Story 2

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 2 Story

Schools

Elementary Schools San Diego Unified School District

Middle Schools San Diego Unified School District

High Schools San Diego Unified School District

Others

Miscellaneous Outbuilding,Value in Land

Acceptable Financing Cash, Conventional

Space Rent $126,000

Listing Terms Cash, Conventional

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Listed by Dawn Leahy • Pacific Sotheby's Int'l Realty

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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1476-80 Pescadero Drive San Diego, CA 92107

Nicole Hazelton

Key Details

Location

Interior

Exterior

Building

Schools

Others

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