1476-80 Pescadero Drive new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92107
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
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
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
Sewer Sewer Connected
Water Meter on Property
Schools
Elementary Schools San Diego Unified School District
Middle Schools San Diego Unified School District
High Schools San Diego Unified School District
Others
Acceptable Financing Cash,Conventional
Space Rent $126,000
Listing Terms Cash,Conventional