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listing
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CommercialFor Sale
$5,350,000
1948 Emerald St
San Diego, CA 92109
Listed by Steven Cairncross DRE#00859218 steve@teamcairncross.com Berkshire Hathaway HomeServices California Properties
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$27,716/mo

Located on a serene residential block in the heart of Pacific Beach and walkable to countless neighborhood amenities, this 8-unit 2-story apartment building sitting on a 9,376sf lot features all 2 bed/2 bath units each with approx. 730 sqft, 2 assigned parking spaces (tandem style), and a shared laundry room with coin operated machines. Renovations vary per unit, and upgrades to finishes and appliances have been made over the years. Units have a great sense of separation and privacy from one another. Tons of open space surrounds the building including large front and rear patio areas, bike storage, and an expansive parking lot off the alley for 16 cars. Building is fully leased with a combination of annual and month-to-month leases in place. This is a fantastic investment opportunity in a proven, inventory-constrained neighborhood near the ocean, bay, and walkable to Kate Sessions Park, groceries, restaurants, cafes, banks, and more. Building was built in 1988 and this seller is only the second owner (purchased from builder).

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Information courtesy of Berkshire Hathaway HomeServices California Properties is subject to verification and is not guaranteed.
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