1152 Pacific Beach Drive

San Diego CA 92109

4628 sq. ft.

Multi-Family

Last sold for $3,735,000

Nate Pepper, last sold this property on 13 January 2026 after 651 days on market.

Overview

OPTIONS! Long term rental, Airbnb or potential condo conversion. $250,000+ current gross annual income. 1152-54 Pacific Beach Dr. is a premier four-unit investment property in the coveted Sail Bay neighborhood of Pacific Beach, San Diego. Originally constructed in 1980 and extensively renovated in 2023, this coastal gem features a desirable condo quality mix of one large four-bedroom/two-bath front house, one three-bedroom/two-bath unit, and two two-bedroom/two-bath units. Two single car garages are also at the rear of the building along with four surface parking spaces. The units are spacious, ranging from 800 to 2,000 square feet, boasting modern interiors with new kitchens, stainless steel appliances, marble countertops, and farm-style sinks. Select units include full-size washer/dryers, and all benefit from air conditioning and new dual-pane windows. Additional upgrades include a new 30 year roof, all new electrical sub-panels, iron security gates, EV charging stations and more. Ideally situated just one block from Sail Bay, residents enjoy proximity to the Bayside Boardwalk, Fanuel Street Park, and the Catamaran Resort, with the Pacific Ocean also a short walk away. Numerous shops, restaurants, and bars of Pacific Beach and Mission Beach are also within easy reach, enhancing the property’s appeal for residents. This versatile investment offers opportunities for long-term rentals, lucrative Airbnb potential, or potential condo conversion, with comparable nearby condos fetching nearly $1,000 per square foot.

Features

11 bedrooms

8 bathrooms

4628 sq. ft. floor area

Multi-Family

Estimated Value

We need at least 3 similar 11 bedroom multi families sold in San Diego over the last 12 months.

Property history for 1152 Pacific Beach Drive

2026

Sold

$3,735,000

13 Jan 2026 by Nate Pepper, of CBRE

2022

Sold

$2,850,000

23 Mar 2022 by Joshua Geller, of Willis Allen Real Estate

Happy sellers in San Diego

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