901 Sapphire Street

San Diego CA 92109

0.18 ac.

Multi-Family

Last sold for $4,250,000

Mike Aon, last sold this property on 03 July 2025 after 22 days on market.

Overview

Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diegos most sought-after coastal communities. Just blocks from the ocean, this walkable location boasts a Walk Score of 88 and provides easy access to Garnet Avenue, shops, restaurants, nightlife, and public transit. This Pacific Beach, prime location multi-unit property consists of ten 1-bedroom units with development potential to convert several units into 2-bedroom layouts (buyer to verify). Situated on a 7,876 SF R-3 zoned lot (0.18 acres), the site also offers long-term redevelopment upside. Additional features include 10 surface parking spaces, strong in-place income, and significant value-add potential through interior renovations and rent optimization. With limited inventory in the area and high tenant demand, this is a rare investment opportunity with room to grow in both cash flow and equity. See attached Memorandum in Documents.

Features

4 bedrooms

4 bathrooms

0.18 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in San Diego over the last 12 months, the estimated median property value of 901 Sapphire Street is $2.38m.

Median value

$2.38m

Estimated value range

$1.44m - $4.25m

Median days on market

Estimated value trend

23%

increase over the last 12 months

Average days on market is based on recent, comparable sales in San Diego. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 901 Sapphire Street

2025

Sold

$4,250,000

03 Jul 2025 by Mike Aon, of Realty Executives Dillon

Happy sellers in San Diego

We have insufficient information to provide an overview of customer satisfaction for San Diego. Viewing the agent profiles, reviews and sales for San Diego can provide insights for this location.