1424 Hornblend Street, Pacific Beach CA, 92109

Active

1424 Hornblend Street

Pacific Beach CA, 92109

$4,099,000

$706.72 per sqft

Active

3 Beds

5,800 sqft

Commercial

We are pleased to present 1424-30 Hornblend St within a desirable pocket of Pacific Beach in San Diego, CA. This Huffman building rests on a 6,237-square-foot lot and has approximately 5,800 square feet of rentable space. 1424-30 Hornblend is comprised of Four 2 Bedroom / 1 Bathroom & Four 1 Bedroom / 1 Bathroom units with 9 off-street parking spaces. 3 of the units have been partially to fully renovated (1424.5, 1428, 1430) and receive market rents while the rest are well under market showing a proven renovation model. ADU Geeks have recently provided plans for six small 318 SF studio ADUs to be built at the rear of the building which would be perfect for the value-add investor. This property offers investors the unique opportunity to acquire a value-add property in the heart of Pacific Beach near restaurants, shops, and stores. Located only seven blocks from Mission Bay and Mission Beach tenants get to enjoy water sports year-round. Pacific Beach is known by locals as PB and attracts the most desirable demographic of tenants. Increasing market demand continues to raise rent income and maintain low vacancy rates in the PB neighborhood

240011237

MLSⓇ ID

May 20, 2024

Listed

August 23, 2024

Updated

Map

1424 Hornblend Street
Pacific Beach CA, 92109

Interior Features

Total Stories: 2
Bedrooms: 3
Appliances: Dishwasher, Range, Refrigerator, Disposal
Laundry Description: Owned
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.13 Acres
Roof: Composition

Other Property Details

Area Name: Coastal South
Garage: No
Parking: Spaces
Parking Total: 9
View: No
County: San Diego
Pool: No

Listed by Marcus & Millichap, Conor M Brennan,
Listing Contact: 720-841-8139

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Data last updated 8:04 AM UTC, 8/23/2024