Listed by Conor Brennan - DRE #01918598 - Marcus & Millichap 818-212-2250
$4,099,000 affordable loan icon Calculate Payment

1424 Hornblend Street San Diego, CA 92109

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Mixed Use Residence
Beds
Baths
Sq. Ft.
0.14 Acre Lot

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Last updated on 11/15/2024 8:00 PM
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 Continue reading
MLS#
240011237SD
Property Type
Mixed Use
Status
Lot Size
0.14

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Listed by Conor Brennan - DRE #01918598 - Marcus & Millichap 818-212-2250
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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