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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$5,950,000

Est. payment - /mo

8 Beds

4 Baths

5,382 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 260025597

Bedrooms 8

Full Baths 4

Year Built 1958

Lot Size 5,382 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

True oceanfront in Sunset Cliffs with extraordinary 280-degree Pacific Ocean views stretching north to La Jolla and south along the coastline, capturing spectacular sunsets year-round. Four beautifully renovated two-bedroom residences plus two spacious bonus studios with lofts, all enjoying ocean views. Every space has been fully renovated with quality finishes throughout, including updated kitchens and baths, quartz countertops, stainless appliances, LVP flooring, and dual-pane windows. This meticulously maintained property offers a strong, growing rental history, with three established short-term vacation rentals conveyed fully furnished and additional long-term rental income. Multiple ocean-facing decks and patios make the most of the views, while the rare four-car garage provides valuable parking and storage. Easy access to Sunset Cliffs, along with convenient proximity to Point Loma, downtown San Diego, the airport, and major transportation routes, adds to the appeal for residents and vacation guests alike. Personally managed by the owner, with potential for increased revenue through more active management and pricing strategies. The shoreline protection system received a favorable engineering assessment in 2026, with an outlook for decades of continued protection with routine monitoring and maintenance. Full report available for review. An exceptional combination of oceanfront location, turnkey condition, established income, and long-term investment potential along San Diego's coastline.

Location

State CA

County San Diego

Community Bbq, Beach Rights, Laundry Facilities, Other/Remarks

Area Coastal South

Zoning R-4

Direction Sunset Cliffs Boulevard to Pescadero Avenue to Pescadero Drive.

Interior

Heating Forced Air Unit, Other/Remarks, Wall/Gravity

Fireplace No

Exterior

Fence Full, Gate

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

View Evening Lights, Ocean, Panoramic, Panoramic Ocean

Roof Type Other/Remarks

Building

Water Meter on Property

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 448-242-03-00

Acceptable Financing Conventional, Other/Remarks, Seller May Carry

Listing Terms Conventional, Other/Remarks, Seller May Carry

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Listed by Dawn Leahy, DRE#01292805 Pacific Sotheby's Int'l Realty

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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1476-1480 Pescadero Drive San Diego, CA 92107