$2,500,000

For Sale

1228 Grand Ave, San Diego, CA 92109

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Property Highlights

Residential Income

Property Type

N/A

Sub Type

1952

Year Built

20

Days On Properkey

0.14

Lot (acres)

260021407SD

MLS #

CRMLS

MLS Source

Description

Four-unit investment opportunity in the heart of Pacific Beach with existing income and additional development potential. The property features a desirable mix of one- and two-bedroom residences, including two spacious two-bedroom/one-and-one-half-bath units, one two-bedroom/two-bath unit, and one one-bedroom/one-bath unit. Plans have been prepared for three additional ADUs, offering an opportunity to expand the property to seven total units, subject to City review and approval. Conveniently located near the beach, Mission Bay, restaurants, shopping, entertainment, public transportation, and major employment centers. An opportunity to acquire an income-producing coastal asset with multiple paths for future value creation. Buyer to independently verify leases, rents, deposits, square footage, zoning, ADU feasibility, plan status, permitting requirements, and all property information with the appropriate professionals and governmental agencies.

Listed by Aaron Bove • DRE #01318320 • Colliers International SD, Inc

MLS #: 260021407SD •
Source: CRMLS

Interior & Comfort

Cooling
Central Air

Nearby

Active Pending Closed Rental

School information not available for this property.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-21 13:59:04 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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