1476 80 Pescadero Drive new

San Diego,CA 92107

$ 7000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 250026011SD

Year Built 1958

Lot Size 5,384 Sqft

Property Description

Oceanfront income property in Sunset Cliffs with sweeping views, a rare 4-car garage, and beautifully renovated rental units—offering an exceptional blend of location, flexibility, and lifestyle. Renovations were completed as recently as January 2025, and the entire property has been thoughtfully upgraded between 2020–2025 with new kitchens, baths, windows, and high-end finishes throughout. The front ocean-facing units enjoy private outdoor areas and unobstructed coastal views—one short-term rental was booked 317 nights over the past year. Two rear studios (bonus) are currently operated as long-term rentals. 2024 gross rental income totaled $445K with operating expenses of just $62K. Located just steps from Sunset Cliffs Natural Park, the beach, and neighborhood cafes. A rare opportunity to own a fully renovated oceanfront income property with strong financials and irreplaceable coastal frontage.

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Building/Complex Name Pescadero Drive

Zoning R-4

Interior

Heating Forced Air,Natural Gas,See Remarks

Cooling None

Exterior

Pool None

View Y/N Yes

View Ocean,Panoramic

Building

Story 2

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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