The Hornblend Apartment Homes, an 8 unit rental community centrally located in Pacific Beach, CA. Situated on a 6,240-square-foot lot, the property features four spacious 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and one 2-bedroom/2-bath unit. Residents enjoy a peaceful, well-kept courtyard, four on-site tandem parking spaces, four single car garages, and a convenient on-site laundry facility with leased equipment. Four of the units have been extensively remodeled and are rented at top market rents while the other four units have long terms tenant and can benefit for remodeling and renting at higher market rents. Additionally, the four single car garages in the rear have ADU potential to further increase rental income. With its prime location just minutes from the beach, vibrant dining, shopping, and outdoor recreation, The Hornblend Apartment Homes offer an attractive lifestyle for tenants seeking a balance of coastal living and urban convenience. The property has been well maintained over the years, yet a strategic value-add opportunity exists to modernize the interiors and further enhance rental income.
Property Details
Price:
$3,995,000
MLS #:
250022812SD
Status:
Active
Baths:
0
Address:
1532 Hornblend Street
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92109pacificbeach
City:
San Diego
Listed Date:
Mar 28, 2025
State:
CA
ZIP:
92109
Schools
Interior
Exterior
Parking Spots
12.00
Financial
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1532 Hornblend Street
San Diego, CA
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