Incredible opportunity to own a 10-unit multifamily property in the heart of Pacific Beach (92109), one of San Diego’s most sought-after coastal communities. Just blocks from the ocean, this walkable location boasts a Walk Score® of 88 and provides easy access to Garnet Avenue, shops, restaurants, nightlife, and public transit. This Pacific Beach, prime location multi-unit property consists of ten 1-bedroom units with development potential to convert several units into 2-bedroom layouts (buyer to verify). Situated on a 7,876 SF R-3 zoned lot (0.18 acres), the site also offers long-term redevelopment upside. Additional features include 10 surface parking spaces, strong in-place income, and significant value-add potential through interior renovations and rent optimization. With limited inventory in the area and high tenant demand, this is a rare investment opportunity with room to grow in both cash flow and equity. See attached Memorandum in Documents.
Sold for $4,250,000 on 07/03/25
Listing Provided by:
Mike Aon DRE #01300658 Mike@theaongroup.com,
Realty Executives Dillon
$4,250,000
901 Sapphire St, San Diego, CA 92109
10beds
10baths
6,320sqft
Multi Family
Built in 1950
-- sqft lot
$4,204,300 Zestimate®
$672/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 09:34am
Listing Provided by:
Mike Aon DRE #01300658 Mike@theaongroup.com,
Realty Executives Dillon
Bought with:
Nichole Quiroz, DRE #01955611
NewTown Real Estate
Mike Aon, DRE #01300658
Realty Executives Dillon
Source: CRMLS,MLS#: PTP2504299
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,320
- Total interior livable area: 6,320 sqft
Property
Parking
- Total spaces: 10
- Uncovered spaces: 10
Features
- Entry location: first and second
- Pool features: None
Lot
- Size: 7,840 sqft
- Dimensions: 50 feet (frontage) x 157.52 feet (depth)
Details
- Parcel number: 4152421000
- Zoning: R-3:RESTRICTED MULTIPLE
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1950
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Location
- Region: San Diego
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Services availability
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Estimated market value
$4,204,300