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$4,250,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 901 Sapphire St

General

  • Sold For: $4,250,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PTP2504299
  • Added to Site: 236 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area, Community

Additional Information

  • Pool Description: None

Location

  • Area: 92109 - Pacific Beach
  • County: San Diego
  • Development Name: 92109 - Pacific Beach
  • Driving Directions: GPS

Utilities

  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 10

Structural Information

  • Entry Location: first and second
  • Square Feet: 6,320
  • Year Built: 1950

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size Source: Appraiser
  • Lot Dimensions: 50 feet (frontage) x 157.52 feet (depth)
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Lot Description: Lot 6500-9999

Financial Considerations

  • Price Per Sq. Ft.: $672.47
  • Price Per Unit: 400000

Listed by Realty Executives Dillon, Mike Aon
Sold by NewTown Real Estate, Nichole Quiroz and Realty Executives Dillon, Mike Aon

Listing agent

— 901 Sapphire St —

  • Mike Aon

    Realty Executives Dillon

Mike@theaongroup.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 901 Sapphire St

School District:San Diego City Unified School District
NameGradesDistance
Pacific Beach Elementary School
1234 Tourmaline Street, San Diego, CA 92109
K-50.4 mi
Pacific Beach Middle School
4676 Ingraham Street, San Diego, CA 92109
6-81 mi
Mission Bay High School
2475 Grand Avenue, San Diego, CA 92109
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 901 Sapphire St

Date
Details
Price
Change
Source
7/03/2025
Sold
$4,250,000
6.25%
MLS
6/10/2025
Listed
$4,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Realty Executives Dillon, Mike Aon
Sold by NewTown Real Estate, Nichole Quiroz and Realty Executives Dillon, Mike Aon

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901 Sapphire Street, San Diego, CA 92109 (MLS# PTP2504299) is a Multi-Family property that was sold at $4,250,000 on July 03, 2025. Want to learn more about 901 Sapphire Street? Do you have questions about finding other Multi-Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.