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Property Description
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
Full Property Details for 901 Sapphire St
General
- Status: Closed
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: PTP2504354
- Added to Site: 236 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Common Area, Community
Parking
- Uncovered Spaces: 10
Location
- County: San Diego
- Driving Directions: GPS
Utilities
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 6320
- Square Feet: 6,320
- Year Built: 1950
- Year Built Source: Assessor
Lot Features
- Lot Size Source: Appraiser
- Lot Dimensions: 50 feet (frontage) x 157.2 feet (depth)
- Fence: Yes
- Lot Features: Level with Street, Lot 6500-9999, Level
- Lot Description: Level with Street, Lot 6500-9999, Level
Financial Considerations
- Price Per Sq. Ft.: $672
- Expenses: $88,651
- Operating Expenses: $88,651
Disclosures and Reports
- Property ID: 4152421000
Listed by Realty Executives Dillon, MikeAon
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Schools
Schools serving 901 Sapphire St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Pacific Beach Elementary School 1234 Tourmaline Street, San Diego, CA 92109 | K-5 | 0.4 mi |
Pacific Beach Middle School 4676 Ingraham Street, San Diego, CA 92109 | 6-8 | 1 mi |
Mission Bay High School 2475 Grand Avenue, San Diego, CA 92109 | 9-12 | 2 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
6/11/2025
Sold
$4,000,000
—
MLS
5/27/2025
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.
901 Sapphire Street, San Diego, CA 92109 (MLS# PTP2504354) is a Commercial Multi-Family property that was sold on June 11, 2025. Want to learn more about 901 Sapphire Street? Do you have questions about finding other Commercial 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.

