1057-1063 Grand Ave

4-units with 4 garages in PB and only 3.5 blocks to the ocean! All units consist of 2 bedroom, 1 bath, 825 sqft with private patios. All are residential units totaling 3,300 sqft on a 6,245 sqft lot. Seller is selling property nextdoor with same configuration (MLS 260013547). Current rents are extremely low. CAP can be 4.5% at $3,500 a month rent w/ no updating. Also, may be potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. Two units are currently STVRs (one unit pictured), one vacant, one long term. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<