1065 - 1071 Grand Ave

This is a 4-unit property 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. 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. The front unit is currently an STVR (unit pictured) and the 3 others are long term tenants. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<