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Executive Summary

This unique mixed-use property along Garnet Avenue in San Diego’s Pacific Beach neighborhood presents an exceptional investment opportunity. The asset comprises approximately 3,019 square feet across two stories on a 0.14-acre parcel, prominently positioned along one of the area’s busiest retail and dining corridors. The ground floor features an established restaurant tenant under a NNN lease scheduled through December 31, 2026, providing steady income and reduced landlord responsibilities. The second-story residential unit, currently vacant and previously utilized as a short-term rental, offers flexible income potential through either continued hospitality use or market-rate housing.
Situated just blocks from the Pacific Ocean, this property benefits from excellent visibility and consistent foot and vehicle traffic, reinforced by a dense local population and regional draw of Pacific Beach as a lifestyle destination. With CC-4-2 zoning, the property supports a variety of future mixed-use or redevelopment possibilities. Surrounding businesses include national brands, local restaurants, and essential services, making this a well-located asset with long-term upside for investors focused on stable income and coastal market appreciation.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,019 SF
Building Class
C
Year Built
1980
Price
$2,500,000
Price Per SF
$828.09
Tenancy
Single
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.14 AC
Zoning
C, Pacific Beach
Parking
6 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
50’ on Garnet Ave
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

Club Pilates
F45 Training, Inc.
Grocery Outlet
Chase Bank
The Habit Burger Grill
Oakberry
Flame Broiler
The Hummus & Pita Co.
Buffalo Wild Wings
IHOP

Property Taxes

Property Taxes

Parcel Number
415-623-13
Land Assessment
$307,388
Improvements Assessment
$576,358
Total Assessment
$883,746
  • Listing ID: 40708472

  • Date on Market: 5/29/2026

  • Last Updated:

  • Address: 1130 Garnet Ave, San Diego, CA 92109

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