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The Pacific Beach Van Nuys Units 1243-1245 Van Nuys St 4 Unit Apartment Building $4,000,000 ($1,000,000/Unit) 3.69% Cap Rate San Diego, CA 92109
Investment Highlights
- 2025 New Construction
- Scenic Views
- Competitive Pacific Beach Investment Positioning
- 2 Residences and 2 Adu's
- Existing Rental Income
- 6 Parking Spaces
Executive Summary
1243 - 1245 Van Nuys Street is part of The Van Nuys Project in Pacific Beach, California, San Diego California. This property itself is comprised of 4 occupied units each with parking. This property can be purchased separately for $4,000,000, or with 1251 - 1253 Van Nuys Street, Pacific Beach California, which is adjacent to the subject site, also shown in the marketing pictures, listed for $5,000,000. The total compound is available for $9,000,000.
The videos of the property below is part of the 1251-1253 Van Nuys St. listing. See additional media at https://media.snaprealphoto.com/sites/ezqwvbay/unbranded
The subject 4 units are fully rented and professionally managed. All offers are subject to interior inspection. There is a stunning backyard and view of the water.
The videos of the property below is part of the 1251-1253 Van Nuys St. listing. See additional media at https://media.snaprealphoto.com/sites/ezqwvbay/unbranded
The subject 4 units are fully rented and professionally managed. All offers are subject to interior inspection. There is a stunning backyard and view of the water.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $1,000,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.68 AC |
| Cap Rate | 3.69% | Building Size | 3,500 SF |
| Gross Rent Multiplier | 19.68 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 1.71/1,000 SF |
| Zoning | RS-1-7 - Residential | ||
| Price | $4,000,000 |
| Price Per Unit | $1,000,000 |
| Sale Type | Investment |
| Cap Rate | 3.69% |
| Gross Rent Multiplier | 19.68 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.68 AC |
| Building Size | 3,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | RS-1-7 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $3,125 | 600 - 700 |
| 2+2 | 2 | $5,345 | 1,100 |
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Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 415-132-25 | Total Assessment | $927,795 |
| Land Assessment | $19,995 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $907,800 | Tax Year | 2026 |
Property Taxes
Parcel Number
415-132-25
Land Assessment
$19,995
Improvements Assessment
$907,800
Total Assessment
$927,795
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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