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This Multifamily Property is no longer advertised on LoopNet.com.
1424-1430 Hornblend St
San Diego, CA 92109
Multifamily Property For Sale
·
8 Units

Investment Highlights
- 8 Units In Irreplaceable Pacific Beach Location 7 Blocks To Beach
- Latest Three Units Have Been Partially To Fully Renovated With Last Two Rents Achieving $4,200 Leases
- Substantial Rent Increases Possible With Proven Renovation Model; 6.54% Proforma Cap Rate
- Approved ADU Plans For Six Additional 318 SF Studio ADUs | ADU Geeks | Ask Agent
- Substantial Rent Increases Possible With Proven Renovation Model; 6.54% Proforma Cap Rate
- Brand New Vinyl Plank Flooring, Windows, Kitchen & Bath Upgrades To Three Units
Property Facts
| No. Units | 8 | Building Size | 5,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | R3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Stainless Steel Appliances
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,461 | 625 |
| 2+1 | 4 | $3,554 | 825 |
Property Taxes
| Parcel Number | 423-092-15 | Improvements Assessment | $884,340 |
| Land Assessment | $3,121,200 | Total Assessment | $4,005,540 |
Property Taxes
Parcel Number
423-092-15
Land Assessment
$3,121,200
Improvements Assessment
$884,340
Total Assessment
$4,005,540
Listing ID: 31865977
Date on Market: 5/20/2024
Last Updated:
Address: 1424-1430 Hornblend St, San Diego, CA 92109
The Pacific Beach Multifamily Property at 1424-1430 Hornblend St, San Diego, CA 92109 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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