43
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$5,950,000
Est. payment /mo
5,384 Sqft Lot
New
1476 1480 Pescadero Drive San Diego, CA 92107
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 260025597SD
HOA Y/N No
Year Built 1958
Lot Size 5,384 Sqft
Property Description
True oceanfront in Sunset Cliffs with extraordinary 280-degree Pacific Ocean views stretching north to La Jolla and south along the coastline, capturing spectacular sunsets year-round. Four beautifully renovated two-bedroom residences plus two spacious bonus studios with lofts, all enjoying ocean views. Every space has been fully renovated with quality finishes throughout, including updated kitchens and baths, quartz countertops, stainless appliances, LVP flooring, and dual-pane windows. This meticulously maintained property offers a strong, growing rental history, with three established short-term vacation rentals conveyed fully furnished and additional long-term rental income. Multiple ocean-facing decks and patios make the most of the views, while the rare four-car garage provides valuable parking and storage. Easy access to Sunset Cliffs, along with convenient proximity to Point Loma, downtown San Diego, the airport, and major transportation routes, adds to the appeal for residents and vacation guests alike. Personally managed by the owner, with potential for increased revenue through more active management and pricing strategies. The shoreline protection system received a favorable engineering assessment in 2026, with an outlook for decades of continued protection with routine monitoring and maintenance. Full report available for review. An exceptional combination of oceanfront location, turnkey condition, established income, and long-term investment potential along San Diego's coastline.
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Building/Complex Name Pescadero Drive
Zoning R-4
Interior
Heating Forced Air, Natural Gas, See Remarks
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
View Y/N Yes
View Ocean, Panoramic
Private Pool No
Building
Story Multi/Split
Entry Level Multi/Split
Level or Stories Multi/Split
Others
Senior Community No
Tax ID 4482420300
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Dawn Leahy Pacific Sotheby's Int'l Realty #01292805
NEARBY SCHOOL & BUSINESS
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