1953 Emerald St, San Diego, California 92109, San Diego, 92109 - 5 bed, 4 bath
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San Diego, California 92109
This Turnkey Multi-Unit Asset is a High-Potential Investment Opportunity, listed at $3,995,000—positioned above the $3,370,027 Fair Market Value. While priced for its immediate cash flow, the property features a Mint Condition Rating with a fully upgraded 5-bedroom main residence and four 2025-built ADUs. With $10,000 in monthly rental income and a private outdoor hot tub, this property offers a rare blend of coastal lifestyle and reliable revenue. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield Pacific Beach residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1953 Emerald St Subject | $3,995,000* List Price | 5 | 4 | 2,556 | $1,318 | - |
A 1897 Malden St Sold | $2,895,000 | 4 | 3 | 2,526 | $1,146 | 0.5 mi |
B 1621 Collingwood Dr. Sold | $4,075,000 | 4 | 4 | 3,042 | $1,340 | 0.5 mi |
C 2481 La Marque St Sold | $3,549,000 | 4 | 3 | 2,895 | $1,226 | 0.7 mi |
D 1920 Beryl St Active | $3,950,000 List Price | 5 | 4 | 3,297 | $1,198 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensively renovated main house with high-end modern kitchen and bathrooms, alongside four brand-new ADUs built in 2025. All units are in mint, turnkey condition with updated electrical systems and contemporary finishes throughout.
Elementary School: Bird Rock Elementary School (10/10).
The property features four brand-new ADUs generating $10,000 in monthly revenue, plus a turnkey Airbnb main residence, offering exceptional cash flow potential for investors.
Situated just blocks from the ocean in Pacific Beach, the residence provides premier access to the beach, local dining, and shopping, ensuring high demand and long-term appreciation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The four ADUs are relatively small at approximately 328 sq. ft. each, which may limit the tenant demographic and long-term stay appeal compared to larger units.
Adding four rental units to a single lot in the high-traffic Pacific Beach area likely creates significant parking and congestion issues for both the main house and tenants.
Exceptional Pacific Beach residence and/or investment opportunity just blocks from the sand! This unique property features a beautifully upgraded 5-bedroom, 3-bath main residence plus four newly built (2025) 1-bedroom, 1-bath ADUs, offering the perfect blend of coastal living and strong rental income. The main home is fully of upgrades, an open-concept floor plan, a lower-level game room, and a private outdoor hot tub—ideal for entertaining or relaxing after a day at the beach. Currently operating as a successful Airbnb, the home can be sold fully furnished, creating a true turnkey opportunity. Situated behind the main residence is a separate building with four modern ADUs, each offering approximately 328 sq. ft and on their own electric meters. Built in 2025, each unit is currently rented for $2,500 per month, providing immediate and reliable cash flow. Enjoy easy access to the beach, restaurants, shopping, and everything Pacific Beach has to offer. Exceptional Pacific Beach residence and/or investment opportunity just blocks from the sand! This unique property features a beautifully upgraded 5-bedroom, 3-bath main residence plus four newly built (2025) 1-bedroom, 1-bath ADUs, offering the perfect blend of coastal living and strong rental income. The main home is fully of upgrades, an open-concept floor plan, a lower-level game room, and a private outdoor hot tub—ideal for entertaining or relaxing after a day at the beach. Currently operating as a successful Airbnb, the home can be sold fully furnished, creating a true turnkey opportunity. Situated behind the main residence is a separate building with four modern ADUs, each offering approximately 328 sq. ft and on their own electric meters. Built in 2025, each unit is currently rented for $2,500 per month, providing immediate and reliable cash flow. Enjoy easy access to the beach, restaurants, shopping, and everything Pacific Beach has to offer.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,556 | 1,777 |
| Lot Size | 6,300 | 6,600 |
| Price | $4.00M | $1.24M |
| Price per sq ft | $1.6K | $743 |
| Built year | 1952 | 1972 |
| HOA | $0 | $200 |
| Days on market | 15 | 39 |
Jul 8, 2026
$3,995,000
Initial Listing
Sep 27, 2021
$1,400,000
Public Record