
San Diego, California 92109
This Hybrid Residential Asset is a High-Potential Investment Opportunity, listed at $3,795,000—positioned above the $3,339,432 Fair Market Value. While priced for its premium income-generating capacity, the property features a Mint Condition Rating with a fully renovated 5-bedroom main residence and four brand-new 2025 ADUs. With $10,000 in monthly rental income and a private outdoor hot tub, this turnkey property offers immediate cash flow. Located near top-rated schools like Bird Rock Elementary, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury coastal lifestyle with supplemental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1953 Emerald St Subject 5 bd · 4 ba · 2,556 sqft · $1,307 | $3,795,000* List Price | 5 | 4 | 2,556 | $1,307 | - |
A 1897 Malden St Sold 4 bd · 3 ba · 2,526 sqft · $1,146 · 0.5 mi | $2,895,000 | 4 | 3 | 2,526 | $1,146 | 0.5 mi |
B 2481 La Marque St Sold 4 bd · 3 ba · 2,895 sqft · $1,226 · 0.7 mi | $3,549,000 | 4 | 3 | 2,895 | $1,226 | 0.7 mi |
C 1621 Collingwood Dr. Sold 4 bd · 4 ba · 3,042 sqft · $1,340 · 0.5 mi | $4,075,000 | 4 | 4 | 3,042 | $1,340 | 0.5 mi |
D 1920 Beryl St Active 5 bd · 4 ba · 3,054 sqft · $1,228 · 0.4 mi | $3,750,000 List Price | 5 | 4 | 3,054 | $1,228 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a main residence that has undergone a comprehensive, high-end modern renovation and four brand-new ADUs completed in 2025. Kitchens and bathrooms show contemporary finishes, designer tiling, and new stainless steel appliances, while the systems (including separate electric meters for ADUs) are new or recently upgraded, meeting the criteria for mint condition.
Elementary School: Bird Rock Elementary School (10/10).
The property features four brand-new 2025 ADUs generating $10,000 in monthly revenue, complemented by a main residence with a proven Airbnb track record.
Situated just blocks from the sand in Pacific Beach, the residence offers an ideal walkscore with immediate access to the beach, dining, and local entertainment.
With five total units on a 6,300 sq. ft. lot, the property has a high density that may limit private outdoor space and create a crowded feel for the main residence.
Each of the four ADUs is approximately 328 sq. ft., which is quite small and may result in higher tenant turnover compared to larger one-bedroom units.
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 | 3.2 |
| Baths | 4.0 | 2.2 |
| Square foot | 2,556 | 1,752.269 |
| Lot Size | 6,300 | 6,446.159 |
| Price | $3.79M | $1.27M |
| Price per sq ft | $1.5K | $736 |
| Built year | 1952 | 1971 |
| HOA | $0 | $186 |
| Days on market | 36 | 41 |
Sep 19, 2026
$3,795,000
Initial Listing
Sep 27, 2021
$1,400,000
Public Record