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Listed by Colliers International SD, Inc, Aaron Bove, Listing Contact: 858-945-7094 
7 Beds
7 Baths
3,700 sqft

$2,500,000

1228 Grand, San Diego CA, 92109

Price per sqft$675.68
Built in1952
Property size3,700 sqft
Property typeMulti-family

Overview

Active

Listed Sep 1, 2026

Updated 4 weeks ago

Four-unit investment opportunity in the heart of Pacific Beach with existing income and additional development potential. The property features a desirable mix of one- and two-bedroom residences, including two spacious two-bedroom/one-and-one-half-bath units, one two-bedroom/two-bath unit, and one one-bedroom/one-bath unit. Plans have been prepared for three additional ADUs, offering an opportunity to expand the property to seven total units, subject to City review and approval. Conveniently located near the beach, Mission Bay, restaurants, shopping, entertainment, public transportation, and major employment centers. An opportunity to acquire an income-producing coastal asset with multiple paths for future value creation. Buyer to independently verify leases, rents, deposits, square footage, zoning, ADU feasibility, plan status, permitting requirements, and all property information with the appropriate professionals and governmental agencies.

$16,633/mo

Est. mortgage payment based on a $2,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260021407

Interior Features

Bedrooms
7
Bathrooms
7
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

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Data last updated 5:39 AM UTC, 9/3/2026

   

 

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