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1951 55 Hornblend St., San Diego, CA — listing photo 1
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FOR SALENew Listing

1951 55 Hornblend St.

San Diego, CA 92109
6,586 Lot Sq Ft
Built 1977
$2,295,000

Property Overview

Detached single-level 5BR/2BA house plus two townhomes, one block off Garnet Ave in Pacific Beach. Live in the front house and rent the back, or hold all three. Current rents $16,000/mo ($192,000/yr), a 5.90% cap on a buyer's basis. Tenants pay water, sewer, trash, SDG&E and internet, and reimburse the City trash fee. The front house (~1,150 sf) has a fireplace, fenced patio yard and 2-car driveway. In back, two mirror-image 2-story 2BR/1.5BA townhomes (~1,000 sf each): living room open to above, eat-in kitchen and half bath downstairs, two bedrooms upstairs over the garage, private patio and an alley parking space for each. The value-add is the ~800 sf garage, with two paths. Path A: extend both rear units into the garage to make each a 4BR/2.5BA, est. $75K. At the front house's $1,580 per bedroom, that projects a 7.60% yield on price plus cost. Path B: convert the garage into a separate 3BR ADU at an est. $5,500/mo. Both keep all four off-street spaces and are subject to City of San Diego approval. Around the corner from Better Buzz Coffee and Garnet dining; ~1/3 mi to Trader Joe's and Mission Bay; ~1.3 mi to the beach at Crystal Pier. 6,586 sf lot, zoned CO-1-2. Full OM with financials, floor plans and renderings available on request.

Home Details

Property type
Residential Income
Year built
1977
Lot size
6,586 sq ft
Days on market
3
MLS status
Active
Zoning
R3

Features & Amenities

Appliances

  • Gas Water Heater

Pool

  • None

Community, Schools & Utilities

Community

Subdivision
Pacific Beach

Utilities

Heating
Combination
Cooling
None
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Location & Neighborhood

Location data not available

Frequently Asked Questions About 1951 55 Hornblend St.

Property type: Residential Income

The current asking price is $2,295,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1951 55 Hornblend St.. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1977. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Diego, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Diego property.
The MLS currently reports the property as Active. It has been listed for 3 days. Status can change, so verify availability before relying on it.

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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Monroe Herington
MLS ID: SAND-672823

Available property

$2,295,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.