1476-80 Pescadero Drive

Unobstructed true oceanfront multifamily asset located in San Diego’s highly coveted Sunset Cliffs corridor. This turn-key coastal property features a blend of upgraded primary rental residences and additional well-finished studio spaces, offering multiple operational strategies and strong revenue diversity (buyer to verify use). Three residences currently operate as high-performing short-term rentals through VRBO, with recent expansion to Airbnb driving increased booking activity and additional optimization potential. The remaining rental spaces are month-to-month, providing immediate upside through repositioning or optimization.

Recent renovations completed between 2020–2025—including modern interior upgrades, updated kitchens and baths, dual-pane windows, LVP flooring, and improved exterior elements such as new garage doors and staircases—support efficient ownership and a turn-key operating profile. The property’s commanding ~280° oceanfront view orientation enhances rental demand and long-term asset value, while a four-car garage provides rare onsite parking in a coastal zone with limited availability.

With its combination of strong actual cash flow, flexible rental configuration, extensive recent improvements, and irreplaceable oceanfront frontage, this asset represents a high-quality investment opportunity in one of Southern California’s most supply-constrained and desirable multifamily submarkets.