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Berkshire Hathaway California Properties

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1476-1480 Pescadero Drive
Coastal South San Diego 92107

$5,950,000
Residential Income beds: 8 baths: 4.0 0 sq. ft. built: 1958

Main Photo: Residential Income for sale : 8 bedrooms : 1476-1480 Pescadero Drive in San Diego
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260025597
Bedrooms:
8
Bathrooms:
4
Year Built:
1958
True oceanfront in Sunset Cliffs with extraordinary 280-degree Pacific Ocean views stretching north to La Jolla and south along the coastline, capturing spectacular sunsets year-round. Four beautifully renovated two-bedroom residences plus two spacious bonus studios with lofts, all enjoying ocean views. Every space has been fully renovated with quality finishes throughout, including updated kitchens and baths, quartz countertops, stainless appliances, LVP flooring, and dual-pane windows. This meticulously maintained property offers a strong, growing rental history, with three established short-term vacation rentals conveyed fully furnished and additional long-term rental income. Multiple ocean-facing decks and patios make the most of the views, while the rare four-car garage provides valuable parking and storage. Easy access to Sunset Cliffs, along with convenient proximity to Point Loma, downtown San Diego, the airport, and major transportation routes, adds to the appeal for residents and vacation guests alike. Personally managed by the owner, with potential for increased revenue through more active management and pricing strategies. The shoreline protection system received a favorable engineering assessment in 2026, with an outlook for decades of continued protection with routine monitoring and maintenance. Full report available for review. An exceptional combination of oceanfront location, turnkey condition, established income, and long-term investment potential along San Diego's coastline.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
Sunset Cliffs
Name of Complex/Subdivision:
OCEAN BEACH
Building Name:
Pescadero Drive
Total Building Area:
3,700 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
8
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
Other/Remarks
Year Built:
1958
Age (in years):
68 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Conventional, Other/Remarks, Seller May Carry
Cap Rate.:
7.03
Gross scheduled income:
500000.0
Other income actual:
0
Operating expense:
81977.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
Other/Remarks
Unit Number for Unit 1:
1476
Unit Number for Unit 2:
1478
Unit Number for Unit 3:
1478.5
Unit Number for Unit 4:
1476.5
Projected Rent for Unit 1:
$147,000
Projected Rent for Unit 2:
$157,500
Projected Rent for Unit 3:
$119,700
Projected Rent for Unit 4:
$54,000
Sunset Cliffs Boulevard to Pescadero Avenue to Pescadero Drive.
Elementary School District:
San Diego Unified School Distric
Junior High School District:
San Diego Unified School Distric
High School District:
San Diego Unified School Distric
Site Influences:
Corner Lot, Public Street, Street Paved, West of I-5
View:
Evening Lights, Ocean, Panoramic, Panoramic Ocean
Complex Features:
BBQ, Beach Rights, Laundry Facilities, Other/Remarks
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Exposure Front:
Ocean/Bluff, Ocean/Sand
Construction Material:
Stucco, Vinyl
Lot Size:
5,227 sq. ft.
Parcel Number:
448-242-03-00
Heating:
Forced Air Unit, Other/Remarks, Wall/Gravity
Heating fuel:
Natural Gas
Cooling:
N/K
Utilities:
Sewer Connected
Pool Features:
N/K
Spa Features:
N/K
Roof:
Other/Remarks
Security:
Eqpt Owned, Other/Remarks
Telecommunications:
Cable (coaxial), Wired High Speed Internet
Water supply:
Meter on Property
Irrigation:
N/K
Zoning:
R-4
Fencing:
Full, Gate
Possession Details:
Call Listing Agent
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Listed by Pacific Sotheby's Int'l Realty
Data was last updated October 31, 2026 at 05:10 PM (UTC)
Area Statistics
Listings on market:
81
Avg list price:
$3,025,000
Min list price:
$1,069,000
Max list price:
$10,395,000
Avg days on market:
64
Min days on market:
1
Max days on market:
499
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations. This data is not produced by the MLS® system.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.