About 1228 Grand
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.
Features of 1228 Grand
| MLS® # | 260021407SD |
|---|---|
| Price | $2,500,000 |
| Bedrooms | 7 |
| Bathrooms | 7.00 |
| Acres | 0.14 |
| Year Built | 1952 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 1228 Grand |
|---|---|
| Area | 92109 - Pacific Beach |
| Subdivision | Pacific Beach |
| City | San Diego |
| County | San Diego |
| Zip Code | 92109 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | September 1st, 2026 |
|---|---|
| Days on Market | 13 |
| Zoning | R-3:RESTRI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Aaron Bove |
|---|---|
| Office | Colliers International SD, Inc |