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27411783
27411784

1478 Hornblend Street, San Diego, CA 92109 For Sale

JR
CA 01132594
The Mogharebi Group
JP
CA 02154099
GT
CA 02191121
Listed by The Mogharebi Group
$5,500,000
283 days on market
Updated 44 days ago

1478 Hornblend Street

Details
APN 4230921000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,860
Units 10
Cap Rate 5.26%
Broker Co-Op Yes
Year Built 1969
Year Renovated 2024
Buildings 1
Stories 2
Acreage 0.143
Zoning RM-2-5
Parking Spaces 9 spaces
Parking per 1,000 SqFt 1.31
Ground Lease No

Prime Pacific Beach Location | 10 Units in San Diego, CA

Marketing description

The Surf House is a trophy-quality 10-unit luxury apartment community ideally located at 1478 Hornblend Avenue in the heart of Pacific Beach, San Diego. This exceptional offering represents a rare opportunity to acquire a fully rebuilt, turnkey coastal asset in one of Southern California’s most supply-constrained and sought-after rental submarkets. Completed in June 2024, The Surf House underwent a comprehensive stripped-down-to-the-studs redevelopment under full City of San Diego permits, bringing the property to modern building code standards and ensuring long-term structural and operational durability. Major upgrades include a new 600-amp electrical system (100 amps per unit), all-new plumbing, a centralized hot water system, fire sprinklers, foundation, new roof, windows, smooth-finish stucco, custom gutters, and architectural steel staircases. Interiors of each residence feature premium designer-level finishes, such as quartz countertops, custom style cabinetry, designer tile, high-end stainless-steel appliances, luxury vinyl plank flooring, in-unit washer and dryer, and individual split HVAC systems. Every unit has been meticulously designed to complement a modern coastal lifestyle, offering private outdoor living areas—including exclusive patios or expansive roof decks—with many units capturing panoramic ocean and bay views. Centrally located just six blocks from the shoreline and steps from Garnet Avenue’s vibrant dining, retail, and entertainment corridor, The Surf House boasts a Walk Score of 96, driving strong resident demand and premium rents. With stric

Investment highlights

The Mogharebi Group is pleased to present The Surf House, a trophy-quality 10-unit luxury apartment community ideally located at 1478 Hornblend Avenue in the heart of Pacific Beach, San Diego. This exceptional offering represents a rare opportunity to acquire a fully rebuilt, turnkey coastal asset in one of Southern California’s most supply-constrained and sought-after rental submarkets. Completed in June 2024, The Surf House underwent a comprehensive stripped down-to-the-studs redevelopment under full City of San Diego permits, bringing the property to modern building code standards and ensuring long-term structural and operational durability.

Major upgrades include a new 600-amp electrical system (100 amps per unit), all-new plumbing, a centralized hot water system, fire sprinklers, foundation, new roof, windows, smooth-finish stucco, custom gutters, and architectural steel staircases. Interiors of each residence features premium designer-level finishes, such us quartz countertops, custom style cabinetry, designer tile, high-end stainless-steel appliances, luxury vinyl plank flooring, in-unit washer and dryer, and individual split HVAC systems. Every unit has been meticulously designed to complement a modern coastal lifestyle, offering private outdoor living areas—including exclusive patios or expansive roof decks—with many units capturing panoramic ocean and bay views.

Centrally located just six blocks from the shoreline and steps from Garnet Avenue’s vibrant dining, retail, and entertainment corridor, The Surf House boasts a Walk Score of 96, driving strong resident demand and premium rents. With strict coastal zoning and limited new multifamily development, The Surf House stands out as a fully modernized, code-compliant asset in a high-barrier submarket, offering investors a rare combination of stability, long-term growth potential, and irreplaceable coastal location.

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Listing Contacts

JR
CA 01132594
The Mogharebi Group
JP
CA 02154099
GT
CA 02191121
Listed by The Mogharebi Group

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Additional Information

Name
John Rodiles
License
01132594
Name
Jordan Pakzad
License
02154099
Brokerage Phone
(949) 698-3149
Name
Georgiana Tugui
License
02191121
Brokerage Phone
(949) 688-2052
Title
Associate Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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