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1476 80 Pescadero DriveSan Diego, CA 92107

For Sale

$6,750,000

Smart Buyer Rebate $67,500

Rare true oceanfront income property in Sunset Cliffs with sweeping ~280° sit-down ocean views, exceptional privacy, and beautifully renovated, turn-key interiors. Includes four upgraded 2BR residences plus two well-finished bonus studio units, offering excellent flexibility and income potential. Renovations from 2020–2025 include quartz counters, stainless appliances, LVP flooring, updated baths, dual-pane windows, and cohesive coastal-modern finishes. Three residences perform strongly as VRBO short-term rentals, while the remaining units are month-to-month long-term rentals with significant upside. Additional highlights: rare 4-car garage, new garage doors, new staircases, and multiple ocean-facing decks/patios. The property has been operated with a blend of successful vacation rentals and stable long-term tenants, creating a flexible income profile adaptable to a variety of ownership strategies. The vacation rental component has been managed exclusively through VRBO with strong guest demand and reviews, consistent occupancy, and repeat travelers, providing room for growth through platform expansion or rate optimization. Long-term residents remain on month-to-month status, allowing for gradual repositioning over time as desired. Several spaces offer private outdoor areas and elevated ocean exposure that contribute to premium rental appeal. Recent interior and exterior improvements support low-maintenance operation and reduce near-term capital needs, while the site’s direct oceanfront placement provides one of the most desirable view orientations in Sunset Cliffs. This combination of location, operational flexibility, and modern upgrades positions this property as a turn-key coastal investment.

Listed by Dawn Leahy

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License #01292805

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Pacific Sotheby's Int'l Realty

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619-992-4413

Last updated December 03, 2025

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Source: CRMLS #250044862SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Ocean Beach
  • Days on Prevu11

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/01/2025
Listed by Pacific Sotheby's Int'l Realty
$6,750,000

Property Details for 1476 80 Pescadero Drive

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1958

Features

  • View: Ocean, Panoramic

Measurements

  • Lot Size Acres: 0.12
  • Lot Size Area: 5,382
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,382
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.33

Taxes

  • Parcel Number: 4482420300

Interior

Features

  • Appliances: Gas Water Heater
  • Spa: Yes

Other

Location

  • Subdivision Name: Ocean Beach

Utilities

Equipment

  • Heating: Forced Air, Natural Gas, See Remarks
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1476 80 Pescadero Drive.

How does 1476 80 Pescadero Drive compare to other multi-family homes in South Ocean Beach?

This multi-family home is listed 78% above the average price for multi-family homes in South Ocean Beach and has been on the market for 8 more days than the typical home in this area.

1476 80 Pescadero Drive is a -bedroom multi-family home for sale in San Diego CA 92107. Available on Prevu for 11 days at $6,750,000. This property is located in San Diego. The median listing price for multi-family homes in this area is $3,800,000. Property amenities include parking. Explore more multi-family home listings in San Diego.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.