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1478 Hornblend StreetSan Diego, CA 92109

For Sale

$6,350,000

Smart Buyer Rebate $63,500

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 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.

Listed by John Francis Rodiles

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License #01132594

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Mogharebi - Ozen Company

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714-723-3325

Last updated October 21, 2025

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Source: CRMLS #OC25236390

Listing Facts

  • TypeMulti-family
  • NeighborhoodPacific Beach
  • Days on Prevu8

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/14/2025
Listed by Mogharebi - Ozen Company
$6,350,000

Property Details for 1478 Hornblend Street

Association

Amenities

  • Community Features: Storm Drain(s), Street Lights, Suburban, Sidewalks

Exterior

Construction

  • Number Of Units Total: 10
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1969
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 6,860
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.14
  • Lot Size Area: 0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,229
  • Lot Size Units: Acres

Financial

Residential Income

  • Cap Rate: 4.67
  • Gross Income: $422,937.00
  • Operating Expense: $126,369.00

Taxes

  • Parcel Number: 4230921000

Other

Location

  • Subdivision Name: San Diego
  • Tax Block: 219
  • Tax Lot: 22

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 9

Utilities

Equipment

  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

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.