Property Detail

2003 Emerald Street

San Diego CA 92109

$4,000,000

Status: Active

Property Details

Description

Eight unit apartment building on a corner lot in Pacific Beach. Built in 1966 and meticulously maintained. Unit mix is six 1BD/1BA and two 2BD/1BA averaging approximately 650 square feet. One dedicated parking space per unit. Six of eight units renovated. Two units have in unit washer and dryer. Current rents approximately 11% below market. Utilities are currently billed at a low flat rate, leaving upside through SDG&E submetering or a market level RUBS program. 89 Walk Score with retail, grocery, and dining within walking distance. Pacific Beach submarket vacancy is 4.2% versus 6.1% countywide, with only 60 units under construction submarket wide and trailing twelve month rent growth near three times the San Diego average. Contact broker for offering memorandum, rent roll, and financials.

Map Location

Listing provided courtesy of Erik Anderson of Newmark of Southern California. Last updated 2026-07-31 08:35:25.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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