1951 55 Hornblend St. | Image 1
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1951 55 Hornblend St. | Image 2
1951 55 Hornblend St. | Image 3
1951 55 Hornblend St. | Image 4
1951 55 Hornblend St. | Image 5
1951 55 Hornblend St. | Image 6
1951 55 Hornblend St. | Image 7

$2,295,000

For Sale

3 days ago

MLS® 260024308SD

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1977
MLS® Number 260024308SD

Property Address: 1951 55 Hornblend St., San Diego, CA, 92109

Average square foot calculated using Size range provided by listing agent.

Description

Detached single-level 5BR/2BA house plus two townhomes, one block off Garnet Ave in Pacific Beach. Live in the front house and rent the back, or hold all three. Current rents $16, 000/mo ($192, 000/yr), a 5.90% cap on a buyer's basis. Tenants pay water, sewer, trash, SDG&E and internet, and reimburse the City trash fee. The front house (~1, 150 sf) has a fireplace, fenced patio yard and 2-car driveway. In back, two mirror-image 2-story 2BR/1.5BA townhomes (~1, 000 sf each): living room open to above, eat-in kitchen and half bath downstairs, two bedrooms upstairs over the garage, private patio and an alley parking space for each. The value-add is the ~800 sf garage, with two paths. Path A: extend both rear units into the garage to make each a 4BR/2.5BA, est. $75K. At the front house's $1, 580 per bedroom, that projects a 7.60% yield on price plus cost. Path B: convert the garage into a separate 3BR ADU at an est. $5, 500/mo. Both keep all four off-street spaces and are subject to City of San Diego approval. Around the corner from Better Buzz Coffee and Garnet dining; ~1/3 mi to Trader Joe's and Mission Bay; ~1.3 mi to the beach at Crystal Pier. 6, 586 sf lot, zoned CO-1-2. Full OM with financials, floor plans and renderings available on request.
MLS® Number260024308SD
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1977
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCombination
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 6, 2026List Date
$2,295,000List Price
  • Commute

Commute

Starting Address
Destination Address
1951 55 Hornblend St., San Diego, CA

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