1476-1480 Pescadero Dr, Ocean Beach (OB), CA 92107

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$5,950,000
Status
ACTIVE
MLS#
260025597
Bedrooms
8
Bathrooms
4
Lot Size(apprx.)
5,382
Complex/Building Name
Pescadero Drive
Property Type
Multifamily
Year Built
1958

Property Description

True oceanfront in Sunset Cliffs with extraordinary 280-degree Pacific Ocean views stretching north to La Jolla and south along the coastline, capturing spectacular sunsets year-round. Four beautifully renovated two-bedroom residences plus two spacious bonus studios with lofts, all enjoying ocean views. Every space has been fully renovated with quality finishes throughout, including updated kitchens and baths, quartz countertops, stainless appliances, LVP flooring, and dual-pane windows. This meticulously maintained property offers a strong, growing rental history, with three established short-term vacation rentals conveyed fully furnished and additional long-term rental income. Multiple ocean-facing decks and patios make the most of the views, while the rare four-car garage provides valuable parking and storage. Easy access to Sunset Cliffs, along with convenient proximity to Point Loma, downtown San Diego, the airport, and major transportation routes, adds to the appeal for residents and vacation guests alike. Personally managed by the owner, with potential for increased revenue through more active management and pricing strategies. The shoreline protection system received a favorable engineering assessment in 2026, with an outlook for decades of continued protection with routine monitoring and maintenance. Full report available for review. An exceptional combination of oceanfront location, turnkey condition, established income, and long-term investment potential along San Diego's coastline.

Additional Information

Building Name
Pescadero Drive
Cooling
None
Frontage
Oceanfront, Oceanfront
Lot Size
5,382
Neighborhood
Sunset Cliffs
Roof
Other
School District
San Diego Unified School Distric
Tenant Pays
Other/Remarks
View
Ocean, Ocean
Year Built
1958

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dawn Leahy (619-992-4413) from Listing Office: Pacific Sotheby's Int'l Realty.

board logo

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,