Sold for $1,044,000

Listed by: Gecko Realty • Robert Boerner • Contact: 619-977-2262

Bought with: Marcus & Millichap

$1,044,000

1254-56 Grand Ave, San Diego, CA 92109

3beds

2baths

1,064sqft

Duplex

Built in 1950

-- sqft lot

$1,520,200 Zestimate^®

$981/sqft

$4,767 Estimated rent

Home value

$1,520,200

$1.32M - $1.75M

$4,767/mo

Zestimate^® history

Owner options

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$4,767/mo

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$4,767/mo

Rent Zestimate^®

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$6,696/mo

Est. payment

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$6,696/mo

Est. payment

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What's special

Two-car garage

Presenting a prime investment opportunity at 1254-1256 Grand Ave in Pacific Beach. This property features a two-car garage and sits on a 124-foot by 25-foot parcel, offering significant redevelopment potential. The seller is offering this property in conjunction with the adjacent and similar property at 1250-1252 Grand Ave. Located just moments from the Pacific Ocean, Mission Bay, and Crystal Pier, and adjacent to a transit corridor, this site offers opportunities to increase the unit count, subject to local zoning regulations. Investors can choose to capitalize on the redevelopment potential or continue to collect rental income in this highly desirable coastal community.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Appliances

Laundry: In Garage

Features

Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 1,064
Total interior livable area: 1,064 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Entry location: 1
Pool features: None

Lot

Size: 3,110 Square Feet
Dimensions: 124 x 25
Features: Gentle Sloping, Level, Near Public Transit

Details

Parcel number: 4261612000
Zoning: R-3:RESTRICTED MULTIPLE
Special conditions: Notice Of Default

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks

Location

Region: San Diego

Financial & listing details

Price per square foot: $981/sqft
Tax assessed value: $73,412
Annual tax amount: $1,479
Date on market: 2/11/2025
Listing terms: Cash,Conventional
Total actual rent: 2800

Price history

Date	Event	Price
3/17/2025	Sold	$1,044,000$981/sqft
Source: CRMLS #PTP2501058 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,479 +60.8%	$73,412 +2%
2024	$920 +2.4%	$71,974 +2%
2023	$899 +2.7%	$70,564 +2%
2022	$875 +0.7%	$69,182 +2%
2021	$869 +1.2%	$67,826 +1%
2020	$859 +5.9%	$67,132 +2%
2019	$811 +2.5%	$65,816 +2%
2018	$791 +2.4%	$64,526 +2%
2017	$772 +1.8%	$63,262 +2%
2016	$758 +1.4%	$62,022 +1.5%
2015	$747 +1.4%	$61,092 +2%
2014	$737	$59,896 +0.5%
2013	--	$59,626 +2%
2012	--	$58,458 +2%
2011	--	$57,312 +0.8%
2010	--	$56,884 -0.2%
2009	--	$57,020 +2%
2008	--	$55,902 +2%
2007	--	$54,806 +2%
2006	--	$53,732 +2%
2005	--	$52,680 +2%
2004	--	$51,648 +1.9%
2003	--	$50,702 +2%
2002	--	$49,708 +2%
2001	--	$48,734