Property Description

827-833 Opal Street presents a rare opportunity to acquire a well-located multifamily asset located just 1.5 blocks from the beach in the highly desirable North Pacific Beach submarket of San Diego. The property consists of five (5) units on two separate parcels, including one (1) studio and four (4) exceptionally large two-bedroom units (2bd/1.5ba and 2bd/2ba). The two-bedroom units average approximately 1,044 square feet. Thoughtfully constructed, the units offer a condo-like living experience with spacious living rooms, fireplaces, and abundant storage. Unit interiors are well maintained but largely in original condition. A future investor could remodel the units with high-end finishes and additional amenities such as in-unit washer and dryers to raise rents significantly. The property includes three single-car garages accessed from the alley, with potential for ADU conversion. Ideally positioned within walking distance to Pacific Beach's most popular restaurants and nightlife. Its coastal location supports strong rental demand and clear value-add upside.

Property Features