1574-1576 Hornblend St

Property Overview:
Discover a fantastic investment opportunity with this prime mixed-use property located at the bustling intersection of Ingraham St and Hornblende St in Pacific Beach. This property features two spacious apartments on the upper level and four versatile retail spaces on the ground floor. With all rents currently below market rate, there is significant potential for rent improvements and increased revenue.
Property Highlights:
• Mixed-Use Configuration: Two apartments on top, four retail spaces below
• Location: Situated at the corner of Ingraham St and Hornblende St, offering excellent visibility
• Proximity: Approximately one mile from the iconic Pacific Beach Pier
• Potential: Below-market rents provide ample opportunity for rent adjustments and enhanced returns
• Visibility: High-traffic area ensures great exposure for retail tenants
Residential Units:
• Two well-maintained apartments - 1 Bed/1 Bath apartments
• One vacant and fully remodeled
• Strong rental demand in this sought-after area
Retail Spaces:
• Four ground-floor retail units
• Suitable for a variety of businesses
• Excellent foot traffic and visibility
Investment Potential:
This property represents a rare chance to acquire a mixed-use asset in one of San Diego’s most desirable neighborhoods. The potential for rent improvements offers a clear path to increased cash flow and property value.
Neighborhood:
Pacific Beach is known for its vibrant community, beautiful beaches, and bustling commercial corridors. With its prime location, 4468 Ingraham St is perfectly positioned to benefit from the area’s growth and ongoing demand for residential and retail spaces.