Share This Listing

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Beach Cliff Villas 1352-1364 Sunset Cliffs Blvd 6 Unit Apartment Building $13,540,424 CAD ($2,256,737 CAD/Unit) 2.19% Cap Rate San Diego, CA 92107

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Once-In-A-Lifetime Beach Front Location in Point Loma
  • 17,259 SF of Ocean Frontage on Ultra Rare Point Loma Cliffs
  • Opportunity to Build; Up to 17 Apartment Units & 40,000 SF; or Add Units
  • Run As Vacation Rentals, Long-Term Rentals, Run Weddings
  • Build 5 Luxury 3-Bedroom W/ Den Townhomes (Condos); Renderings Attached
  • Maximize As Apartments; Reconfigure 1st Floor To 6 Units, 2nd Floor To 6 Units, Add 3rd Floor Of 6 Additional Units

EXECUTIVE SUMMARY

We are pleased to present Beachcliff Villas, a truly rare cliff-top, six-unit vacation rental community perched directly above the Pacific Ocean on an expansive 17,259 SF parcel. Offering irreplaceable panoramic ocean views, Beachcliff Villas provides exceptional flexibility—whether continuing operations as a high-performing vacation rental property or pursuing redevelopment opportunities. According to local architectural review, the site may allow approximately 12,000 SF of buildable area, with conceptual renderings prepared for five ultra-luxury three-bedroom townhomes. Additional architectural renderings illustrate what a comprehensive remodel of the existing structure could look like, including potential for reinforcing the footings and adding a third floor of approximately 3,000 SF, further enhancing long-term value. Nestled quietly at the intersection of Ocean Beach and Point Loma, the property sits within one of San Diego’s most coveted coastal enclaves—an area defined by its residential character, scenic bluffs, and proximity to the best of Southern California’s coastal lifestyle. The existing building totals 5,084 SF, consisting of one 2-bedroom/1.5-bath unit (900 SF), four 2-bedroom/1-bath units (870 SF each), and one 1-bedroom/1-bath unit (704 SF). The property includes four single-car garages, six off-street parking spaces, and approximately 950 SF of shared space including a lobby/storage area and conference room. Each unit features hardwood floors, granite countertops, and fully furnished kitchens and living areas—ideal for short- or long-term occupancy.
Beyond residential use, the site presents unique event potential. With its oceanfront setting and open layout, Beachcliff Villas could serve as a boutique wedding or event venue, capitalizing on the growing demand for coastal celebrations in San Diego. Consultation with local event operators, such as Wedgewood Weddings, could help quantify this opportunity, with annual revenue potential exceeding $500,000 through property-wide rentals and special events. The property embodies the essence of Southern California coastal living, offering both serenity and investment opportunity. Whether through luxury redevelopment, event activation, or a high-end remodel, Beachcliff Villas stands as a rare chance to own one of San Diego’s few remaining oceanfront assets with significant upside potential.
Beachcliff Villas is conveniently located just: ~10 minutes from SeaWorld ~12 minutes from San Diego International Airport ~15 minutes from the Gaslamp Quarter ~18 minutes from Balboa Park and the San Diego Zoo

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $13,540,424 CAD
Price Per Unit $2,256,737 CAD
Sale Type Investment
Cap Rate 2.19%
Gross Rent Multiplier 18.84
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.43 AC
Building Size 6,309 SF
Average Occupancy 100%
No. Stories 2
Year Built 1975
Parking Ratio 1.27/1,000 SF
Zoning RM-5-12 - Residential Multi-Family

AMENITIES

SITE AMENITIES

  • Waterfront

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 - 704
2+1 4 - 870
2+1.5 1 - 900
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
448-341-02
Land Assessment
$2,754,846 CAD (2025)
Improvements Assessment
$688,709 CAD (2025)
Total Assessment
$3,443,554 CAD (2025)
  • Listing ID: 38243003

  • Date on Market: 2025-10-28

  • Last Updated:

  • Address: 1352-1364 Sunset Cliffs Blvd, San Diego, CA 92107

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}