2104-2110 Bacon St 12 Unit Apartment Building $6,479,054 CAD ($539,921 CAD/Unit) 4.88% Cap Rate San Diego, CA 92107

We are pleased to present 2104–2110 Bacon Street, an 12-unit multifamily property ideally located in the heart of Ocean Beach, one of San Diego’s most sought-after coastal neighborhoods. Situated just one-half block from the beach and only two blocks from the Ocean Beach Pier and Newport Avenue, the property offers investors a rare opportunity to acquire a recently renovated asset in a highly walkable, supply-constrained coastal rental market.
The property features a diverse unit mix of ten studio apartments, one spacious two-bedroom / two-bath residences, and one three-bedroom / two-bath residence, providing broad tenant appeal and multiple income pportunities. Recently renovated interiors include stainless steel appliances, quartz and granite countertops, custom cabinetry, luxury vinyl plank flooring, recessed lighting, and modern bathrooms with designer finishes. Select residences also feature private patios and ductless mini-split air conditioning, creating an exceptional coastal living experience.
Residents enjoy an attractive collection of community amenities, including assigned off-street parking, a charming landscaped courtyard, and an on-site laundry facility. With a Walk Score® of approximately 95 (“Walker’s Paradise”), residents have immediate access to Ocean Beach’s renowned restaurants, cafés, breweries, boutiques, grocery stores, weekly farmers market, and the Pacific coastline, all within a short walk.
Ocean Beach continues to benefit from limited new development, strict coastal zoning, and enduring lifestyle appeal, supporting consistently strong rental demand and long-term appreciation. The combination of recent renovations, premier beachside location, and exceptional walkability positions 2104–2110 Bacon Street as a compelling turnkey investment opportunity within one of Southern California’s most desirable coastal communities.