1251 Van Nuys Street San Diego, CA 92109

$4,998,000
$4,998,000
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Newly completed in 2026, this North Pacific Beach coastal property presents a rare opportunity to acquire a luxury asset with built-in multi-unit income potential and long-term appreciation. Configured for maximum flexibility, the property can operate as: • A high-end single-family residence • Two fully independent units (primary + ADU) • Or up to three separate rental units for increased cash flow Totaling 4,000+ sq ft, the property includes 6 bedrooms and 5 bathrooms across three levels, each with private entrances and expansive ocean-view decks—highly desirable features for premium rental positioning. The top-floor 3BR/2BA unit captures unobstructed panoramic views, ideal for an owner-user or premium short-term rental. The lower 3BR/2BA and additional flex level with full bath offer strong income-producing potential as long-term or short-term rental units. A private elevator enhances tenant appeal and accessibility across all levels. Additional revenue-driving features include: • 6-car garage (rare for coastal properties) • Solar (reduced operating costs) • High-end finishes for premium rental rates • Smart security system Ideal for investors seeking a hybrid lifestyle asset—live in one unit while generating income from the others or fully lease the property to maximize returns in a high-demand coastal market.

Newly completed in 2026, this North Pacific Beach coastal property presents a rare opportunity to acquire a luxury asset with built-in multi-unit income potential and long-term appreciation. Configured for maximum flexibility, the property can operate as: • A high-end single-family residence • Two fully independent units (primary + ADU) • Or up to three separate rental units for increased cash flow Totaling 4,000+ sq ft, the property includes 6 bedrooms and 5 bathrooms across three levels, each with private entrances and expansive ocean-view decks—highly desirable features for premium rental positioning. The top-floor 3BR/2BA unit captures unobstructed panoramic views, ideal for an owner-user or premium short-term rental. The lower 3BR/2BA and additional flex level with full bath offer strong income-producing potential as long-term or short-term rental units. A private elevator enhances tenant appeal and accessibility across all levels. Additional revenue-driving features include: • 6-car garage (rare for coastal properties) • Solar (reduced operating costs) • High-end finishes for premium rental rates • Smart security system Ideal for investors seeking a hybrid lifestyle asset—live in one unit while generating income from the others or fully lease the property to maximize returns in a high-demand coastal market.

  • Neighborhood
  • Type
  • County
    San Diego
  • Area
    92109 - Pacific Beach
  • Status
    Active
  • Listing #
    260010131SD
  • Built
    2026
  • Listed on site
    15 days

Listed by:
Billionaires Row

Source:
CRMLS

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Property details

Community Features

  • Has HOA
  • Not Age Restricted

View

  • Water view
  • Bay view
  • Ocean view

Exterior features

  • No Pool
  • Parking

Interior Features

  • Heat Gas

Style

  • Multi Level
  • Three+ Story

Property History

DateDays AgoEventNew Price
May 20, 202614 days agoPrice decreased692,000 (12%)$4,998,000
May 19, 202615 days agoNew on market$5,690,000
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