2603 Figueroa Blvd, San Diego, California 92109

$1,397,000

Bedrooms

5

Bathrooms

4

Square Feet

1,872 sqft

City

San Diego

Status

Active

Just Reduced to $1,397,000 - $9,200/Month Income in Pacific Beach Through July 2026. New owner can resign with existing tenants or move in immediately upon close of escrow Recently reduced and positioned to move. This Pacific Beach income property is currently leased at $9,200 per month through July 2026, delivering $110,400 in annual income from day one. For investors, this is a stabilized coastal asset with strong cash flow in one of San Diego’s most desirable rental markets. For future owner-occupants or house-hack buyers, the property offers flexibility to occupy, reconfigure, or reposition after the lease term. The three-level layout provides excellent separation of space and is currently configured to maximize rental performance with multiple private sleeping areas. The main level features an open-concept living area and kitchen while upper levels offer private retreats with creek views and balcony access. Built in 1993 and located at the end of a quiet cul-de-sac overlooking Rose Creek, the property offers privacy, natural views, and proximity to beaches, dining, and major transit routes. Zoned RM-3-8 with long-term flexibility. Build 2 x 1200SF ADU's by right at market rate. If you are looking to move to pacific beach, have upside of building 1 to 2 ADU's or tear down to use complete communities 2.5FAR this property is for you!