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$1,750,000
Est. payment /mo
5 Beds
5 Baths
2,132 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,132 sqft
Price per Sqft $820
MLS Listing ID 260020066
Bedrooms 5
Full Baths 5
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
Located just 1.5 blocks from the beach in Ocean Beach, within walking distance to restaurants and shops, 5050-54 Brighton Avenue, San Diego, CA 92107 (“Property”) is a five (5) unit multifamily investment property that is comprised of all one-bedroom/one-bathroom units, and has three (3) tandem off-street parking spaces. OB Surf/beach cottage vibes! The units are spread across three separate buildings, including essentially mirror-image two-story duplexes in front, with one unit above the other, each with a private front and rear patios/balconies, and one single-story detached cottage unit that has been renovated inside. Built of wood-frame construction on concrete on grade foundations upon a ±3,837 SF lot, all buildings have pitched composition shingle roofs and wood siding. Units are separately metered for gas and electricity, and the property is on city trash. With very little landscaping at the property, related landscape maintenance, among other operational costs, are minimal. This rare beach-proximate 5-unit property has great flexibility in terms of ways to maximize value, such as a possible increase to rentable building area and/or density via added ADU construction, possibly with a 30 foot high Ocean View ADU over central courtyard and rear parking area. 5050-54 Brighton Avenue boasts close proximity to: the beach(es); Robb Athletic Fields; OB Noodle House; the OB Pier; and best area retail along Newport Avenue, making this a prime property for partial or full short term (vacation) rental operations, for anyone wanting to accelerate revenue growth.
Location
State CA
County San Diego
Area Coastal South
Interior
Flooring Hardwood
Fireplace No
Exterior
Parking Features Spaces
View Y/N No
Roof Type Composition
Total Parking Spaces 3
Building
Dwelling Type Apartment
Story 2
Others
Senior Community No
Tax ID 448-114-21-00
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
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Listed by Joseph A Burrough, DRE#02014504 Palma Commercial
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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