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$3,800,000
Est. payment /mo
15 Beds
9 Baths
5,976 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,976 sqft
Price per Sqft $635
MLS Listing ID 260024708
Bedrooms 15
Full Baths 9
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
4826-4832 Santa Cruz Ave offers a rare opportunity to acquire a nine-unit multifamily property in the heart of San Diego's desirable Ocean Beach neighborhood. Just two blocks from the beach, the property provides easy access to the ocean, entertainment, eateries, grocery stores, and all the amenities of the famous Newport Ave thoroughfare. The desirable unit mix includes (7) two-bedroom units, (1) one-bedroom unit, (1) studio and (4) garages with ADU potential. Select units have been upgraded with new cabinets, vinyl flooring and stainless-steel appliances. Additionally, the property provides attractive income at in-place rental rates, with value-add and rent increase potential for a new owner. Its premiere beach location makes this an excellent investment opportunity in a highly sought-after rental market.
Location
State CA
County San Diego
Community Other/Remarks
Area Coastal South
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 448-271-08-00
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Listed by Ray Adams, DRE#00989238 Ray Adams Investment Real Estate Inc
Nearby School & Business
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