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Key Details
Sold Price $1,795,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 230014959
Sold Date 09/13/23
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1932
Property Description
RARE INVESTMENT OPPORTUNITY in Ocean Beach. 2 Units for Sale... a 2Br/2Ba plus a 2Br/1Ba on a Lg. Lot with VIEWS of MISSION BAY & The OCEAN that are Un-obstructable. Live in One Unit and Rent the Other. OR, ADD 2 to 4 UNITS at the Rear of the Property. Have Income from the Existing 2 Units while Building an Additional 2 to 4 Units. OR, Scrape the Property and BUILD 10 to 16 UNITS. Current Feasibility Study shows up to 36 units can be Built on this Site. Existing 2Br/2Ba VRBO Grossed Approx. $8,700 for the month of July 2023.
Location
State CA
County San Diego
Community Ocean Beach
Area Ocean Beach (92107)
Building/Complex Name Ocean Beach
Interior
Heating Natural Gas, Wood
Cooling Wall/Window, Other/Remarks
Fireplaces Number 1
Appliance Fireplace, Other/Remarks
Exterior
Exterior Feature Stucco, Other/Remarks
Parking Features Unit1:Attached Unit2:Assigned
Fence Full, Other/Remarks
Community Features Other/Remarks
Complex Features Other/Remarks
View Bay, Evening Lights, Ocean, Other/Remarks
Roof Type Composition,Other/Remarks
Building
Lot Description Public Street, Sidewalks, West of I-5, Other/Remarks
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Connected, Other/Remarks
Water Available, Meter on Property, Other/Remarks
Level or Stories 2 Story
Others
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Financing Cash
Special Listing Condition Other/Remarks
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Bought with Debra D Gardner • Terra Bella Real Estate
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