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Key Details
Sold Price $1,851,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 522 sqft
Price per Sqft $3,545
Subdivision Ocean Beach
MLS Listing ID 230018696
Sold Date 10/20/23
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1962
Lot Size 4,912 Sqft
Property Description
Steps to Ocean Beach Pier. This is a once in a lifetime opportunity. Purchase as an investment or as a primary residence and rent out the other units. Zoned for commercial or residential use and by right eligible for 2 ADUs. This exceptional real estate gem combines the allure of coastal living with the promise of substantial rental income. Nestled in the prime coastal community of Ocean Beach, you will relish the soothing sounds of the waves and the salty sea breeze while being within walking distance of shopping, restaurants, fishing, surfing and more. Currently these units are rented out long term. The potential profit may go up exponentially if these are rented as short term rentals.
Location
State CA
County San Diego
Community Ocean Beach
Area Ocean Beach (92107)
Building/Complex Name Ocean Beach
Zoning COMMERCIAL
Interior
Heating Natural Gas
Cooling Wall/Window
Appliance Wall/Gravity
Exterior
Exterior Feature Stucco
Parking Features Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K
Fence Partial
View Ocean
Roof Type Composition
Building
Lot Description Sidewalks, Street Paved
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $2,395
Listing Terms Cash, Conventional
Financing Cash
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Bought with Chris Jensen • Christen Jensen, Broker
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