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Listing Details

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Type
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Built
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School Ratings & Info

Description

LOCATION! LOCATION! LOCATION! Fully upgraded with stainless steel kitchen appliances, fully renovated, newly built 2016, mixed residential and commercial land use. 2 Units 2 bed 2 bath. Both rented. Fantastic investment/development property for you, one block to Ocean Beach. Perfect for AirBNB and short term rentals. Current cap rate 4.3%. Tenants are month to month but love to live there. Keep the tenants and enjoy the current income, or develop and increase the cashflow. Hardwood flooring and granite countertops. The location is amazing! Sunset Cliffs Coastal Trail, Little Lion Cafe, Bermuda Beach, Ocean Beach, one Block to the ocean. Mix of residential and commercial land use. Plenty of restaurants and coffee shops around. Perfect tourist ultimate destination. Send your offers now!

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/120274404
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4741 Point Loma Ave San Diego, CA 92107

  • Price: $2,500,000
  • Status: ACTIVE
  • Updated: 103 min ago
  • ID#: 210022709
4
Beds
4
Baths
0
½ Baths
0.07
Acres
2,600
SQFT
$962
$/SQFT
2016
Built
Neighborhood:
Sunset Cliffs Coastal
County:
San Diego
Area:
Ocean Beach (92107)
Property Description
LOCATION! LOCATION! LOCATION! Fully upgraded with stainless steel kitchen appliances, fully renovated, newly built 2016, mixed residential and commercial land use. 2 Units 2 bed 2 bath. Both rented. Fantastic investment/development property for you, one block to Ocean Beach. Perfect for AirBNB and short term rentals. Current cap rate 4.3%. Tenants are month to month but love to live there. Keep the tenants and enjoy the current income, or develop and increase the cashflow. Hardwood flooring and granite countertops. The location is amazing! Sunset Cliffs Coastal Trail, Little Lion Cafe, Bermuda Beach, Ocean Beach, one Block to the ocean. Mix of residential and commercial land use. Plenty of restaurants and coffee shops around. Perfect tourist ultimate destination. Send your offers now!
Exterior Features

Exterior Other/Remarks Fencing N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Roof Other/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 4.3 Age Restrictions N/K Annual Expense Actual 2000 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Ocean Beach Complex Park N/A Cross Streets Point Loma Ave Gross Rent Multiplier Actual 23.15 Gross Scheduled Income Actual 108000 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Allowed W/Restrictions Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalOther/Remarks Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 4500.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 4500.0 Water District City Of San Diego Zoning Commercial

Listing provided courtesy of Txr Homes. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101