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    4821 Narragansett Ave

    San Diego, CA 92107
    • $1,950,000 - $2,150,000
    • STATUS: ACTIVE
    • ON SITE: 62 days
    • ID#: 200039709
    UPDATED: 71 min ago
    $1,950,000 - $2,150,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 3,116
      SQFT
    • $690
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2006
    County:

    School Ratings & Info

    Description

    Located in heart of OB. 4 prime units on 7,000 sq ft lot. Great mix. 2 BR/1 BA front house is a vintage OB home w/gorgeous hardwood floors, remodeled kitchen & fireplace in living room. 2-car detached garage with 3 parking spaces in driveway. Attached studio features brand new kitchen, remodeled bath, and french doors leading to covered patio. Two 2 BR/2 BA condos are built on the rear lot. Both units have an attached 2-car garages, laundry and water meter. 2 extra pkg spots. All are turn key. Wont Last! This property located only 3 blocks from beach has many opportunities to the investor and or a owner occupant. If someone wanted to occupy this it would be easy to combine the house and studio and make it then a 3BR 2BA with 2 rent producing condos in the rear of the property that could be rented monthly or vacation rented to generate lots of cash flow. Also for the investor out there you have 4 units that can generate lots of income through monthly rentals or through vacation renting and you could also do the Lot split and sell the condos in the back separate. One is a town home and the other is a one level condo. Each one has its own 2 car garage and laundry. Each are on separate water meters too. Call for more details.

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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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/109095878
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    4821 Narragansett Ave San Diego, CA 92107

    • Price: $1,950,000 - $2,150,000
    • Status: ACTIVE
    • Updated: 71 min ago
    • ID#: 200039709
    6
    Beds
    6
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,116
    SQFT
    $690
    $/SQFT
    2006
    Built
    Neighborhood:
    Ocean Beach
    County:
    San Diego
    Area:
    Ocean Beach (92107)
    Property Description
    Located in heart of OB. 4 prime units on 7,000 sq ft lot. Great mix. 2 BR/1 BA front house is a vintage OB home w/gorgeous hardwood floors, remodeled kitchen & fireplace in living room. 2-car detached garage with 3 parking spaces in driveway. Attached studio features brand new kitchen, remodeled bath, and french doors leading to covered patio. Two 2 BR/2 BA condos are built on the rear lot. Both units have an attached 2-car garages, laundry and water meter. 2 extra pkg spots. All are turn key. Wont Last! This property located only 3 blocks from beach has many opportunities to the investor and or a owner occupant. If someone wanted to occupy this it would be easy to combine the house and studio and make it then a 3BR 2BA with 2 rent producing condos in the rear of the property that could be rented monthly or vacation rented to generate lots of cash flow. Also for the investor out there you have 4 units that can generate lots of income through monthly rentals or through vacation renting and you could also do the Lot split and sell the condos in the back separate. One is a town home and the other is a one level condo. Each one has its own 2 car garage and laundry. Each are on separate water meters too. Call for more details.
    Exterior Features

    Boat Facilities Yes Exterior Stucco Fencing Partial Frontage Other/Remarks Irrigation AutomaticSprinklers Parking For RV Other/Remarks Parking Garage Desc Unit1 Detached Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 Attached Parking Garage Desc Unit4 Attached Parking Garage Spaces Unit1 2 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 2 Parking Garage Spaces Unit4 2 Parking Non Garage Desc Unit1 TandemGuest Parking Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 Assigned Parking Non Garage Desc Unit4 Assigned Pool N/K Roof Composition Site Alley AccessPublic StreetSidewalksStreet PavedWest Of I-5 Spa N/K Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 3 Units With Patios 4 View Other/Remarks

    Interior Features

    Cooling N/K Furnished Units 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories Other/Remarks Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 1 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 3 Water Heater Type Gas

    Property Features

    Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 16760 Annual Expense Projected 16760 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Community Ocean Beach Complex Features Other/Remarks Complex Park 0 Cross Streets Sunset Cliffs Blvd Gross Rent Multiplier Actual 18.67 Gross Scheduled Income Actual 117540 Gross Scheduled Income Project 125700 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Mandatory Remarks For Value Range Pricing Seller Will Entertain Offers Between $1950000 - $2150000 Market Area Coastal South Miscellaneous Other/Remarks Monthly Total Fees 0 Net Operating Income Projected 108940 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Possession Call Listing Agent Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (Coaxial) Tenant Pays SewerWaterCable TvElectricityGas/Propane Terms CashConventionalSeller May Carry Unit Number For Unit1 4821 Unit Number For Unit2 4819 Unit Number For Unit3 4817 Unit Number4 4815 Unit1 Deposit 3000 Unit1 Occupied Owner Unit1 Projected Rent 3150.0 Unit1 Rent Actual 3150.0 Unit2 Deposit 1495 Unit2 Occupied Tenant Unit2 Projected Rent 1495.0 Unit2 Rent Actual 1495.0 Unit3 Deposit 3350 Unit3 Occupied Tenant Unit3 Projected Rent 2950 Unit3 Rent Actual 2750.0 Unit4 Deposit 2000 Unit4 Occupied Tenant Unit4 Projected Rent 2950 Unit4 Rent Actual 2400.0 Water Meter On Property Water District City Of San Diego Zoning R4

    Listing provided courtesy of Advantage Property Management. Listing information © 2020 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 © 2020 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