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5012 Del Monte Ave

San Diego, CA 92107
  • $2,550,000
  • STATUS: ACTIVE
  • ON SITE: 19 Days
  • ID#: 250016772
$2,550,000
  • 3
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

FABULOUS FOURPLEX FOR THE LUCKY INVESTOR READY TO BE MADE INTO SHORT TERM RENTALS. OR LIVE IN ONE AND RENT OUT THE OTHERS. THREE OF THE FOUR UNITS RECENTLY HAVE NEW FLOORS, NEW APPLIANCES, NEW PAINT AND MORE. FOUR CAR PARKING ON TWO TANDEM SPOTS. NEAR OCEAN JUST STEPS AWAY AND CLOSE TO NEWPORT, THE RESTAURANTS AND THE OB LIFESTYLE!

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San Diego MLS logo 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 © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/159571993
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5012 Del Monte Ave San Diego, CA 92107

  • Price: $2,550,000
  • Status: ACTIVE
  • On Site: 19 Days
  • ID#: 250016772
3
Beds
4
Baths
0
½ Baths
N/A
Acres
1951
Built
Neighborhood:
Ocean Beach
County:
San Diego
Area:
Ocean Beach (92107)
Property Description
FABULOUS FOURPLEX FOR THE LUCKY INVESTOR READY TO BE MADE INTO SHORT TERM RENTALS. OR LIVE IN ONE AND RENT OUT THE OTHERS. THREE OF THE FOUR UNITS RECENTLY HAVE NEW FLOORS, NEW APPLIANCES, NEW PAINT AND MORE. FOUR CAR PARKING ON TWO TANDEM SPOTS. NEAR OCEAN JUST STEPS AWAY AND CLOSE TO NEWPORT, THE RESTAURANTS AND THE OB LIFESTYLE!
Exterior Features

Exterior Stucco Fencing Partial Frontage N/K Irrigation AutomaticDrip Parking For RV None Known Parking Garage Desc Unit1 AssignedTandem Parking Garage Desc Unit2 AssignedTandem Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Non Garage Desc Unit1 AssignedDetachedTandem Parking Non Garage Desc Unit2 AssignedDetachedTandem Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Composition Site Alley AccessCurbsPublic StreetSidewalks 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 0 Units With Patios 2 View Parklike

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 1 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 3.7 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 23750 Annual Expense Projected 90000 Association ID San Diego Association of REALTORS (SDAR) Buildings 3 Cfd Mello Roos Fee 0.0 Community OCEAN BEACH Complex Features BBQLaundry Facilities Complex Park N/K Cross Streets Bacon St Gross Rent Multiplier Actual 18.9 Gross Rent Multiplier Project 8.0 Gross Scheduled Income Actual 134280 Gross Scheduled Income Project 290520 Home Owners Assoc Fee Includes Trash PickupWater Mandatory Remarks None Known Market Area Coastal South Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 200520 Other Fee Type N/K Other Fees 0.0 Other Income Actual 750 Pets Allowed w/Restrictions Possession Close of Escrow Projected Cap Rate 8.2 Projected Other Income 1000.0 Sales Restrictions N/K Security Other/Remarks Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (coaxial) Tenant Pays ElectricityGas/Propane Terms CashConventionalSeller May Carry Unit Number For Unit1 5012 Unit Number For Unit2 5016 Unit Number For Unit3 5010 Unit Number4 5014 Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 6500.0 Unit1 Rent Actual 4150.0 Unit2 Deposit 2895 Unit2 Occupied Tenant Unit2 Projected Rent 5900.0 Unit2 Rent Actual 2895.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 4770 Unit3 Rent Actual 1995.0 Unit4 Deposit 1950 Unit4 Occupied Tenant Unit4 Projected Rent 4770 Unit4 Rent Actual 1950.0

San Diego MLS logo Listing provided courtesy of Barbara Ostroff of eXp Realty of California, Inc.: 858-761-8359. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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