RARE OPPORTUNITY – 4 NEWLY CONSTRUCTED UNITS just 2 Blocks from the Ocean Beach Shoreline! Prime coastal investment in one of San Diego’s most desirable beach communities with a long history of high appreciation!! This is a turnkey, high-yield property. Ideal for savvy investors or owner-occupants looking to grow… Read More their wealth while living the dream - just steps away from the sand, surf, dining, and night life, and financed with income generated from the other 3 units. These four beautifully built, contemporary units, offer the ultimate blend of luxury, convenience, and location. All units feature washer & dryer, central heat & air, and stainless-steel appliances. 5 Designated parking spaces – a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. Current income is from long term tenants, but great additional income is possible with short term rentals. This property offers tremendous versatility - long- or short-term rentals, multi-generational living, house hacking (live in one, rent out the others), with low-maintenance design and top-tier rental appeal.. Ideal property for your 1031 exchange, and seller will consider a single-family fixer, or property with ADU potential in trade. Don’t miss your chance to own a high-performing modern coastal asset! Read Less
Listing Snapshot
Days Online
148
Last Updated
Property Type
Other
Year Built
2023
MLS Number
250024221SD
30 Days Snapshot Of 92107
$1.75M
-2%
(avg) sold price
13
-23%
homes sold
68
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 2023, Levels: Two, 2 stories, 2 buildings
Cooling
CentralAir
Heating
ForcedAir, NaturalGas
Income
Net operating income: $137,250
Pool
None
Property
Zoning: R-4, None
Roof
Composition
Spa
None
Tenant Pays
CableTv, Electricity, Gas, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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