4673–75 Point Loma Avenue offers investors the rare chance to acquire a well-maintained, coastal two-unit multifamily property located less than two blocks from the Pacific Ocean in the highly sought-after Point Loma submarket of San Diego. The property consists of two 2-bedroom / 1-bathroom apartment units, each featuring efficient layouts,… Read More ample natural light, and strong tenant appeal. With both units separately metered (SDGE) and tenants responsible for all utilities, operating expenses are minimized, creating a streamlined and investor-friendly ownership structure. The property’s prime coastal location provides a strong foundation for stable occupancy and long-term appreciation. Point Loma is one of San Diego’s most desirable coastal communities, offering residents immediate access to beaches, retail, dining, and outdoor recreational amenities, while maintaining convenient proximity to Downtown San Diego, major freeways, and employment centers. These fundamental demand drivers support consistent rental demand and favorable rent growth trends. This asset offers investors a dynamic range of strategies. An owner-occupant may live in one unit while benefiting from rental income generated by the other. A traditional long-term rental approach offers steady cash flow with minimal management requirements, while a vacation rental or short-term rental model could be explored to maximize cash-on-cash returns given the property’s location just steps from the ocean. Read Less
Listing Snapshot
Days Online
9
Last Updated
Property Type
Other
Year Built
1957
MLS Number
250040904SD
30 Days Snapshot Of 92107
$1.73M
+1%
(avg) sold price
20
+11%
homes sold
53
-24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957, Levels: One, 1 story, 1 building
Cooling
None
Fence
None, Partial
Income
Net operating income: $46,415
Roof
Composition
Tenant Pays
CableTv, Electricity, Gas, SeeRemarks, Sewer, TrashCollection, 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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