RARE OPPORTUNITY – 4 Newly Constructed Units Just 3 Blocks from the Ocean in Ocean Beach Exceptional coastal investment opportunity generating $15,592 per month ($187,104 annually) in rental income. Projected income with 4922 Muir Ave, short term rental ($238,800). Located in one of San Diego’s most desirable beach communities with… Read More a proven history of strong appreciation, this turnkey property offers immediate cash flow with long-term upside. The property features four newly built contemporary units thoughtfully designed for low maintenance and strong rental appeal. Each unit offers its own private yard, in-unit washer and dryer, central heating and air conditioning, and stainless-steel appliances. The property also includes five designated parking spaces, EV charging, and paid solar—rare and highly desirable amenities in this beachside location. Just steps from the sand, restaurants, and local shops, the property benefits from consistent rental demand. Current income is from long-term tenants, with potential upside through short-term rental opportunities (buyer to verify). Ideal for investors, 1031 exchange buyers, or owner-occupants seeking a house-hacking opportunity—live in one unit and offset expenses with rental income from the others. Seller may consider a trade for a single-family fixer or property with ADU potential. A modern, income-producing coastal asset in a premier Ocean Beach location. Read Less
Listing Snapshot
Days Online
0
Last Updated
Year Built
1930
MLS Number
260003642SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1930, 2 buildings, 2 stories, Levels: Two
Community
Park Name: Muir
Cooling
CentralAir
Heating
ForcedAir, NaturalGas
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $187,104, Net Operating Income: $138,334
Pool
None
Roof
Composition
Taxes
Parcel Number: 4482221300, Zoning: R-4
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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