Four-unit investment opportunity in the heart of Pacific Beach with existing income and additional development potential. The property features a desirable mix of one- and two-bedroom residences, including two spacious two-bedroom/one-and-one-half-bath units, one two-bedroom/two-bath unit, and one one-bedroom/one-bath unit. Plans have been prepared for three additional ADUs, offering an opportunity… Read More to expand the property to seven total units, subject to City review and approval. Conveniently located near the beach, Mission Bay, restaurants, shopping, entertainment, public transportation, and major employment centers. An opportunity to acquire an income-producing coastal asset with multiple paths for future value creation. Buyer to independently verify leases, rents, deposits, square footage, zoning, ADU feasibility, plan status, permitting requirements, and all property information with the appropriate professionals and governmental agencies. Read Less
Listing Snapshot
Days Online
65
Last Updated
Lot Size
0.14 Acres
Year Built
1952
MLS Number
260021407SD
Additional Details
Building
Built in 1952, 1 building, 2 stories, Levels: Two
Community
Park Name: Pacific Beach
Cooling
CentralAir
Fence
Partial
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $154,364, Net Operating Income: $96,244
Lot
0.1427 acres
Taxes
Parcel Number: 4231611600, Zoning: R-3:RESTRI
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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