$2,350,000
$2,599,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
1,082 SqFt
SOLD DATE : 04/12/2024
Key Details
Sold Price $2,350,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,082 sqft
Price per Sqft $2,171
Subdivision Ocean Beach
MLS Listing ID 240001808
Sold Date 04/12/24
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1978
Lot Size 7,189 Sqft
Property Description
Incredible investment opportunity on a quiet street in Ocean Beach. 2 Single-Family homes on a 7,000 SqFt lot in a prime location. Within a highly rated school district, walkable to local shops and the beach. The front home is a 2BD 2BA and the back home is a 3BD 2BA. Both homes have an optimal floor plan with attached garages, spacious private backyard space, in-unit laundry, and ample storage. This is perfect for savvy investors or developers as there is a strong rental market here and the property offers plenty of opportunities of forced appreciation. PENDING PERMITS FOR 5 STUDIO GARAGE CONVERSIONS AND 2 NEW ADUs. Do renovations for immediate equity growth, or build something new. The possibilities are endless!
Location
State CA
County San Diego
Community Ocean Beach
Area Ocean Beach (92107)
Building/Complex Name NK
Interior
Heating Natural Gas
Appliance Forced Air Unit
Exterior
Exterior Feature Stucco
Parking Features Unit1:Attached Unit2:Attached
Garage Spaces 5.0
Fence Gate
Roof Type Tile/Clay
Building
Lot Description Alley Access, Curbs
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Level or Stories Other/Remarks
Others
Acceptable Financing Cash, Conventional
Space Rent $3,350
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Sean M Doherty • SD Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "