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$3,250,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 250024221SD
HOA Y/N No
Year Built 2023
Property Description
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 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. Designated Off-Street Parking for each unit – 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!
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Building/Complex Name Muir
Zoning R-4
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
View Y/N Yes
View None
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4482221300
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Listed by Nathan Winnett • eXp Realty of California, Inc.