$1,320,000
$1,400,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
SOLD DATE : 10/23/2024
Key Details
Sold Price $1,320,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 240013288
Sold Date 10/23/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1949
Property Description
This property consists of 2 units, comprising of (1) 2bed/1bath, and (1) 1Bed/1bath unit and a garage. The estimated market rents are $3,400 for the 2-bedroom unit and $3,200 for the 1-bedroom unit. Situated in a desirable location near the coast, close to local attractions, dining, shops, and entertainment, this property benefits from high demand. With a varied tenant base and the added value of garages, this investment offers steady rental income and potential for long-term appreciation in San Diego's robust rental market.
Location
State CA
County San Diego
Community Ocean Beach
Area Ocean Beach (92107)
Building/Complex Name Ocean Beach
Zoning RM-2-4
Interior
Cooling Wall/Window, N/K
Exterior
Exterior Feature Stucco, Other/Remarks
Fence Cross Fencing, Other/Remarks
Roof Type Tile/Clay,Other/Remarks
Building
Story 1
Lot Size Range 1-3999 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $2,550
Listing Terms Cash, Conventional, FHA, VA
Financing Cash
Special Listing Condition Call Agent
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Bought with Kevin Bennett • Compass
8322 Clairemont Mesa Blvd Suite 206, Diego, California, 92111, United States