$2,750,000 $14,763 est/mo Sourced by Back At You

4845 Long Branch Ave,San Diego, CA 92107

San Diego CA, 92107

Share with a friend

Description

Rare opportunity to purchase 5 prime units on a wide 7,500 SF lot in the heart of Ocean Beach! The desirable unit mix consists of Three 1-Bedroom Units (one detached house, two cottage style apartments) and Two 2-Bedroom Units (one detached house, one apartment built over the designated parking spaces). Held in the same family trust for over 80 years, the property exudes a pride of ownership that is rarely found with multi-family units at the beach. The property maintains consistently high historical occupancy rates due to its convenient OB location, just three blocks from the beach and close proximity to the shops and restaurants on Newport Ave. There is significant value-add opportunity for a new owner to do selective unit upgrades, as well as a possible development opportunity to add ADU’s where rear parking is located.

Details

MLS#240009492SD
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Days On Site25
Listing Provided ByMcKee Properties 619-435-7780 | Brendan McKee

Features

Units5
Building(s)4
Acreage0.17

Market Activity 92107

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 3 minutes ago

Contact

Learn More About This Property

StateCA
CountySan Diego
CitySan Diego
Zip Code92107
Area92107 Ocean Beach
Listing VS Median (in 92107)
Price:
$2,750,000
low | high
Med:
$1,319,950
100% of Average
On Site:
25
low | high
Med:
34.000000
73.529411764706% of Average
Sourced by Back At You
Listing Updated: May 8, 2024 at 1:33:30 AM PDT