4845-53 Long Branch Ave, San Diego, CA 92107 - MLS#240009492

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,295,000

Est. payment | -/mo

7,500 Sqft Lot

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$ 2,295,000

Est. payment | -/mo

Save Virtual Tour Video Tour

7,500 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240009492

Lot Size 7,500 Sqft

Property 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.

Location

State CA

County San Diego

Area Ocean Beach (92107)

Exterior

Total Parking Spaces 5

Building

Story 2

Others

Space Rent $98,592

Listed by Brendan McKee • McKee Properties

+1(619) 302-3010

matt@homecrave.com

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