4845 Santa Cruz Ave., San Diego, CA 92107 - MLS#240026074

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Matt O'Brien

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

$ 3,200,000

Est. payment | -/mo

12 Beds

12 Baths

1,300 SqFt

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$ 3,200,000

Est. payment | -/mo

Save Virtual Tour Video Tour

12 Beds

12 Baths

1,300 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $2,461

Subdivision Ocean Beach

MLS Listing ID 240026074

Bedrooms 12

Full Baths 8

Half Baths 4

HOA Y/N No

Year Built 1986

Property Description

Behold a phenomenal mid-1980s built four-plex that is uniquely well-located in South OB, just 2 blocks from the idyllic Santa Cruz Cove beach, walking distance to the best local restaurants, shops and nightlife, and close to Sunset Cliffs walking trails. Built to condo-specs when initially constructed, there are several ways to maximize income at this property, including modernizing two of the units which have not yet been upgraded. Several four-plexes of this exact architecture/design were duplicated during this era (mid-1980s) around South OB, Pacific Beach, and likely other neighborhoods. At least one of these same builds on the 5000 block of Del Monte Avenue has been successfully converted to individual condominiums, around 2010. This opportunity may be gone...
These well-built units are all basically identical and feature spacious kitchen and living areas, equipped with full appliance packages (incl. d/w), fireplaces, and spacious private patios downstairs off of the kitchens. Upstairs between the dual-master bedrooms is a laundry closet with hookups and side-by-side washer/dryers. Units feature central heat. There are five (5) tandem off-street parking spaces at the property.

Location

State CA

County San Diego

Community Ocean Beach

Area Ocean Beach (92107)

Building/Complex Name NA

Interior

Fireplaces Number 4

Exterior

Exterior Feature Stucco

Fence Gate, Partial

Roof Type Tile/Clay

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $4,500

Listing Terms Cash, Conventional

Listed by Joseph A Burrough • Palma Commercial

+1(619) 302-3010

matt@homecrave.com

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