4961-67 Coronado, San Diego, CA 92107 - MLS#250035386

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Matt O'Brien

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

$ 2,895,000

Est. payment | -/mo

8 Beds

3,280 SqFt

Save Virtual Tour

$ 2,895,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

3,280 SqFt

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $882

MLS Listing ID 250035386

Bedrooms 8

Property Sub-Type Com-Res Income

Property Description

8 UNITS OCEAN BEACH Rare Ocean Beach Investment Opportunity - Steps from the Cliffs An extraordinary investment opportunity in one of San Diego's most coveted coastal neighborhoods. This exceptional South Ocean Beach property sits mere steps from the cliffs, offering investors an unparalleled combination of prime location, recent upgrades, and exceptional value. Property Highlights - Single Level Property ( No SB721 Requirement) - Parking, Parking, Parking !!! - Updated Electrical, (lower insurance premiums) - Incredibly low Cost to Operate Recent Capital Improvements - New Roof - Upgraded Electrical - Newer Windows Exceptional Land Value - 7,000 square-foot lot - End Cap Alley Access-rare find in coastal San Diego - Lot orientation allows for end cap access (ideal for tuck under parking) - More than one parking space per unit - a premium amenity in Ocean Beach - Significant development potential and long-term appreciation opportunity Unbeatable Cashflow Fundamentals: $361,875.00 per door 5+CAP with one rent increase - Turnkey units ready for immediate rental income - High-demand coastal location ensures strong rental market - Minimal capital expenditure required due to recent improvements

Location

State CA

County San Diego

Community None, Other/Remarks

Area Coastal South

Zoning RM-2-4

Interior

Heating Wall

Cooling None

Flooring Wood

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Roof Type Composition

Building

Story 1

Others

Tax ID 448-161-06-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/250035386

Listed by Kevin Hemstreet South Coast Commercial, Inc.

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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4961-67 Coronado San Diego, CA 92107