San Diego, CA 92107,4739 Point Loma Ave
San Diego, CA 92107,4739 Point Loma Ave
San Diego, CA 92107,4739 Point Loma Ave
$1,575,000
Est. payment /mo
Est.Price: ?

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2,813 Sqft Lot
SOLD DATE : 09/14/2021

Key Details

Sold Price $1,575,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 210022697

Year Built 1968

Lot Size 2,813 Sqft

Property Description

LOCATION! LOCATION! LOCATION! A fixer-upper 2 story complex with 2 units, 3 bed 2 bath, and 3 bed 1.5 bath. Great for an investor or developer looking to renovate and maximize the income potential of this property. You can build another story on top. The second floor has Oceanview. Perfect for AirBNB and short term rentals. Current cap rate 5%, and when renovated and used for AirBNB, cap rate can go as high as 12%. Tenants are month to month but love to live there. Keep the tenants and enjoy the current income, or develop, build, renovate and increase the cashflow. Hardwood flooring and granite countertops. The location is amazing! Sunset Cliffs Coastal Trail, Little Lion Cafe, Bermuda Beach, Ocean Beach, one Block to the ocean. Mix of residential and commercial land use. Plenty of restaurants and coffee shops around. Perfect tourist ultimate destination. Send your offers now! Number of Furnished Units: 0

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Zoning COMMERCIAL

Interior

Cooling None

Exterior

Fence None

Building

Story 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Ava Khamooshi • TXR Homes
Bought with Sean Broderick • Advantage Team Real Estate

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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