San Diego, CA 92107,5025 Lotus St
San Diego, CA 92107,5025 Lotus St
San Diego, CA 92107,5025 Lotus St
$1,660,000
Est. payment /mo
Est.Price: ?

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5,005 Sqft Lot
SOLD DATE : 09/09/2024

Key Details

Sold Price $1,660,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 240010352SD

Year Built 1945

Lot Size 5,005 Sqft

Property Description

Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego. Not only create the income but still have parking available for all your units on site. Seeking even higher returns? Grab one of the 800+ Short Term Rental permits availabe and create even greater cash flow here in Coastal San Diego. Pride of ownership abounds throughout the property and getting a Tri-plex like this is a once in a blue moon opportunity! Don't miss out!

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Building/Complex Name N

Zoning R-4:MULTIP

Interior

Cooling See Remarks

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Others

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

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California Regional MLS (CRMLS)
Listed by Andrew Greer • Real Broker
Bought with Matt May • Keller Williams La Jolla

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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