2073-2081 Bacon St - Apartments FOR SALE


San Diego, CA 92107- Ocean Beach
$2,000,000 USD
760-822-9861
2073-2081 Bacon St, San Diego, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

2073-2081 Bacon St
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Premier Ocean Beach location with significant immediate rental upside
  • Expansive 7,501 SF lot with lush landscaping and private yards
  • Abundant off-street parking with 5 garages, one open space, and private laundry
  • Walking distance to the beach, employment, restaurants, shopping, cafes, schools, parks, and entertainment
  • Extremely competitive housing market ideal for multifamily investment
  • Ideal unit mix with single-story one and two-bedroom cottages (individually metered)

OVERVIEW

CBRE is pleased to offer for sale 2073 Bacon Street, a 5-unit residential community perfectly situated 2 blocks from the beach and downtown Ocean Beach. Well maintained, the property offers a new investor immediate rental upside. Built in 1942, the property is situated on an expansive 7,501 SF lot and features 5 single-story beach cottages, 5 garages, private yards, and one open parking space. The properties greatest feature is the proximity to the beach, restaurants, shops, entertainment, and employment. Ocean Beach is considered one of central San Diego’s premier beach communities, ideal for real estate investment. The garages provide future ADU potential.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$850 USD /SF

# OF UNITS

5

PRICE/UNIT

$400,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

RM-2-4

APN/PARCEL ID

448-202-28

ASK ABOUT THIS PROPERTY

Philip BuckleyCBRE, Inc.More Info
760-822-9861

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Philip BuckleyCBRE, Inc.More Info
760-822-9861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.