4867 Santa Cruz Ave - Apartments FOR SALE


San Diego, CA 92107- Ocean Beach
$4,050,000 USD
714-474-4495
4867 Santa Cruz Ave, San Diego, CA for Sale
$4,050,000 USD
Apartments - FOR SALE
1/15
null | 5.67% Cap Rate

4867 Santa Cruz Ave
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • A+ Coastal Location
  • Ducted hvac system in place
  • Dual pane vinyl windows
  • 14 off street parking spaces
  • Potential for Seller financing , 40% down , 2-5 year note - inquire for more detail

OVERVIEW

First time on Market in our lifetimes - don't miss this rare opportunity to acquire 9 apartment units on arguably the best block (of the best street) in South Ocean Beach. This 1971 huffman built walk-up complex hosts (3) -950 SF- 2bedroom / 2bath units & (6) -600 SF- 1bed/1bath units , totaling 6452 rentable SF on the 7,000 SF lot with parking in both the front and the rear. 14 off street spaces total - 5 tandem in the front. 4 tuck under parking spaces in the alley. For those unfamiliar with this location, we invite you to drive the property without disturbing current occupants, and take a short stroll west , to one of the many spectacular and secluded coves or beaches along sunset cliffs. Then head north to the famous OB noodle house, one of many outstanding food and beverage providers in Ocean Beaches rich catalog of dining options. Please direct your inquiries to agent Brooks Howard (858) -692-6601

FOR SALE DETAILS

PRICE

$4,050,000 USD

PRICE/SF

$628 USD /SF

# OF UNITS

9

PRICE/UNIT

$450,000

CAP RATE

5.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

R4

APN/PARCEL ID

448-262-25

ASK ABOUT THIS PROPERTY

Jeff DillerBridgePoint Realty, INCMore Info
714-474-4495

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Jeff DillerBridgePoint Realty, INCMore Info
714-474-4495

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