4930 W Point Loma Blvd - Apartments FOR SALE


San Diego, CA 92107- Ocean Beach
$8,200,000 USD
858-221-9649
4930 W Point Loma Blvd, San Diego, CA for Sale
$8,200,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

4930 W Point Loma Blvd
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Rare 7-unit coastal asset blocks from the beach
  • Large townhouse-style units with highly desirable floor plans
  • Strong condo conversion and value-add investment opportunity
  • Walkable Ocean Beach location near dining and retail
  • Underground parking in a supply-constrained coastal market

OVERVIEW

Exceptional investment opportunity in Point Loma, just blocks from Ocean Beach. This rare 7-unit property offers strong condo conversion potential, featuring spacious 3-bed/2.5-bath townhouse style units averaging 1,450 SF, with six units including additional dens. The property is fully occupied but can be delivered vacant, presenting a prime value-add opportunity through renovations and forced equity creation. A rare amenity for the area, the property includes 17 underground garage parking spaces and is ideally located near beaches, dining, and local attractions. Please reach out for a copy of the Offering Memorandum.

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/SF

$626 USD /SF

# OF UNITS

7

PRICE/UNIT

$1,171,429

CAP RATE

Request Cap Rate

% 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

1995

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,469 SF

ZONING

RM-2-4

APN/PARCEL ID

448-230-24

ASK ABOUT THIS PROPERTY

Derek KaptanogluCompass CommercialMore Info
858-221-9649

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Derek KaptanogluCompass CommercialMore Info
858-221-9649

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