4934-4936 W Point Loma Blvd - Apartments FOR SALE


San Diego, CA 92107- Ocean Beach
$3,395,000 USD
858-247-1095
4934-4936 W Point Loma Blvd, San Diego, CA for Sale
$3,395,000 USD
Apartments - FOR SALE
1/12
null | 4.04% Cap Rate

4934-4936 W Point Loma Blvd
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Irreplaceable Coastal Real Estate in Ocean Beach Assumable Seller Will
  • **SELLER FINANCING OPPORTUNITY** Potentially 0%-10% Down
  • Assumable $2.65M VA Loan @ 3.25% + Seller Will Carry in 2nd Position
  • Amazing Unit Mix: (2) 3Bed/2Bath + (2) 2Bed/2Bath
  • Five (5) Single Car Garages + Five (5) Parking Spaces
  • Walk to the Sand, and Local Shops / Restaurants

OVERVIEW

**CALL ABOUT SELLER FINANCING** Located in Ocean Beach, one of San Diego’s most desirable submarkets, the Apartment Homes on W Point Loma Blvd presents an investor with an amazing opportunity. With large units averaging 1,000sf each, an amazing location with walkability to the sand, and attractive seller financing, this 4-unit gem has everything an investor looks for. The property is situated on a 6,723sf parcel, and consists of two (2) 3Bedroom / 2Bathroom 1,150sf Units and two (2) 2Bedroom /2Bathroom 859sf Units. In addition, this coastal asset uniquely offers five (5) single-car garages and five (5) off-street parking. This apartment complex is perfect for a buyer looking to acquire a high-income multifamily asset near the beach with little to no down payment.

FOR SALE DETAILS

PRICE

$3,395,000 USD

PRICE/SF

$738 USD /SF

# OF UNITS

4

PRICE/UNIT

$848,750

CAP RATE

4.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

**SELLER FINANCING AVAILABLE**

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,723 SF

ZONING

rm-2-4

APN/PARCEL ID

448-230-06

ASK ABOUT THIS PROPERTY

Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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