Located in Ocean Beach, one of San Diego’s most desirable beach communities, the Cape May Ave Apartment Homes presents an investor with an amazing value-add opportunity. This clean and well maintained 10-Unit apartment complex boasts walkability to the beach and everything Ocean Beach has to offer. The property is situated on a 6,993sf parcel, and consists of eight (8) 1Bedroom / 1Bathroom 609sf Units and two (2) 2Bedroom / 1.5Bathroom 870sf Units. Tenant amenities include an extremely rare 1:1 parking ratio with ten (10) off-street parking spots, an onsite laundry room, and select units have balconies. With 60% upside in rental income, this asset is perfect for a buyer looking for a premium coastal multifamily asset with substantial rental upside in an outstanding location.