5020 Brighton Ave - Multi-Family FOR SALE


San Diego, CA 92107- Ocean Beach
$1,700,000 USD
858-373-3216
5020 Brighton Ave, San Diego, CA for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/12
null | 2.04% Cap Rate

5020 Brighton Ave
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Prime Ocean Beach location just steps from the coastline and walkable to local dining, retail, & recreation.
  • Four (4) one bedroom / one bathroom units - highly desirable and consistently in demand.
  • Stable, low maintenance property with historically strong occupancy.
  • Immediate value add potential through interior renovations.
  • Opportunity to own in one of San Diego’s most supply constrained and tightly held coastal rental markets.

OVERVIEW

We are pleased to present 5020–24 Brighton Avenue, a well maintained four unit multifamily asset located in the heart of Ocean Beach, one of San Diego’s most iconic and tightly held coastal communities. This rare offering provides investors the opportunity to own a stabilized, income producing property just blocks from the beach in a supply constrained, high demand rental market. The property consists of four (4) one bedroom, one bathroom units, each featuring a functional layout, excellent natural light, and a classic beach town living environment that appeals to long term renters. The building sits in a quiet residential pocket of Ocean Beach while remaining walkable to the shoreline, local cafes, restaurants, retail, and the neighborhood’s vibrant coastal lifestyle amenities. Additional onsite features - such as private outdoor areas and off street parking - add to the property’s long term renter appeal and place it among the more desirable small multifamily offerings in this extremely low vacancy coastal submarket. With historically strong occupancy, consistent cash flow, and clear upside potential through interior updates, 5020–24 Brighton Avenue represents a rare chance to acquire a low maintenance coastal multifamily asset in one of San Diego’s most sought after beach communities.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$966 USD /SF

# OF UNITS

4

PRICE/UNIT

$425,000

CAP RATE

2.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5020-24 Brighton Avenue

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

448-114-17-00

ASK ABOUT THIS PROPERTY

Jamison WheelerMarcus & MillichapMore Info
858-373-3216

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Jamison WheelerMarcus & MillichapMore Info
858-373-3216

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