CBRE and MD Real Estate Inc is pleased to present 5064-5066 Niagara Avenue, located just a a 6-unit multi-family property
stone’s throw from the beach in the highly coveted Ocean Beach neighborhood of San Diego, California. Resting
just a few properties from Ocean Beach Pier and one property from popular Newport Avenue, 5064-66 Niagara Avenue is
comprised of two 2-story buildings with 6 partially upgraded, very well-maintained units. Units are comprised of a large 1,320
square foot 3-bedroom / 2-bath unit and five 1-bedroom / 1-bath (from 497-619 square feet). Units feature a mix of floating
vinyl plank, tile and hardwood flooring, original hardwood cabinetry (a select few with custom white cabinets), quartz and
formica countertops, tiled showers and high-quality vanities. There are three garages, two parking spots, and one tandem
spot. The property has great bones and a sophisticated investor should bring all units to highest-end finished and lease short
or long-term at market rate.