720-841-8139
5064-5066 Niagara Ave, San Diego, CA for Sale
Apartments - FOR SALE
1/14
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5064-5066 Niagara Ave
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Prime Ocean Beach Location A Stone’s Throw From The Ocean
  • Extremely Rare Near-Beach Property With Panoramic Ocean Views
  • Extreme Upside In Rents Through High End Renovations
  • ADU Potential For One Or Two Units Through Garage Conversions
  • Three garages, two parking spots, and one tandem spot (7 Total Parking Spaces)

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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# OF UNITS

6

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

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C

APN/PARCEL ID

448-081-30

ASK ABOUT THIS PROPERTY

720-841-8139

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720-841-8139

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