4845 Long Branch Ave , San Diego, CA 92107
San Diego, CA 92107
Description
Excellent offering to purchase 5 prime units on a wide 7,500 SF lot in the heart of Ocean Beach! The desirable unit mix consists of Three 1-Bedroom Units (one detached house, two cottage-style apartments) and Two 2-Bedroom Units (one detached house, one apartment built over the designated parking spaces). Two of the units are currently vacant and ready for the new owner to rent, rehab, or convert to short-term rentals. Held in the same family trust for over 80 years, the property exudes a pride of ownership that is rarely found with multi-family units at the beach. The property maintains consistently high historical occupancy rates due to its convenient OB location, just three blocks from the beach and close proximity to the shops and restaurants on Newport Ave. There is significant value-add opportunity for a new owner to do selective unit upgrades, as well as a possible development opportunity to add ADU’s where rear parking is located.
Details
| MLS# | 250001401SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 95 |
| Listing Provided By | McKee Properties 619-435-7780 | Brendan McKee |
Features
| Units | 5 |
|---|---|
| Building(s) | 4 |
| Acreage | 0.17 |
Market Activity 92107
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92107 |
| Area | 92107 Ocean Beach |
| Listing VS Median (In 92107) | |
Price: $1,995,000 low | high Med: $1,149,750 On site: 95 low | high Med: 10.000000 | |
