Residential Income For Sale – – – – Price $8,800,000 – NDP2405905
Property Description

LOCATION! LOCATION! LOCATION! A rare opportunity for an investor/developer to own a 7-unit income property in the prime location of Ocean Beach/Point Loma. This property offers stunning ocean views and is just minutes from the beach, making it the ideal investment youve been searching for. Currently generating steady monthly rental income with high cap rate, the building has significant potential for increased income with some TLC and renovations to convert it into short-term rentals and Airbnb. The complex features 3-bedroom, 2.5-bath townhouses with extra bonus rooms that can serve as a 4th bedroom or office. The units are spacious with hardwood flooring, master bedrooms with en-suite bathrooms, and plenty of natural light. Each townhouse has been partially upgraded, offering great potential for further enhancements. With no HOA or Mello-Roos fees, this property includes 17 garage parking spaces under the building and ample street parking. Located near major highways, Downtown San Diego, and the airport, this property offers unparalleled convenience for residents and visitors alike. Ocean Beach and Point Loma are renowned for their vibrant communities, beautiful beaches, and attractions like Sunset Cliffs Natural Park, known for its hiking trails, tide pools, and breathtaking sunsets. Residents will enjoy the proximity to numerous restaurants, shops, and outdoor activities, enhancing the appeal of this prime location. Dont miss this rare find in the heart of Ocean Beach/Point Loma, where you can enjoy beautiful ocean view sunsets from your windows. Seize the opportunity t

Features
: 2 story
Address Map
California
San Diego
San Diego
92107
Point Loma Blvd
4930
W118° 45' 19.9''
N32° 45' 7.2''
Neighborhood
Neighborhood
Additional Information
26
Assessor
Ava
Khamooshi
AK Broker
$0
$0
$0
$0
$0
$0
$0
1-3,999 sf
Oceanbeach/ Point Loma
Borrego springs
Fallbrook union elementary distr
Fallbrook union elementary distr
Fallbrook union high school dist
2

Residential Income For Sale

4930 Point Loma Blvd, San Diego, California 92107

13,471 Sqft
$8,800,000
Listing ID #NDP2405905
Basic Details
Property Description :

LOCATION! LOCATION! LOCATION! A rare opportunity for an investor/developer to own a 7-unit income property in the prime location of Ocean Beach/Point Loma. This property offers stunning ocean views and is just minutes from the beach, making it the ideal investment youve been searching for. Currently generating steady monthly rental income with high cap rate, the building has significant potential for increased income with some TLC and renovations to convert it into short-term rentals and Airbnb. The complex features 3-bedroom, 2.5-bath townhouses with extra bonus rooms that can serve as a 4th bedroom or office. The units are spacious with hardwood flooring, master bedrooms with en-suite bathrooms, and plenty of natural light. Each townhouse has been partially upgraded, offering great potential for further enhancements. With no HOA or Mello-Roos fees, this property includes 17 garage parking spaces under the building and ample street parking. Located near major highways, Downtown San Diego, and the airport, this property offers unparalleled convenience for residents and visitors alike. Ocean Beach and Point Loma are renowned for their vibrant communities, beautiful beaches, and attractions like Sunset Cliffs Natural Park, known for its hiking trails, tide pools, and breathtaking sunsets. Residents will enjoy the proximity to numerous restaurants, shops, and outdoor activities, enhancing the appeal of this prime location. Dont miss this rare find in the heart of Ocean Beach/Point Loma, where you can enjoy beautiful ocean view sunsets from your windows. Seize the opportunity t

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NDP2405905
Price : $8,800,000
Lot Sq Ft : 13,471 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 3
Unit 2 # Bedrooms : 3
Unit 3 # Bedrooms : 3
Unit 4 # Bedrooms : 3
Unit 1 # Total Baths : 3
Unit 2 # Total Baths : 3
Unit 3 # Total Baths : 3
Unit 4 # Total Baths : 3
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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