CA > San Diego
San Diego, CA 92107,4961 Coronado
San Diego, CA 92107,4961 Coronado
San Diego, CA 92107,4961 Coronado
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,895,000
Est. payment /mo
7,000 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250035386SD

HOA Y/N No

Lot Size 7,000 Sqft

Property Sub-Type Mixed Use

Property Description

8 UNITS OCEAN BEACH Rare Ocean Beach Investment Opportunity - Steps from the Cliffs An extraordinary investment opportunity in one of San Diego's most coveted coastal neighborhoods. This exceptional South Ocean Beach property sits mere steps from the cliffs, offering investors an unparalleled combination of prime location, recent upgrades, and exceptional value. Property Highlights - Single Level Property ( No SB721 Requirement) - Parking, Parking, Parking !!! - Updated Electrical, (lower insurance premiums) - Incredibly low Cost to Operate Recent Capital Improvements - New Roof - Upgraded Electrical - Newer Windows Exceptional Land Value - 7,000 square-foot lot - End Cap Alley Access-rare find in coastal San Diego - Lot orientation allows for end cap access (ideal for tuck under parking) - More than one parking space per unit - a premium amenity in Ocean Beach - Significant development potential and long-term appreciation opportunity Unbeatable Cashflow Fundamentals: $361,875.00 per door 5+CAP with one rent increase - Turnkey units ready for immediate rental income - High-demand coastal location ensures strong rental market - Minimal capital expenditure required due to recent improvements

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Zoning RM-2-4

Interior

Heating Wall Furnace

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 9

Others

Tax ID 4481610600

Virtual Tour https://www.propertypanorama.com/instaview/snd/250035386

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CRMLS – RECore
Listed by Kevin Hemstreet South Coast Commercial, Inc.

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