ACTIVE
4845-53 Long Branch Ave
Ocean Beach CA, 92107
$2,750,000
ACTIVE
7 Beds
Commercial
Rare opportunity 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). 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.
240009492
MLSⓇ ID
May 1, 2024
Listed
May 9, 2024
Updated
Map
4845-53 Long Branch Ave
Ocean Beach CA, 92107
Interior Features
Total Stories
2
Bedrooms
7
Appliances
Range, Refrigerator, Disposal
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
Coastal South
Days on Market
6
Garage
No
Parking Total
5
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
2%
Listed by McKee Properties, Brendan McKee,
Listing Contact: 619-890-7682
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