4774-4780 W Point Loma Blvd.

Ocean Beach, CA, 92107

$3,725,000

$591 per ft²
$3,725,000
$591 per ft²
Sold
Sold
beds
3 Beds
carpenters-square
6,300 ft²
property_type
Other
Pleased to present a well-kept value-add 8-unit property for sale. 4774-4780 West Point Loma Boulevard is a luxury asset located in the highly sought-after Ocean Beach submarket. The property is well located directly at the entrance to Ocean Beach. Situated just over a half-mile from the Pacific Ocean, 4774-80 West Point Loma is within walking distance to all the eclectic neighborhood has to offer. Built in 1959, the property offers approximately 6,300 square feet of rentable square feet. Comprised of six, large two-bedroom one-bath units and two, one-bedroom one-bath units, the property provides select ocean views, and ample living space compared to standard apartments. The units enjoy updated plank flooring throughout, new white shaker cabinets, new stainless-steel appliances, granite countertops and all new bathrooms. Tenants enjoy incredible accessibility to the beach, dog beach, multiple parks, the Ocean Beach farmer’s market, and all the one-of-a-kind eateries the area has to offer while providing on-site laundry and off-street parking. There is a large underutilized storage room of 500-600/sf that could easily be converted into an ADU to increase cashflow. The complex offers investors the rare opportunity to be the owner of a stabilized asset in one of San Diego’s most desirable rental markets. Increased demand within Ocean Beach and neighboring submarkets will continue to keep vacancies at all time lows while offering steady rent increases for years to come.
MLS® ID:
210032417
Listed:
11/29/21
Updated:
5/20/22
Tami Fuller & Associates
Coldwell Banker

Interior Features

Total Bedrooms
3
Total Bathrooms
0

Other Property Details

Area Name
Coastal South
HOA Amenities
Other/Remarks
Attached Garage
No
Parking
N
View
N
County
San Diego
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
4/7/22
Sold
-
-
4/7/22
Price Change
$3,725,000
0%
2/8/22
Pending
-
-

 

Courtesy of Erik Anderson, NorthMarq Multifamily 

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. 

© 2022 San Diego Multiple Listing Service. All rights reserved. 

Data last updated 6:21 AM UTC, 5/20/22

Tami Fuller & Associates
Coldwell Banker
Contact