Variance Granted. RARE OPPORTUNITY - 4 NEWLY CONSTRUCTED UNITS just 2 Blocks from the Ocean Beach Shoreline! Prime coastal investment in one of San Diego's most desirable beach communities with a long history of high appreciation!! This is a turnkey, high-yield property. Ideal for savvy investors or owner-occupants looking to grow their wealth while living the dream - just steps away from the sand, surf, dining, and nightlife, and financed with income generated from the other 3 units. These four beautifully built, contemporary units, offer the ultimate blend of luxury, convenience, and location. All units feature washer & dryer, central heat & air, and stainless-steel appliances. 5 Designated Parking spots ! - a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. The "actual scheduled income" is all from long term rentals, but the "projected scheduled income" utilizes one of the units as a short-term rental as allowed. This property offers tremendous versatility - long- or short-term rentals, multi-generational living, house hacking (live in one, rent out the others), with low-maintenance design and top-tier rental appeal.. Ideal property for your 1031 exchange, and the seller will consider a single-family fixer, or property with ADU potential in trade. Units and current rents: 3bd, 2 ba - $5100/mo; 3bd, 2ba - 5000/mo; 2bd, 1ba - $3200/mo; and 1bd, 1ba - $2800 /mo. Total monthly rent = $15,550! Don't miss your chance to own this high-performing modern coastal asset!
|
DAYS ON MARKET
|
29
|
LAST UPDATED
|
5/27/2025
|
|
TRACT
|
Ocean Beach
|
YEAR BUILT
|
2024
|
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to May 4, '25
|
$3,300,000
|
|
May 4, '25 - May 27, '25 |
$3,250,000
|
| May 27, '25 - Today |
$3,199,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer |
| CONSTRUCTION |
Stucco |
| HEAT |
Forced Air, Natural Gas |
| LOT |
0 |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
4,000-7,499 SF |
| PARKING |
No Garage |
| STORIES |
1 |
| SUBDIVISION |
Ocean Beach |
| UTILITIES |
Sewer Connected |
| ZONING |
R-4 |
Listed with eXp Realty of California, Inc.
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