Serving North County & the Greater San Diego region.
Water Views
Address
4774-4780 W Point Loma Blvd. San Diego, CA
Price
$ 3,750,000
Property Attributes
  • MLS#210032417
  • TypeIncome
  • CountySAN DIEGO
  • CitySan Diego
  • AreaCoastal South
  • NeighborhoodCoastal South
  • Zip92107
  • Style
  • Price$ 3,750,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage6300
  • Lot Size6,771 SqFt
Listing Provided Courtesy Of:
NorthMarq Multifamily
Data Source:
San Diego Regional MLS (SDMLS)
Property Description

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.

Price History
12/1/2021 Listed $3,750,000

General Features

# Of Units (1) 6
# Of Units (2) 2
Amenities Other/Remarks
Sale/rent For Sale
Total Units 8

Interior Features

Baths in Unit 1 1.0
Baths in Unit 2 1.0
Bedrooms in Unit 1 2
Bedrooms in Unit 2 1

Exterior Features

Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92107

Price
AVG $2.5M
$3.75M
Visits
AVG 56
113
Walkscore
AVG 76
71
Data Provided by Walkscore ® not using MLS data

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