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… Read More 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. Designated Off-Street Parking for each unit – 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! Read Less
Listed by eXp Realty of California, Inc.858-258-7383, Nathan Winnett
Listing Snapshot
Days Online
44
Last Updated
Property Type
Detached
Beds
9
Full Baths
6
Square Ft.
3,000
Year Built
2024
MLS Number
250026167
30 Days Snapshot Of 92107
$1.84M
+22%
(avg) sold price
9
-40%
homes sold
23
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Second Bedroom
0x0 square feet
Third Bedroom
0x0 square feet
Fourth Bedroom
0x0 square feet
Fifth Bedroom
0x0 square feet
Building
3,000 estimated square feet, Source: Builders Brochure, Built in 2024, 4 units in complex, 1 story
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Based on information from the San Diego MLS /Association of REALTORS®
as of . All data, including all measurements and calculations of area, is
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may or may not be listed by the office/agent presenting the information.
Source: San Diego MLS
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