5068-70 Niagara Ave, San Diego, CA 92107 – 230018696

$1,851,000

Est. payment -/mo

$1,749,000

5.8%

Est.Price: ?

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4 Beds

3 Baths

522 SqFt

SOLD DATE : 10/20/2023

Key Details

Sold Price $1,851,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 522 sqft

Price per Sqft $3,545

Subdivision Ocean Beach

MLS Listing ID 230018696

Bedrooms 4

Full Baths 3

Year Built 1962

Lot Size 4,912 Sqft

Type of Financing Cash,Conventional

Property Description

Steps to Ocean Beach Pier. This is a once in a lifetime opportunity. Purchase as an investment or as a primary residence and rent out the other units. Zoned for commercial or residential use and by right eligible for 2 ADUs. This exceptional real estate gem combines the allure of coastal living with the promise of substantial rental income. Nestled in the prime coastal community of Ocean Beach, you will relish the soothing sounds of the waves and the salty sea breeze while being within walking distance of shopping, restaurants, fishing, surfing and more. Currently these units are rented out long term. The potential profit may go up exponentially if these are rented as short term rentals.

Location

State CA

County San Diego

Community Ocean Beach

Area Ocean Beach (92107)

Building/Complex Name Ocean Beach

Zoning COMMERCIAL

Interior

Heating Natural Gas

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Garage Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K

Fence Partial

View Ocean

Roof Type Composition

Building

Lot Description Sidewalks, Street Paved

Story 1

Sewer Sewer Connected

Water Meter on Property

Others

Acceptable Financing Cash, Conventional

Space Rent $2,395

Listing Terms Cash, Conventional

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Glen Henderson

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Listed by Chris Jensen • Christen Jensen, Broker
Bought with Chris Jensen • Christen Jensen, Broker

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

5068-70 Niagara Ave San Diego, CA 92107

Key Details

Location

Interior

Exterior

Building

Others

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Glen Henderson

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