$ 3,200,000
4845 Santa Cruz Ave. San Diego, CA 92107
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$ 3,200,000
Est. payment | /mo
$ 3,200,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 240026074SD
HOA Y/N No
Year Built 1986
Property Description
Behold a phenomenal mid-1980s built four-plex that is uniquely well-located in South OB, just 2 blocks from the idyllic Santa Cruz Cove beach, walking distance to the best local restaurants, shops and nightlife, and close to Sunset Cliffs walking trails. Built to condo-specs when initially constructed, there are several ways to maximize income at this property, including modernizing two of the units which have not yet been upgraded. Several four-plexes of this exact architecture/design were duplicated during this era (mid-1980s) around South OB, Pacific Beach, and likely other neighborhoods. At least one of these same builds on the 5000 block of Del Monte Avenue has been successfully converted to individual condominiums, around 2010. This opportunity may be gone... These well-built units are all basically identical and feature spacious kitchen and living areas, equipped with full appliance packages (incl. d/w), fireplaces, and spacious private patios downstairs off of the kitchens. Upstairs between the dual-master bedrooms is a laundry closet with hookups and side-by-side washer/dryers. Units feature central heat. There are five (5) tandem off-street parking spaces at the property.
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Building/Complex Name NA
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4482622200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Joseph Burrough • Palma Commercial
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Kris Rainwaters
REALTOR® | Lic# 02111780