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… Read More 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! Read Less
Property listed by eXp Realty of California, Inc., Nathan Winnett 858-258-7383
Listing Snapshot
Days Online
56
Last Updated
Property Type
Single Family Residence
Beds
9
Full Baths
6
Square Ft.
3,000
Year Built
2024
MLS Number
250026167SD
30 Days Snapshot Of 92107
$1.68M
+10%
(avg) sold price
10
+11%
homes sold
50
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Built in 2024, Levels: One, Living area: 3000, 1 story, Construction materials: Stucco
Cooling
CentralAir
Heating
ForcedAir, NaturalGas
Laundry
GasDryerHookup
Parking
5 open parking spaces, 5 totals parking, Assigned
Pool
None
Property
Zoning: R-4
Roof
Composition
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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