Properties

Property Description

We’re excited to present a distinctive investment opportunity with 4642-46 Niagara Ave, nestled in the vibrant and sought-after neighborhood of Ocean Beach in San Diego, California. This unique property features a 3-unit, individually condo-mapped apartment complex constructed in 1953, comprising one detached 2 Bed / 1 Bath house and two 1 Bed / 1 Bath units situated above three single-car garages. The property boasts an impressive Walk Score of 94, underscoring its appeal with easy pedestrian access to local amenities and the famed OB Pier, located just four blocks away. With its prime coastal location, the property has been self-managed and meticulously maintained, showcasing its potential for immediate occupancy or for strategic renovations to elevate rental incomes to current market rates, thus enhancing overall cash flow and investment value. The convenience of the nearby 8 and 5 freeways offers effortless commuting options, making this an exceptional opportunity to secure a value-add asset in one of San Diego’s premier coastal rental markets, where demand remains high and growth potential abounds. This offering represents a chance not only to invest in a piece of San Diego’s coastal charm but also to capitalize on the considerable rental growth prospects in a community known for its laid-back lifestyle and scenic beauty.

Features
: See Remarks
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Address Map
CA
San Diego
San Diego
92107
Niagara Ave
4642 46
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N0° 0' 0''
92107 - Ocean Beach
CrossStreet: Ebers St
Neighborhood
Neighborhood
MLS Addon
Marcus & Millichap
Thomas McCartin
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Additional Information
https://www.propertypanorama.com/instaview/snd/240008304
1
1
Complex
2024-04-18
3
: One
Listing Information
SAND-641894
SAND-62951
Cash,Conventional,VA Loan
Active
2024-04-25T17:54:41Z
CRMLS
2024-04-16T17:00:00Z

Residential Income For Sale

4642 46 Niagara Ave, San Diego, California 92107

$2,050,000
Listing ID #240008304SD
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240008304SD
Price : $2,050,000
Year Built : 1947
Status : Active
Agent info
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