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Property Description

Rare opportunity to purchase 5 prime units on a wide 7,500 SF lot in the heart of Ocean Beach! The desirable unit mix consists of Three 1-Bedroom Units (one detached house, two cottage style apartments) and Two 2-Bedroom Units (one detached house, one apartment built over the designated parking spaces). Held in the same family trust for over 80 years, the property exudes a pride of ownership that is rarely found with multi-family units at the beach. The property maintains consistently high historical occupancy rates due to its convenient OB location, just three blocks from the beach and close proximity to the shops and restaurants on Newport Ave. There is significant value-add opportunity for a new owner to do selective unit upgrades, as well as a possible development opportunity to add ADU’s where rear parking is located.

Features
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Address Map
CA
San Diego
San Diego
92107
Long Branch Ave
4845
W118° 45' 17.5''
N32° 44' 56.6''
92107 - Ocean Beach
Neighborhood
Neighborhood
MLS Addon
McKee Properties
Brendan McKee
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Additional Information
https://www.propertypanorama.com/instaview/snd/240009492
2024-05-01
5
Listing Information
SAND-653113
SAND-121
Active
2024-05-07T23:11:28Z
CRMLS
2024-04-30T17:00:00Z

Commercial Sale For Sale

4845 Long Branch Ave, San Diego, California 92107

0.17 Acre
$2,750,000
Listing ID #240009492SD
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 240009492SD
Price : $2,750,000
Lot Area : 0.17 Acre
Status : Active
Property Sub Type : Mixed Use
Agent info
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