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Listing 20 out of 729
Sold for $915,000 Sold

4926-4928 Santa Monica Avenue
San Diego, CA 92107

3 units | Multi Family 2-4
3498 sq ft - MLS# 180007575
Property Photo
1/25

Sold

Sold for $915,000 on Apr 3, 2018

Description

Unbelievable location! Less than two blocks from the ocean! Buildings need TLC. Lots of value in the land and commercial zoning. Buildings were originally two homes but now front is split into 3 units, vacation rental (avg $3000/mo), a studio apartment ($900/mo) & an "office rental" ($500/mo). Back house is a 3/1 ($2000/mo). Plenty of street parking in front of the property plus one parking space in the back off alley. Perfect opportunity in a rapidly growing area. Do not disturb tenants.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Sold
  • Listing Price: $995,000
  • County/Area: San Diego County
  • Zip Code: 92107
  • Year Built: 1913
  • Subdivision/Neighborhood: Ocean Beach
  • Elementary School: https://www.sandiegounified.org/, San Diego Unified School District
  • Middle School: https://www.sandiegounified.org/, San Diego Unified School District
  • High School: San Diego Unified School District, https://www.sandiegounified.org/
  • Units: 3 units
  • Lot Size: 3498 sq ft
  • Zoning: 6
  • # of Buildings: 2
  • # of Units w/Dryers: 1
  • # of Units w/Patios: 2
  • # of Units w/Range/Oven: 3
  • # of Units w/Refrigerator: 3
  • # of Units w/Washers: 1
  • Cap Rate Actual: 0.05
  • Community: Ocean Beach
  • Fencing: Partial
  • Frontage in Ft: 25
  • Gross Rent Multiplier Act: 18.8
  • Gross Sched Income Actual: 70800
  • Listing Area: OCEAN BEACH (92107)
  • Lot Description: Curbs, Public Street, Sidewalks, Street Paved, West Of I-5
  • Lot Size Area: 1-3, 999 SF
  • Lot SqFt: 3498
  • Parking Non-Garage Unit 1: Assigned, Uncovered
  • Pets: Yes
  • Roof: Composition
  • Sewer/Septic: Sewer Connected
  • Siding: Wood/Stucco
  • Telecommunications: Cable (coaxial)
  • Tenant Pays: Water, Cable TV, Electricity, Hot Water
  • Topography: Level
  • Unit # for Unit 1: 4928
  • Unit # for Unit 2: 4926
  • Unit 1 # Bedrooms: 3
  • Unit 1 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 Deposit: 2000
  • Unit 1 Estimated SqFt: 801
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Projected Rent: 2000
  • Unit 1 Rent Actual: 2000
  • Unit 2 # Bedrooms: 1
  • Unit 2 # Total Baths: 1
  • Unit 2 # of Full Baths: 1
  • Unit 2 Estimated SqFt: 294
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Projected Rent: 3000
  • Unit 2 Rent Actual: 3000
  • Unit 3 # Total Baths: 1
  • Unit 3 # of Full Baths: 1
  • Unit 3 Deposit: 900
  • Unit 3 Estimated SqFt: 248
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 3 Projected Rent: 900
  • Unit 3 Rent Actual: 900
  • Unit 4 Deposit: 500
  • Unit 4 Estimated SqFt: 137
  • Unit 4 Projected Rent: 500
  • Unit 4 Rent Actual: 500
  • Water: Meter on Property
  • Water District: City Of San Diego
  • Water Heater Type: Gas
  • Sold Price: 915000
  • Sold Date: 2018-04-03 00:00:00
Courtesy of Ascent Real Estate, Inc.

 

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