$1,851,000
$1,749,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
5068 70 Niagara Ave San Diego, CA 92107
4,913 Sqft Lot
Key Details
Sold Price $1,851,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 230018696SD
Sold Date 10/20/23
HOA Y/N No
Year Built 1962
Lot Size 4,913 Sqft
Acres 0.1128
Property Description
Steps to Ocean Beach Pier. This is a once in a lifetime opportunity. Purchase as an investment or as a primary residence and rent out the other units. Zoned for commercial or residential use and by right eligible for 2 ADUs. This exceptional real estate gem combines the allure of coastal living with the promise of substantial rental income. Nestled in the prime coastal community of Ocean Beach, you will relish the soothing sounds of the waves and the salty sea breeze while being within walking distance of shopping, restaurants, fishing, surfing and more. Currently these units are rented out long term. The potential profit may go up exponentially if these are rented as short term rentals.
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Building/Complex Name Ocean Beach
Zoning COMMERCIAL
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
Pool None
View Y/N Yes
View Ocean
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4480812900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Chris Jensen • Christen Jensen, Broker