$1,526,600

  • COMMERCIAL-RES INCOME
  • SOLD
  • MLS# 150007438

Description

Fantastic opportunity to own commercial property in South Ocean Beach. Studio is Pilates Studio. Older, charming 2 BR house has a great fenced front yard. Tri-plex of 3 - 2 bedroom 2 bath units were built in mid 1980's. Each unit has a great floor plan and fully equipped kitchens built over 10 space carport. Long time owners have very low rents. Only 1/2 block to Sunset Cliffs and the Pacific Ocean. POTENTIAL galore!

Property Details

Property type:
Commercial-Res Income
Number of Buildings:
3
Number of Stories:
2
Number of Carports:
10
Total Number of Parking Spaces:
10

Location

County:
San Diego

Directions

Sunset Cliffs to Pt. Loma Avenue.

Additional Details

Number of Units:
5
Number of Leased Apartments:
5
Number of Stories:
2
Total Monthly Rent:
$7,505
Price Per Unit:
$339,000
Down Payment:
50%
Fiscal Year:
13/14
Gross Equity:
$1,245,000
Existing Finance:
Conventional
SqFt of Improvement:
2,726
Lot Size:
.25 Acres or less
Lot Square Footage:
7,000
Assessors Parcel #:
448-351-10-00
Zoning:
C
Tenant Pays Gas:
Yes
Tenant Pays Electric:
Yes
Units with Dishwasher:
3
Units with Disposals:
3
Units with Ranges:
4
Units with Refrigerator:
4
Flood Zone:
Hazard Unknown
Geological Hazard Zone:
Hazard Unknown
Exterior:
Cable Available, Front Sprinklers, Part Fenced, Remarks
Heating Equipment:
Baseboard, Floor Furnace, Other/Remarks
Roof:
Composition
Laundry:
Leased
Parking:
Carports

Unit Details

Unit 1
Number of Units:
4712
Number of Bedrooms:
2
Number of Baths:
2
Rent:
$1,540
Unit Rental Total:
$1,540
Unit 2
Number of Units:
4714
Number of Bedrooms:
2
Number of Baths:
2
Rent:
$1,615
Unit Rental Total:
$1,615
Unit 3
Number of Units:
4716
Number of Bedrooms:
2
Number of Baths:
2
Unit Rental Total:
$1,650
Unit 4
Number of Units:
4718
Number of Bedrooms:
2
Number of Baths:
1
Rent:
$1,700
Unit Rental Total:
$1,700
Unit 5
Number of Units:
4720
Number of Baths:
1.00
Rent:
$1,000
Unit Rental Total:
$1,000

Dimensions

Lot:
50x140

Features

Floor Coverings:
Vinyl, Wall to Wall Carpet
Construction Features:
Block, Drywall, Frame, Stucco
Laundry Utilities:
Leased

Listing provided by

Willis Allen Real Estate
Select a Point of Interest and Radius from the form above.
We're sorry, but no properties that meet this criteria are currently available.
Photo of Ocean Beach - Photo 1
Photo of Ocean Beach - Photo 2
Photo of Ocean Beach - Photo 3
Photo of Ocean Beach - Photo 4
Photo of Ocean Beach - Photo 5
Photo of Ocean Beach - Photo 6
Photo of Ocean Beach - Photo 7

Ocean Beach

The area is home to the Ocean Beach Cottage Emerging Historic District, which has several Craftsman bungalows and cottages. The Ocean Beach business district is dominated by small, independent retail businesses, including many antique stores and boutiques. Residents are committed to maintaining a business district that is locally owned and managed – only a few chain businesses exist... Read More

Presented By

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.