4928 Coronado AVE, San Diego, CA 92107
4928 Coronado AVE, San Diego, CA 92107
4928 Coronado AVE, San Diego, CA 92107
16
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$3,950,000
Est. payment /mo
New

4928 Coronado AVE San Diego, CA 92107

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2602998

HOA Y/N No

Year Built 1970

Tax Year 2025

Property Sub-Type Multi Family

Property Description

Presenting a rare coastal investment opportunity at 4928 Coronado Ave. in San Diego: a 9-unit multifamily property IDEALLY LOCATED ONLY 8 LOTS FROM THE BEACH in the coveted Sunset Cliffs neighborhood of Ocean Beach 92107. With rents offering a significant upside, this is an ideal opportunity for investors looking to capitalize on the strong rental demand this irreplaceable beach location commands. The long time owners have been generous stewards of their long time tenants, HOLDING RENTS APPROX. 30% BELOW AVERAGE MARKET RATES. The property has been very well-maintained with upgraded electric throughout, newer lux. vinyl flooring, updated bathrooms, landscaped courtyard, common laundry and on-site parking for each unit. It's a short walk to the Ocean Beach vibe on Newport Avenue with eclectic dining, boutique shops, local events, and endless beach activities. This is a true lifestyle and value-add opportunity in one of San Diego's most beloved coastal communities. Open the DOCUMENTS tab for the MARKETING BROCHURE which offers detailed info on unit features, upgrades and building elements. Proudly offered by JP Equity Real Estate.

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Zoning RM 2-4

Interior

Heating Electric

Inclusions none

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Carport Spaces 3

Utilities Available Cable Connected, Electricity Connected, Natural Gas Available, See Remarks, Overhead Utilities

Present Use Multi-Family

Total Parking Spaces 9

Building

Lot Description Landscaped, Rectangular Lot, Street Level, Walkstreet, Flat

Dwelling Type Multi Family

Story 2

Others

Tax ID 4481621100

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash,Cash to New Loan,Conventional,Trust Deed

Special Listing Condition Trust

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2602998


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Listed by Jan Sachs JP Equity Real Estate Corp 619-850-9644, DRE #01964760

NEARBY SCHOOL & BUSINESS

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4928 Coronado AVE