4930 W Point Loma Boulevard

    San Diego, CA 92107
    • $5,850,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: OC20045921
    UPDATED: 116 min ago
    $5,850,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,162
      SQFT
    • $576
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1995
    County:

    School Ratings & Info

    Description

    Unique opportunity to own a (7) unit property constructed in 1995, in one of San Diego's premier beach communities; Ocean Beach! Property is situated on an approximate 13,470 sq ft large over sized treed lot. Each of the (7) town home style units are approximately 1400 sq ft and feature; 3bed/2.5bath with all bedrooms up, open floor plan with an additional bonus room downstairs, laundry hook ups, and all units have a balcony, 2 with views of the bay! Rare underground parking garage with 15 assigned parking spaces and plenty of street parking. Amazing location right across the bay from Sea world! Just a couple of blocks to the ocean, and a few more to the Ocean Beach Pier and Downtown Ocean Beach with tons of restaurants and shopping, and less than a 15 minute drive to Downtown San Diego's famous Gas Lamp District. Ocean Beach (also known as O.B.) is a beachfront neighborhood of San Diego, CA. With its fast growing economy San Diego is now the 2nd largest city in California and the 8th largest city in the U.S. This property can be purchased along with the 4 unit property next door; 4934 West Point Loma.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-03T00:29:30.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/103811290

    4930 W Point Loma Boulevard San Diego, CA 92107

    • Price: $5,850,000
    • Status: Active
    • Updated: 116 min ago
    • ID#: OC20045921
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    10,162
    SQFT
    $576
    $/SQFT
    1995
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Diego
    Area:
    699 - Not Defined
    Property Description
    Unique opportunity to own a (7) unit property constructed in 1995, in one of San Diego's premier beach communities; Ocean Beach! Property is situated on an approximate 13,470 sq ft large over sized treed lot. Each of the (7) town home style units are approximately 1400 sq ft and feature; 3bed/2.5bath with all bedrooms up, open floor plan with an additional bonus room downstairs, laundry hook ups, and all units have a balcony, 2 with views of the bay! Rare underground parking garage with 15 assigned parking spaces and plenty of street parking. Amazing location right across the bay from Sea world! Just a couple of blocks to the ocean, and a few more to the Ocean Beach Pier and Downtown Ocean Beach with tons of restaurants and shopping, and less than a 15 minute drive to Downtown San Diego's famous Gas Lamp District. Ocean Beach (also known as O.B.) is a beachfront neighborhood of San Diego, CA. With its fast growing economy San Diego is now the 2nd largest city in California and the 8th largest city in the U.S. This property can be purchased along with the 4 unit property next door; 4934 West Point Loma.
    Exterior Features

    Garage Spaces 0.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Gas Dryer HookupWasher Hookup Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.08 Community Features Suburban Country Us Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Multiplier 17.37 Gross Scheduled Income 336840.00 Insurance Expense 3700.00 Land Lease YN No Laundry YN Yes Maintenance Expense 11832.00 Net Operating Income 267150.00 New Construction YN No New Taxes Expense 22050.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 7 Operating Expense 69690.00 Other Expense 22782.00 Other Expense Description Utility Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 9326.00 Total Actual Rent 336840.00 Total Expenses 69690.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning R4

    Listing provided courtesy of Michael Bertelson of Vandermeulen Investment Proper and Bryan Pore of Vandermeulen Investment Proper


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-03T00:29:30.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
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