4934 W Point Loma Boulevard

    San Diego, CA 92107
    • $2,850,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: OC20045012
    UPDATED: 227 min ago
    $2,850,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,600
      SQFT
    • $620
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Wonderful California coastal investment opportunity! 4934-4936 West Point Loma is a (4) unit property constructed in 1998, in San Diego's bohemian beach side community; Ocean Beach! The (4) units are a very desirable mix for investors with (2) 3bed/2bath and (2) 2bed/2bath all single level and split between two separate buildings. Each unit has its own balcony and 1 car garage, with 5 additional parking spots, plenty of street parking, and access to the community laundry room on site (currently vacant). Very desirable location right across the bay from Sea world! Just a couple of blocks to the beach, approximately 1/4 mile to the Ocean Beach Pier and Downtown Ocean Beach with a variety of restaurants and shopping, 10 minute drive to Old Town San Diego and less than a 15 minute drive to Downtown San Diego's Gas Lamp District. Ocean Beach (also known as O.B.) is a beachfront neighborhood of San Diego, CA. With its fast growing economy and tourism 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 7 unit property next door; 4930 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/103811286

    4934 W Point Loma Boulevard San Diego, CA 92107

    • Price: $2,850,000
    • Status: Active
    • Updated: 227 min ago
    • ID#: OC20045012
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,600
    SQFT
    $620
    $/SQFT
    1940
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Diego
    Area:
    699 - Not Defined
    Property Description
    Wonderful California coastal investment opportunity! 4934-4936 West Point Loma is a (4) unit property constructed in 1998, in San Diego's bohemian beach side community; Ocean Beach! The (4) units are a very desirable mix for investors with (2) 3bed/2bath and (2) 2bed/2bath all single level and split between two separate buildings. Each unit has its own balcony and 1 car garage, with 5 additional parking spots, plenty of street parking, and access to the community laundry room on site (currently vacant). Very desirable location right across the bay from Sea world! Just a couple of blocks to the beach, approximately 1/4 mile to the Ocean Beach Pier and Downtown Ocean Beach with a variety of restaurants and shopping, 10 minute drive to Old Town San Diego and less than a 15 minute drive to Downtown San Diego's Gas Lamp District. Ocean Beach (also known as O.B.) is a beachfront neighborhood of San Diego, CA. With its fast growing economy and tourism 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 7 unit property next door; 4930 West Point Loma.
    Exterior Features

    Garage Spaces 4.00 Lot Features LandscapedYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features GarageOff Street Parking Total 8.00 Parking YN Yes 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 Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Street LightsSuburban Country Us Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Multiplier 20.00 Gross Scheduled Income 144000.00 Insurance Expense 3300.00 Land Lease YN No Laundry YN Yes Maintenance Expense 6875.00 Net Operating Income 112325.00 New Construction YN No New Taxes Expense 7500.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 31675.00 Other Expense 6200.00 Other Expense Description Utility Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 7800.00 Total Actual Rent 144000.00 Total Expenses 31675.00 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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