Active

4845 Long Branch Ave

San Diego CA, 92107

$2,750,000


Active

Commercial

Listed by Brendan McKee with McKee Properties 619-435-7780

Rare opportunity to purchase 5 prime units on a wide 7,500 SF lot in the heart of Ocean Beach! The desirable unit mix consists of Three 1-Bedroom Units (one detached house, two cottage style apartments) and Two 2-Bedroom Units (one detached house, one apartment built over the designated parking spaces). Held in the same family trust for over 80 years, the property exudes a pride of ownership that is rarely found with multi-family units at the beach. The property maintains consistently high historical occupancy rates due to its convenient OB location, just three blocks from the beach and close proximity to the shops and restaurants on Newport Ave. There is significant value-add opportunity for a new owner to do selective unit upgrades, as well as a possible development opportunity to add ADU's where rear parking is located.

240009492SD

MLS ID

May 1, 2024

Listed

May 9, 2024

Updated

Map

4845 Long Branch Ave
San Diego CA, 92107

Interior Features

Fireplace

No


Cooling

Yes


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

92107 - Ocean Beach


Days on Market

6


Garage

No


Parking Total

5


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

2%

Listing Contact: 619-435-7780 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:35 PM UTC

 

Powered byLuxury Presence