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3969 Ocean Front Walk

San Diego, CA 92109
  • $4,398,000
  • STATUS: ACTIVE
  • ON SITE: 26 Days
  • ID#: 210030641
UPDATED: 35 min ago
$4,398,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Description

VIEWS & INCOME- this is an investors dream. These 3 separate units being sold together offer you stunning white water views, beautiful living space and a well established revenue stream. This is the entire lower floor of the building featuring a 2 bed/2 bath unit, a 1 bed/ 1 bath unit and a studio unit. Parking for 4 and close to all the best restaurants while directly on the sand- you can't beat this opportunity. It will not last. The entire building went thru a major upgrade two years ago including rooftop remodel, all new stucco and windows, new patio upgrades / BBQ island, furniture, interior hallways, low voltage wiring, staircase carpeting, etc. A partial roof around the building was removed and new security and automatic lighting.

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This 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 San Diego MLS. 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.themarellygroup.com/homes/123075174
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3969 Ocean Front Walk San Diego, CA 92109

  • Price: $4,398,000
  • Status: ACTIVE
  • On Site: 26 Days
  • Updated: 35 min ago
  • ID#: 210030641
5
Beds
5
Baths
0
½ Baths
0.1
Acres
1972
Built
Neighborhood:
Pacific Beach
County:
San Diego
Area:
Pacific Beach (92109)
Property Description
VIEWS & INCOME- this is an investors dream. These 3 separate units being sold together offer you stunning white water views, beautiful living space and a well established revenue stream. This is the entire lower floor of the building featuring a 2 bed/2 bath unit, a 1 bed/ 1 bath unit and a studio unit. Parking for 4 and close to all the best restaurants while directly on the sand- you can't beat this opportunity. It will not last. The entire building went thru a major upgrade two years ago including rooftop remodel, all new stucco and windows, new patio upgrades / BBQ island, furniture, interior hallways, low voltage wiring, staircase carpeting, etc. A partial roof around the building was removed and new security and automatic lighting.
Exterior Features

Exterior Stucco Fencing N/K Roof Tile/Clay Unit1 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 1

Interior Features

Cooling N/K Furnished Units 3 Half Baths Unit1 0 Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 0

Property Features

Actual Cap Rate 8.1 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 36284 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Pacific Beach Complex Park Ocean Front Walk Cross Streets York Ct Gross Rent Multiplier Actual 11.0 Gross Scheduled Income Actual 394323 Home Owners Assoc Fee Includes N/K Home Owners Assoc Payment Freq Monthly Home Owners Fee Reflects Month Home Owners Fees 480.0 Home Owners Total Fees 5760.0 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 480 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms CashConventional Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 197696.0 Zoning R-1:Single

Listing provided courtesy of Exp Realty Of California Inc. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
This 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 San Diego MLS. 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003