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    4911 Del Mar Avenue

    San Diego, CA 92107
    • $3,695,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 200048842
    UPDATED: 32 min ago
    $3,695,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    4911-4917 Del Mar Avenue is an eight unit apartment community located half a block from the ocean in the highly desirable neighborhood of south Ocean Beach. The property is comprised of eight large 775 SF two bed/ one bath units on a 7,008 SF lot. Select units feature new flooring, kitchens, granite countertops, new appliances, blinds, ceiling fans and fixtures. Current rents are strong at a 3.46% cap rate; in addition there is 14%+ upside in rental income. Amenities include a common area courtyard, on-site laundry and on-site parking. This offering is ideal for the astute investor looking to purchase a rare coastal asset in one of San Diego+GGs most gentrifying beach communities. Due to the property+GGs close proximity to the beach, the investor will benefit from both long-term appreciation and ability to maximize rental income.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T10:27:34.25. 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 A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/111094213
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    4911 Del Mar Avenue San Diego, CA 92107

    • Price: $3,695,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 200048842
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    92107 - Ocean Beach
    County:
    San Diego
    Area:
    92107 - Ocean Beach
    Property Description
    4911-4917 Del Mar Avenue is an eight unit apartment community located half a block from the ocean in the highly desirable neighborhood of south Ocean Beach. The property is comprised of eight large 775 SF two bed/ one bath units on a 7,008 SF lot. Select units feature new flooring, kitchens, granite countertops, new appliances, blinds, ceiling fans and fixtures. Current rents are strong at a 3.46% cap rate; in addition there is 14%+ upside in rental income. Amenities include a common area courtyard, on-site laundry and on-site parking. This offering is ideal for the astute investor looking to purchase a rare coastal asset in one of San Diego+GGs most gentrifying beach communities. Due to the property+GGs close proximity to the beach, the investor will benefit from both long-term appreciation and ability to maximize rental income.
    Exterior Features

    Lot Size Units Square Feet

    Property Features

    Cap Rate 3.46 Country Us Gross Scheduled Income 208200.00 Operating Expense 74977.00 Property Sub Type Commercial/Residential

    Listing provided courtesy of Christopher Sarver of Acre Investment Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T10:27:34.25. 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 A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    A|G Amaya Group Real Estate
    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555