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For SaleLuxury

$3,800,000

25 days on market

4826 Santa Cruz Ave AVE

San Diego, CA 92107

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

4826-4832 Santa Cruz Ave offers a rare opportunity to acquire a nine-unit multifamily property in the heart of San Diego's desirable Ocean Beach neighborhood. Just two blocks from the beach, the property provides easy access to the ocean, entertainment, eateries, grocery stores, and all the amenities of the famous Newport Ave thoroughfare. The desirable unit mix includes (7) two-bedroom units, (1) one-bedroom unit, (1) studio and (4) garages with ADU potential. Select units have been upgraded with new cabinets, vinyl flooring and stainless-steel appliances. Additionally, the property provides attractive income at in-place rental rates, with value-add and rent increase potential for a new owner. Its premiere beach location makes this an excellent investment opportunity in a highly sought-after rental market.

Listing agent (MLS): Ray Adams · Listing brokerage (MLS): Ray Adams Investment Real Estate Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,800,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

For Sale

Days on Market

25

· 8% down, 7% APR, 30yr fixed
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Courtesy of Ray Adams Investment Real Estate Inc