San Diego, CA 92107,4845 Long Branch Ave
San Diego, CA 92107,4845 Long Branch Ave
San Diego, CA 92107,4845 Long Branch Ave
San Diego, CA 92107,4845 Long Branch Ave
San Diego, CA 92107,4845 Long Branch Ave
San Diego, CA 92107,4845 Long Branch Ave
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$1,711,600

$1,995,000

14.2%
Est.Price: ?

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Est. payment /mo

7,501 Sqft Lot


SOLD DATE : 05/05/2025

Key Details

Sold Price $1,711,600

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 250001401SD

Lot Size 7,501 Sqft

Property Sub-Type Mixed Use

Property Description

Excellent offering 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). Two of the units are currently vacant and ready for the new owner to rent, rehab, or convert to short-term rentals. 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.

Location

State CA

County San Diego

Area 92107 - Ocean Beach

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California Regional MLS (CRMLS)
Listed by Brendan McKee • McKee Properties
Bought with Angelo La Bruna • Apartment Realty Group (ARG)
agent-avatar

+1(702) 807-7044

homes@alexmcgurk.com

3042 S Durango Dr, Las Vegas, NV, 89117, USA

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