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$3,300,000
Est. payment /mo
2 Beds
10 Baths
3,590 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 3,590 sqft
Price per Sqft $919
MLS Listing ID 260017182
Bedrooms 2
Full Baths 10
Lot Size 9,943 Sqft
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
We are pleased to present 5137-41 Muir Avenue, a 10-unit multifamily property ideally located in the heart of Ocean Beach, one of San Diego's most desirable and supply-constrained coastal neighborhoods. Originally constructed in 1949, the property offers investors the opportunity to acquire a well-located asset with strong in-place rental demand, desirable smaller-unit floor plans, and long-term appreciation potential driven by Ocean Beach's irreplaceable coastal location. The property consists of eight (8) studio / one-bath units and two (2) onebedroom / one-bath units, providing an efficient unit mix that appeals to a broad renter demographic seeking attainable coastal housing. Select units have been renovated with updated interiors, while the property offers attractive outdoor amenities including a shared BBQ area, outdoor fireplace, landscaped common areas, and ample off-street parking. Positioned just a short walk from Ocean Beach, Newport Avenue's vibrant collection of restaurants, cafés, breweries, and nighborhood retail, the property offers an exceptional walkable coastal lifestyle. The asset benefits from an estimated Walk Score® of approximately 87 (“Very Walkable”), allowing residents to complete most daily errands without a vehicle while enjoying immediate access to beaches, parks, and public transit. Ocean Beach continues to experience exceptionally strong rental demand due to limited new development, restrictive coastal zoning, and its unique blend of neighborhood character and beachfront amenities. These market fundamentals position 5137-41 Muir Avenue as a
Location
State CA
County San Diego
Community Bbq
Area Coastal South
Interior
Heating Wall
Cooling Wall/Window
Flooring Vinyl
Fireplace No
Exterior
Parking Features None
View Y/N No
Roof Type Composition
Building
Story 1
Others
Senior Community No
Tax ID 448-043-23-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/260017182
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Listed by Conor M Brennan, DRE#01918598 Conor Brennan, Broker
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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