1466-74 Pescadero Dr San Diego, CA 92107
UPDATED:
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2699900
/mo

1475 Beds

4 Baths

550 SqFt

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Key Details

Property Type: Multi-Family

Year Built: 1958

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 190036515

Price per Sqft: $4,908

Type of Financing: Cash,Conventional

Property Description

Top opportunity in area all on the waters edge. High ocean front cap rate / return from day 1. Occupancy over 90% as STR, highly desirable with upside potential. Each unit has one parking space, recently updated, patios and shared area on on the waters edge - this is what renters and vacationers want. Great for first time investor, live in one rent other three out. Income has increased YoY. Recent capital improvement of over $600k with new sea wall. Think bigger and develop further for bigger returns.

Location

State: CA

County: San Diego

Community: Ocean Beach

Area: Ocean Beach (92107)

Rooms

Full Baths: 4

Interior

Cooling: Other/Remarks

Air Conditioning: Other/Remarks

Exterior

Exterior Feature: Stucco

Fence: Other/Remarks

Community Features: BBQ,Spa/Hot Tub

Complex Features: BBQ,Spa/Hot Tub

View: Panoramic Ocean

Roof Type: Other/Remarks

Complex Features: BBQ,Spa/Hot Tub

Building

Story: 1 Story

Lot Size Range: 4000-7499 SF

Schools

Elementary Schools: Sunset View Elementary School,Dana Middle School

Middle Schools: Correia Middle School

High Schools: Point Loma High School

School District: San Diego City Unified School District

Others

Senior Community: no

Pets Allowed: Allowed w/Restrictions

Acceptable Financing: Cash,Conventional

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Listing Provided By David M. Rudd (CA BRE #01402946) of Keller Williams Carmel Valley

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    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate CA BRE # 01384181

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