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Property Description

Rare opportunity 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). 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.

Additional Information
McKee Properties
0
SAND-653113
SAND-121
Brendan
4483212200

Commercial Sale For Sale

4845 Long Branch Ave, San Diego, California 92107

$2,750,000
Listing ID #240009492SD
Basic Details
Status : Active
DaysOnMarket : 7
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 240009492SD
Price : $2,750,000
Country : US
State : California
County : San Diego
City : San Diego
Zipcode : 92107
ModificationTimestamp : 2024-05-07 16:11:00
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