$1,560,000
$1,375,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/24/2022
Key Details
Sold Price $1,560,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 210032826
Sold Date 01/24/22
HOA Y/N No
Year Built 1950
Property Description
4883-4887 Lotus Street is a three unit apartment complex located in the highly desirable community of Ocean Beach San Diego. Totaling approximately 2,259 rentable SF, the subject property consists of a 3 bed/ 1 bath house in the front, two one bed/ one bath units in the rear and a detached garage. The property is situated within walking distance to beaches, shopping, dining and public transportation. Tenants also enjoy the close proximity to downtown San Diego and the San International Airport. Investors will have the option to immediately increase rents for long term rentals or convert to vacation rentals to maximize income. Additionally, the detached garage could possibly be converted to an ADU for added income. Unit # for Unit 1: 4883 Unit # for Unit 2: 4885 Unit # for Unit 3: 4887 Number of Furnished Units: 0
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Building/Complex Name NK
Zoning R-4
Interior
Cooling None
Fireplace No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4483320200
Financing Conventional
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Bought with Manny Behar • San Diego Home Search Realty
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”