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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,750,000

Est. payment - /mo

5 Beds

5 Baths

2,132 SqFt

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Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,132 sqft

Price per Sqft $820

MLS Listing ID 260020066

Bedrooms 5

Full Baths 5

Property Sub-Type Com-Res Income

Property Description

Located just 1.5 blocks from the beach in Ocean Beach, within walking distance to restaurants and shops, 5050-54 Brighton Avenue, San Diego, CA 92107 (“Property”) is a five (5) unit multifamily investment property that is comprised of all one-bedroom/one-bathroom units, and has three (3) tandem off-street parking spaces. OB Surf/beach cottage vibes! The units are spread across three separate buildings, including essentially mirror-image two-story duplexes in front, with one unit above the other, each with a private front and rear patios/balconies, and one single-story detached cottage unit that has been renovated inside. Built of wood-frame construction on concrete on grade foundations upon a ±3,837 SF lot, all buildings have pitched composition shingle roofs and wood siding. Units are separately metered for gas and electricity, and the property is on city trash. With very little landscaping at the property, related landscape maintenance, among other operational costs, are minimal. This rare beach-proximate 5-unit property has great flexibility in terms of ways to maximize value, such as a possible increase to rentable building area and/or density via added ADU construction, possibly with a 30 foot high Ocean View ADU over central courtyard and rear parking area. 5050-54 Brighton Avenue boasts close proximity to: the beach(es); Robb Athletic Fields; OB Noodle House; the OB Pier; and best area retail along Newport Avenue, making this a prime property for partial or full short term (vacation) rental operations, for anyone wanting to accelerate revenue growth.

Location

State CA

County San Diego

Area Coastal South

Interior

Flooring Hardwood

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Roof Type Composition

Total Parking Spaces 3

Building

Dwelling Type Apartment

Story 2

Others

Senior Community No

Tax ID 448-114-21-00

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

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Listed by Joseph A Burrough, DRE#02014504 Palma Commercial

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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5050-54 Brighton San Diego, CA 92107