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$ 899,000
Est. payment /mo
New
3540-44 Ocean View Blvd San Diego, CA 92113
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Mountain View (200)
MLS Listing ID 250045264
Bedrooms 7
Full Baths 4
Year Built 1944
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional opportunity to own a well-positioned four-unit property in San Diego's Mountain View neighborhood, a thriving central area with rising rents and ongoing revitalization. Located just minutes from Downtown, Coronado, major freeways, and public transit, this location is highly accessible and attractive to San Diego's growing workforce. The property features two buildings on one lot. The front building is a single-story duplex with a 3 bedroom/1 bathroom unit and a 2 bedroom/1 bathroom unit. The back building is two stories with a 1 bedroom/1 bathroom unit on each floor. Combined, they provide approximately 2,600 square feet of living space on a 6,326 square foot lot, plus six parking spaces, shared coin laundry for residents, and recent exterior upgrades including fresh paint that makes for great curb appeal. Brand new water heater recently installed. All four tenants are month-to-month, giving you flexibility to adjust rents or make changes as you see fit. The current rents are below what the market can support, and with some interior updates, there's real potential to boost income significantly. You could see over 60% growth in rental income, making this a solid value-add play in an area where properties like this are hard to find. This is a turnkey investment with reliable income, room to grow, and a central San Diego location near everything. Perfect for seasoned investors or owner-users looking for long-term appreciation and strong cash flow.
Location
State CA
County San Diego
Community Laundry Facilities
Area Metro Central
Interior
Heating Other/Remarks
Fireplace No
Exterior
Fence Gate, Partial
View Y/N No
Roof Type Composition,Rolled/Hot Mop
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 546-250-07-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Nick Rogers Coldwell Banker Realty