We are pleased to present 5020–24 Brighton Avenue, a well maintained four unit multifamily asset located in the heart of Ocean Beach, one of San Diego’s most iconic and tightly held coastal communities. This rare offering provides investors the opportunity to own a stabilized, income producing property just blocks from… Read More the beach in a supply constrained, high demand rental market. The property consists of four (4) one bedroom, one bathroom units, each featuring a functional layout, excellent natural light, and a classic beach town living environment that appeals to long term renters. The building sits in a quiet residential pocket of Ocean Beach while remaining walkable to the shoreline, local cafes, restaurants, retail, and the neighborhood’s vibrant coastal lifestyle amenities. Additional onsite features - such as private outdoor areas and off street parking - add to the property’s long term renter appeal and place it among the more desirable small multifamily offerings in this extremely low vacancy coastal submarket. With historically strong occupancy, consistent cash flow, and clear upside potential through interior updates, 5020–24 Brighton Avenue represents a rare chance to acquire a low maintenance coastal multifamily asset in one of San Diego’s most sought after beach communities. Read Less
Property listed by Marcus & Millichap, Austin Huffman 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Year Built
1945
MLS Number
260007614SD
Additional Details
Building
Built in 1945, 1 building, 1 storey, Levels: One
Community
Park Name: Dusty Rhodes Park
Cooling
None
Fence
None
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $72,000, Net Operating Income: $34,719
Taxes
Parcel Number: 4481141700
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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