Rare opportunity to acquire a renovated four-unit apartment community in Pacific Beach, one of Southern California's highest-demand coastal rental markets. Located just blocks from the bay, the beach and the area's premier retail and dining corridor, the property benefits from exceptional tenant demand, historically low vacancy, and strong long-term rental… Read More growth. Unlike most apartment properties in the area, all four units are spacious 3-bedroom, 2-bath floor plans that consistently command premium rents. Significant capital improvements include modern kitchens, quartz and granite countertops, stainless steel appliances, luxury plank flooring and updated bathrooms. A Walk Score of 97 further enhances tenant appeal and long-term investment performance. This is a TRUE CASH COW! Read Less
Property listed by Compass, Corey Wyatt 310-259-7556
Listing Snapshot
Days Online
27
Last Updated
Lot Size
0.14 Acres
Year Built
1989
MLS Number
260016799SD
Additional Details
Building
Built in 1989, 2 buildings, 2 stories, Levels: Two
Community
Park Name: N/K
Cooling
None
Heating
NaturalGas
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $219,540, Net Operating Income: $159,656
Lot
0.1433 acres
Roof
Composition
Taxes
Parcel Number: 4230931500, Zoning: R-3:RESTRI
Tenant Pays
CableTv, Electricity, Gas
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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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