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$7,000,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250020229
Lot Size 5,382 Sqft
Acres 0.12
Lot Dimensions 66X126
Property Description
Nestled directly on the iconic Sunset Cliffs, this exceptional oceanfront property offers an unparalleled investment opportunity in one of San Diego's most coveted coastal neighborhoods. Featuring a desirable mix of four 2-bed/1-bath units and 2 large studios, the property is designed to cater to a range of rental strategies, with a mix of long-term and short-term vacation tenants. Two premier units stand out with private oceanfront deck space and dedicated laundry rooms, offering a lifestyle and income potential that is second to none. The property's recent remodeling throughout ensures a modern, turn-key investment, and features private garages and individual utility meters adding to its appeal for tenants and investors alike. With breathtaking panoramic ocean views, reinforced and permitted seawall, and proven rental income, this property provides both immediate returns and lasting value. Beyond the numbers, this rare property captures the essence of coastal living. Sunset Cliffs is not just a location; it's a lifestyle, offering a daily connection to the natural beauty and tranquility of the Pacific Ocean.
Location
State CA
County San Diego
Area Ocean Beach (92107)
Zoning R-4:MULTIP
Interior
Heating Central Forced Air Gas, Other/Remarks
Cooling Other
Flooring Tile, Wall to Wall Carpet, Other/Remarks
Laundry Owned
Exterior
Parking Features Garages
Roof Type Rock/Gravel
Total Parking Spaces 4
Building
Story 2
Lot Size Range .25 Acres or less
Others
Acceptable Financing Cash, Cash to New Loan, Other/Remarks
Space Rent $445,100
Listing Terms Cash, Cash to New Loan, Other/Remarks
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Listed by Dawn Leahy • Pacific Sotheby's Int'l Realty