San Diego, CA 92107,4642 46 Niagara Ave
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San Diego, CA 92107,4642 46 Niagara Ave
San Diego, CA 92107,4642 46 Niagara Ave
San Diego, CA 92107,4642 46 Niagara Ave
San Diego, CA 92107,4642 46 Niagara Ave

$2,000,000

Est. payment /mo

$2,050,000

2.4%
Est.Price: ?

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4642 46 Niagara Ave San Diego, CA 92107

SOLD DATE : 08/01/2024

Key Details

Sold Price $2,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 240008304SD

Sold Date 08/01/24

HOA Y/N No

Year Built 1947

Property Description

We're excited to present a distinctive investment opportunity with 4642-46 Niagara Ave, nestled in the vibrant and sought-after neighborhood of Ocean Beach in San Diego, California. This unique property features a 3-unit, individually condo-mapped apartment complex constructed in 1953, comprising one detached 2 Bed / 1 Bath house and two 1 Bed / 1 Bath units situated above three single-car garages. The property boasts an impressive Walk Score of 94, underscoring its appeal with easy pedestrian access to local amenities and the famed OB Pier, located just four blocks away. With its prime coastal location, the property has been self-managed and meticulously maintained, showcasing its potential for immediate occupancy or for strategic renovations to elevate rental incomes to current market rates, thus enhancing overall cash flow and investment value. The convenience of the nearby 8 and 5 freeways offers effortless commuting options, making this an exceptional opportunity to secure a value-add asset in one of San Diego's premier coastal rental markets, where demand remains high and growth potential abounds. This offering represents a chance not only to invest in a piece of San Diego's coastal charm but also to capitalize on the considerable rental growth prospects in a community known for its laid-back lifestyle and scenic beauty.

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Building/Complex Name Complex

Interior

Cooling See Remarks

Fireplace No

Exterior

View Y/N No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4485020801

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Financing Cash

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California Regional MLS (CRMLS)
Listed by Thomas McCartin • Marcus & Millichap
Bought with Thomas McCartin • Marcus & Millichap

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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