4930-36 Point Loma 11 Units, Ocean Beach (OB), CA 92107

$8,995,000
12
BD
List Price
$8,995,000
Price Change
▼ $500,000 1566209401
Days on Market
96
Status
ACTIVE
MLS#
190038888
Bedrooms
12
Lot Size(Range)
.25 through .50 Acres
Lot Size(apprx.)
17,000
City
Ocean Beach (OB)
Property Type
Multifamily

Property Description

11 Units Available in Ocean Beach! *3 Buildings on 2 adjacent parcels, about 17k Esf total. Built to Condo-Split. Finish the process and sell as condos or continue to collect nearly 1/2 a Mil. yearly income! [4930 WPL]: Seven 3br/2.5ba Townhomes 1300esf each (4th Optional Bedroom or Formal Dining Room in all), *2 With Bay Views. [4934-36 WPL] Four single level units, (Two 3br/2ba & Two 2br/2ba). The 7 townhomes ftr. laundry in unit & balconies. 15 Underground Parking Spaces, Four 1-Car Garages, Four Uncovered Spaces=Parking for 24! *Unit #11 income $2600 p/mo- not listed below due to MLS limits. Incredible location just a couple of blocks to the beach, backs up to Robb Field Sports Park near Beach Trails, Dog Beach, & lots of new businesses, restaurants! Low Expenses. Always high rental demand! *Kindly refer to showing instructions that do not allow for: walking the property, taking photos, conversing w. tenants. Shown with Confirmed Apt upon receipt of buyer qualifying documentation.

Additional Information

Annual Expense Actual
90800
Construction
Stucco
Gross Rent Multiplier Actual
2
Gross Scheduled Income Actual
11
Gross Scheduled Income Project
478800
Hoa
Yes
Home Owner Fees
$2
Laundry
Owned
Lot Size
17,000
Lot Size Range
.25 through .50 Acres
Mello Roos Fee
$2
Roof
Tile
Stories
1 Story, 2 Story
Style
Com-Res Income

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Res. Brokerage

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