FOR SALE RARE COASTAL OPPORTUNITY – 16 Unit Multi-Family
OCEAN FRONT 16-Unit Multi-Family Investment Property
Property Features
- Rare opportunity to acquire an OCEAN FRONT 16-Unit Multi-Family Investment property on the coast in Ocean Beach. In this 3-story building 4 units have panoramic views of the ocean;
- All other units have full, unobstructed views of San Diego's coastline looking north.
- The building is 100% leased with an excellent, balanced unit mix: five studios, four 1-Brdms, six 2-Bdrms & one 3-Bd/2.5-Ba penthouse duplex.
- Each unit has a private balcony or patio. Compared with the area, the units are larger than average - see OM for floor plans & square footage.
- The 14 parking spaces include 10 gated parking, 3 garages & 1 carport which are currently included in the rent. The property also offers a unique condo-conversion opportunity (based on requirements of the Zoning Code.)
- This is the heart of OB, only 4 blocks from the Newport Ave business district (Walk Score 82).
- A highly sought after and desirable neighborhood, "Ocean Beach is a small community that celebrates and preserves its tradition as a Southern California beach town."
Contact for more information:
Mack Langston
Director, Multifamily & Investment Sales
Lic. 01110555
Jan Sachs
Broker Associate - Investment SAles
Lic. 01964760
Pacific Coast Commercial
6050 Santo Rd. Suite 200
San Diego, CA 92124
(619)469-3600
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