$1,560,000
$1,375,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,014 SqFt
SOLD DATE : 01/24/2022
Key Details
Sold Price $1,560,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,014 sqft
Price per Sqft $1,538
Subdivision Ocean Beach
MLS Listing ID 210032826
Sold Date 01/24/22
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1950
Property Description
4883-4887 Lotus Street is a three unit apartment complex located in the highly desirable community of Ocean Beach San Diego. Totaling approximately 2,259 rentable SF, the subject property consists of a 3 bed/ 1 bath house in the front, two one bed/ one bath units in the rear and a detached garage. The property is situated within walking distance to beaches, shopping, dining and public transportation. Tenants also enjoy the close proximity to downtown San Diego and the San International Airport. Investors will have the option to immediately increase rents for long term rentals or convert to vacation rentals to maximize income. Additionally, the detached garage could possibly be converted to an ADU for added income.
Location
State CA
County San Diego
Community Ocean Beach
Area Ocean Beach (92107)
Building/Complex Name NK
Zoning R-4
Interior
Fireplaces Number 1
Exterior
Exterior Feature Other/Remarks
Fence Other/Remarks
Roof Type Other/Remarks
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Manny Behar • San Diego Home Search Realty