Variance Granted. RARE OPPORTUNITY 4 NEWLY CONSTRUCTED UNITS just 2 Blocks from the Ocean Beach Shoreline! Prime coastal investment in one of San Diego s most desirable beach communities with a long history of high appreciation!! This is a turnkey, high-yield property. Ideal for savvy investors or owner-occupants looking to grow their wealth while living the dream - just steps away from the sand, surf, dining, and nightlife, and financed with income generated from the other 3 units. These four beautifully built, contemporary units, offer the ultimate blend of luxury, convenience, and location. All units feature washer dryer, central heat air, and stainless-steel appliances. 5 Designated Parking spots ! a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. The actual scheduled income is all from long term rentals, but the projected scheduled income utilizes one of the units as a short-term rental as allowed. This property offers tremendous versatility - long- or short-term rentals, multi-generational living, house hacking (live in one, rent out the others), with low-maintenance design and top-tier rental appeal.. Ideal property for your 1031 exchange, and the seller will consider a single-family fixer, or property with ADU potential in trade. Units and current rents 3bd, 2 ba - $5100/mo 3bd, 2ba - 5000/mo 2bd, 1ba - $3200/mo and 1bd, 1ba - $2800 /mo. Total monthly rent = $15,550! Don t miss your chance to own this high-performing modern coastal asset!
Contact
760-295-9023
Balboa Real Estate.
CA DRE LIC# 01971429