Active
4642 46 Niagara Ave
San Diego CA, 92107
$2,050,000
Active
Residential
Built in 1947
Listed by Thomas McCartin with Marcus & Millichap 858-373-3100
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.
240008304SD
MLSⓇ ID
April 16, 2024
Listed
April 25, 2024
Updated
Map
4642 46 Niagara Ave
San Diego CA, 92107
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
See Remarks
Heating
Yes
Exterior/Building Features
Other Property Details
Area Name
92107 - Ocean Beach
Days on Market
8
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
2.25%
Listing Contact: 858-373-3100
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 4/25/2024 at 7:41 PM UTC