Property Description
**$300k Price Reduction on 8/21 with updated rent roll** Rare opportunity to purchase 5 prime units on a wide 7,500 SF lot in the heart of Ocean Beach! The desirable unit mix consists of Three 1-Bedroom Units (one detached house, two cottage style apartments) and Two 2-Bedroom Units (one detached house, one apartment built over the designated parking spaces). Held in the same family trust for over 80 years, the property exudes a pride of ownership that is rarely found with multi-family units at the beach. The property maintains consistently high historical occupancy rates due to its convenient OB location, just three blocks from the beach and close proximity to the shops and restaurants on Newport Ave. There is significant value-add opportunity for a new owner to do selective unit upgrades, as well as a possible development opportunity to add ADU’s where rear parking is located.
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Address Map
U.S.
California
San Diego
San Diego
92107
4845 Long Branch Ave
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Commercial Sale For Sale San Diego

4845 Long Branch Ave, San Diego, San Diego, California, 92107

7,500 Acre
Visits : 1 in 142 days
$2,450,000
Listing ID #240009492SD
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 240009492SD
Price : $2,450,000
Lot Area : 7,500 Acre
Status : Active
Property Sub Type : Mixed Use
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
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