Open House: Wed, May 1st 11:00 AM - 12:30 PM PDT

Active

4642-46 Niagara Ave

Ocean Beach CA, 92107

$2,050,000


$1,576.92 per sqft

Active

4 Beds

3 Baths

1,300 sqft

Multi-family

Built in 1947

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.

240008304

MLS ID

April 16, 2024

Listed

April 25, 2024

Updated

Map

4642-46 Niagara Ave
Ocean Beach CA, 92107

Interior Features

Total Stories

1


Bedrooms

4 Beds


Bathrooms

3 Baths


Appliances

Dishwasher, Range/Oven, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Other/Remarks


Heating

No

Exterior/Building Features

Roof

Other

Other Property Details

Area Name

Coastal South


Days on Market

9


Garage

Yes


Parking

Garage


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

2.25%

Open House Schedule

Wed, May 1st

11:00 AM - 12:30 PM PDT

Listed by Marcus & Millichap, Thomas McCartin,
Listing Contact: 858-373-3100 

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Data last updated 7:38 PM UTC, 4/25/2024

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