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31859206
31859207

4928 Coronado, San Diego, CA 92107

JP
CA CA 01074104
JP Equity Real Estate
JS
01964760
JP Equity Real Estate
Listed by JP Equity Real Estate
$3,775,000
52 days on market
Updated 1 day ago

4928 Coronado

Details
APN 4481621100
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,821
Units 9
Cap Rate 4.08%
Occupancy 100%
Pro-Forma Cap Rate 3.83%
Price per SqFt $661
Year Built 1970
Buildings 1
Stories 2
Acreage 0.160
Zoning RM-2-4
Parking Spaces 9 spaces
Parking Per SqFt 1.55

Multifamily | 3.41% CAP | 9 Units

Marketing description

Presenting a rare coastal investment opportunity at 4928 Coronado Avenue — a 9-unit residential community ideally situated in the coveted Sunset Cliffs neighborhood of Ocean Beach 92107. Just one block from the ocean, this well-cared-for property offers effortless beach access, placing residents in the heart of one of San Diego's most energetic and desirable coastal lifestyles. With rents offering meaningful upside, this is an ideal opportunity for investors looking to capitalize on the strong rental demand that this irreplaceable beach location commands. The property features On Site parking, common laundry facilities, and mature landscaping, providing residents with comfort and convenience in an unbeatable setting. Step outside and enjoy the invigorating salt air, world-class sunsets, and the legendary Ocean Beach vibe — with Newport Avenue's eclectic dining, boutique shops, local events, and endless beach activities all just blocks away. A true lifestyle and value- add opportunity in one of San Diego's most beloved coastal communities. Units: 3 Two Bedroom Units and 6 One Bedroom Units.. 4 CAR Ports and 5 Spaces

Investment highlights

Sunset Cliffs Neighborhood close to Ocean Beach Action.

Steps to Santa Cruz Beach Access, Sunset Cliffs,

Off Street Parking for tenants--Good Unit Mix, Well Maintained.

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Listing Contacts

JP
CA CA 01074104
JP Equity Real Estate
JS
01964760
JP Equity Real Estate
Listed by JP Equity Real Estate

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Additional Information

Name
Judy Preston, CCIM
License
CA 01074104
Brokerage
Judy Preston
Brokerage Phone
619-309-9559
Title
Broker
Brokerage Address
410 Laurel Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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