Ocean Beach Investment/Owner User Property
Mixed Use | 5,176 SqFt
Marketing description
Just north of Point Loma, Ocean Beach is a small beach town and a favorite among locals who spend their days surfing, sunbathing around the pier, hanging out in their vintage VW vans, and strolling through the many surf shops, taco stands and unique local boutiques. Ocean Beach has a throwback groovy vibe of vintage SoCal, coupled with friendly locals, great dining and micro brews, and a vibrant nightlife scene.
A local favorite in Ocean Beach is The Pier at the foot of Newport Avenue. This is one of the longest piers in Southern California, extending a half mile out to sea and one of the most visited landmarks in San Diego County. Newport Avenue Beach is perhaps the most popular beach in Ocean Beach for surfers and people just enjoying the sights or hanging out. Newport Avenue is lined with shops, restaurants and bars for your pleasure while visiting
There is a celebration once a week at the OB Farmers Market. This eclectic open air market is a Certified Farmers Market (CFM) through the California Department of Agriculture. There are over 100 vendors including certified farmers, artisans and crafters selling pre-packaged food and hot food featuring cuisine from around the world.
Investment highlights
- An approximately 3,800 SF retail storefront on 5,000 SF lot
- Zoned CC-4-2 (Community-serving commercial) which is attended to accommodate development with a pedestrian orientation
- Ocean Beach Upholstery has been there for nearly 50 years
- Tenant is on a month - month lease allowing for an owner-user or investor to raise rents substantially
- Ample street parking with 5 spaces located in the rear belonging to the property
- Excellent demographics
- An approximately 1,376 SF, 3-bedroom, 2 bath single family home on a 5,000 SF lot with a 2 car garage
- Zoned CC-4-2 which calls for 1 unit/1,500 SF
- Tenant is on a month - month lease
- First time on the market for sale in 50 years
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