5073-79 Lotus Street, Ocean Beach (OB), CA 92107

$2,290,000
Sold Price
$2,290,000
List Price
$2,495,000
Closing Date
Jan 26, 2023
Status
SOLD
MLS#
220024897
Lot Size(Range)
4,000-7,499 SF
Complex/Building Name
Na
Property Type
Multifamily
Year Built
1951

Property Description

*Significant Price Reduction* We are pleased to present the Lotus Street Apartments, a fully renovated four unit offering located two blocks from the sand in the coastal neighborhood of Ocean Beach San Diego. This property is comprised of a 2 bed/ 1 bath unit, three 1 bed/ 1 bath units and four garages situated on a 5,009 square foot lot. Renovated in 2022, upgrades include high end cabinetry, central A/C and heating in each unit, LVP flooring, new appliances, upgraded electrical, tankless water heaters, roofs, plumbing and more. In addition, current rents are strong generating $12K+ month. This offering is ideal for the investor seeking a low maintenance, fully renovated asset in an irreplaceable Southern California location two blocks from the Ocean.

Additional Information

Building Name
Na
Lot Size Range
4,000-7,499 SF
Neighborhood
Ocean Beach
Stories
2 Story
Style
Res Income 2-4 Units
Year Built
1951

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Christopher J Sarver (619-316-5036) from Listing Office: Acre Investment Real Estate.

Selling Office: Berkshire Hathaway HomeService.