16
See all 16 photos
$1,711,600
$1,995,000 14.2%
Est. payment /mo
7,501 Sqft Lot
Sold on 05/05/2025
4845 Long Branch Ave San Diego, CA 92107
GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
UPDATED:
Key Details
Sold Price $1,711,600
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250001401SD
Lot Size 7,501 Sqft
Property Sub-Type Mixed Use
Property Description
Excellent offering 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). Two of the units are currently vacant and ready for the new owner to rent, rehab, or convert to short-term rentals. 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.
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Listed by Brendan McKee • McKee Properties
Bought with Angelo La Bruna • Apartment Realty Group (ARG)
Bought with Angelo La Bruna • Apartment Realty Group (ARG)