4460-4462 Montalvo St, Ocean Beach (OB), CA 92107

$2,200,000
76,632
SqFt
List Price
$2,200,000
Days on Market
9
Status
ACTIVE
MLS#
220010065
Living Sq. Ft
76,632
Lot Size(Range)
4,000-7,499 SF
Lot Size(apprx.)
6,269
City
Ocean Beach (OB)
Neighborhood
Ocean Beach
School District
San Diego Unified School District
Complex/Building Name
N/A
Property Type
Multifamily
Year Built
1950

Property Description

Live the beach life AND enjoy investment income with this charming 3 unit offering on a large lot in Ocean Beach. Remodeled detached 2 bed/1 bath classic beach house with fenced yards, laundry & 1 car garage + TWO additional units in the back (spacious 1 bed/1 bath upstairs apartment with 1 car garage & downstairs 400sf studio with private entrance, shared patio and off-street parking). Montalvo Street is located at the top of a bluff with cool ocean breezes and convenient access to all. Units show pride of ownership and are all in good condition and occupied with great tenants. Current monthly rents are $6315/mth. All appliances convey. Possible RV/Boat parking in rear with alley access. This great Ocean Beach location is walkable and especially convenient with freeway access less than 1 min away, beach less than a mile and midway shopping & entertainment district nearby (Target, grocery, Valley View Arena, etc.). Great neighborhood schools too (OB Elementary, Correia Middle & Point Loma High)! Huge BONUS...Property is in final design approval stage for "Quieter Homes" program to receive new windows, doors & central HVAC system! See supplemental remarks for unit breakdown & more details.

Additional Information

Building Name
N/A
Living Area
76,632
Lot Size
6,269
Lot Size Range
4,000-7,499 SF
Neighborhood
Ocean Beach
Pets
Yes
Stories
1 Story
Style
Res Income 2-4 Units
Year Built
1950
Supplemental
Continued Remarks....FRONT HOUSE is a 2/1, 1000sf classic beach cottage with private fenced front & backyards and attached 1 car garage with washer/dryer. The house is modern and open with recent kitchen & bath remodels, hardwood floors and lots of light. The kitchen has wow factor with new cabinets, center island with bar stools, & stainless appliances. Both yards are easy care and water-wise with turf & succulents, plus space for kids, pets & gardening and storage shed. Summer sunsets are especially stunning with peek ocean view from the charming front yard! At the back of the property above it’s private 1 car garage you’ll find an inviting 600sf 1 BEDROOM, 1 BATH APARTMENT with large bay window, lots of built-ins, newer flooring, private entrance, no shared walls, additional off-street parking and views of the sea world fireworks. Adjacent to the garage and apartment is a 400sf STUDIO with sleeping, living & dining areas and bathroom with shower (no tub). Full kitchen includes range & refrigerator. Private entrance from alley, also accessible via pathway from Montalvo Street. Shared patio/courtyard area adjacent to studio entrance.

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Listing courtesy of AARE

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