5068-70 Niagara Ave, Ocean Beach (OB), CA 92107

$1,851,000
86,825
SqFt
Sold Price
$1,851,000
List Price
$1,749,000
Closing Date
Oct 20, 2023
Days on Market
62
Status
SOLD
MLS#
230018696
Living Sq. Ft
86,825
Lot Size(Range)
4,000-7,499 SF
Lot Size(apprx.)
4,912
City
Ocean Beach (OB)
Neighborhood
Ocean Beach
Complex/Building Name
Ocean Beach
Property Type
Multifamily
Year Built
1962

Property Description

Steps to Ocean Beach Pier. This is a once in a lifetime opportunity. Purchase as an investment or as a primary residence and rent out the other units. Zoned for commercial or residential use and by right eligible for 2 ADUs. This exceptional real estate gem combines the allure of coastal living with the promise of substantial rental income. Nestled in the prime coastal community of Ocean Beach, you will relish the soothing sounds of the waves and the salty sea breeze while being within walking distance of shopping, restaurants, fishing, surfing and more. Currently these units are rented out long term. The potential profit may go up exponentially if these are rented as short term rentals.

Additional Information

Building Name
Ocean Beach
Living Area
86,825
Lot Size
4,912
Lot Size Range
4,000-7,499 SF
Neighborhood
Ocean Beach
Stories
1 Story
Style
Res Income 2-4 Units
Year Built
1962

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Chris Jensen (858-449-1277) from Listing Office: Christen Jensen, Broker.

Selling Office: Christen Jensen, Broker.

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