59
See all 59 photos
$3,150,000
Est. payment /mo
9 Beds
6 Baths
3,000 SqFt
Price Dropped by $49K
4922 Muir Ave San Diego, CA 92107
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Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,050
Subdivision Ocean Beach
MLS Listing ID 250026167
Bedrooms 9
Full Baths 6
Year Built 2024
Property Sub-Type Detached
Property Description
Variance Granted. RARE OPPORTUNITY – 4 NEWLY CONSTRUCTED UNITS just 2 Blocks from the Ocean Beach Shoreline! Prime coastal investment in one of San Diego's most desirable beach communities with a long history of high appreciation!! This is a turnkey, high-yield property. Ideal for savvy investors or owner-occupants looking to grow their wealth while living the dream - just steps away from the sand, surf, dining, and nightlife, and financed with income generated from the other 3 units. These four beautifully built, contemporary units, offer the ultimate blend of luxury, convenience, and location. All units feature washer & dryer, central heat & air, and stainless-steel appliances. 5 Designated Parking spots ! – a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. The "actual scheduled income" is all from long term rentals, but the "projected scheduled income" utilizes one of the units as a short-term rental as allowed. This property offers tremendous versatility - long- or short-term rentals, multi-generational living, house hacking (live in one, rent out the others), with low-maintenance design and top-tier rental appeal.. Ideal property for your 1031 exchange, and the seller will consider a single-family fixer, or property with ADU potential in trade. Units and current rents: 3bd, 2 ba - $5100/mo; 3bd, 2ba - 5000/mo; 2bd, 1ba - $3200/mo; and 1bd, 1ba - $2800 /mo. Total monthly rent = $15,550! Don't miss your chance to own this high-performing modern coastal asset!
Location
State CA
County San Diego
Area Coastal South
Zoning R-4
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Appliance Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Solar Panels, Washer
Laundry Gas
Exterior
Parking Features None Known
Fence Full
View Y/N No
Roof Type Composition
Building
Story 1
Sewer Sewer Connected
Level or Stories 1
Others
Tax ID 448-222-13-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/250026167
Listed by Nathan Winnett eXp Realty of California Inc