2114 Abbott St., Ocean Beach (OB), CA 92107

$2,560,000

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List Price
$2,560,000
Status
ACTIVE
MLS#
260020107SD
Lot Size
3,814
Acres
0.09
Days on Market
1
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

It is a pleasure to present for sale 2114 Abbott Street, San Diego, CA 92107, an Ocean Beach multifamily property that benefits greatly from being located less than 1 block from a wide sandy beach with surf, as well as close to neighborhood retail along Newport Avenue (4 blocks), and the OB Pier (5 blocks)! This property is comprised of Three (3) studio apartments and Five (5) relatively small 1Br/1Ba apartments. There are three (3) functional garages and one (1) large storage-only garage, as well as one (1) surface off-street parking space. Units and common area hallways are in average condition, ripe for full modernization, with some deferred maintenance items (such as likely wood rot around several window frames, garage door frames, et al.), for this diamond in the rough. Charming property with peek ocean views from select units, ripe for full modernization. To be delivered with three (3) vacant units. Private patios/balconies at select units.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Exterior Construction
Frame
Roof
Composition
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$169,800
Operating Expense
62401

Listing courtesy of Listing Agent: Joseph Burrough (jburrough@palmacommercial.com) from Listing Office: Palma Commercial.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.