Sold

5050 Santa Monica

Ocean Beach CA, 92107

$7,000,000


$790.96 per sqft

Sold

3 Beds

8,850 sqft

Commercial

We are pleased to present a 14-unit, value-add multifamily opportunity in the desirable coastal location of Ocean Beach. Originally constructed in 1970, this well-located community offers a mix of 1-bedroom and two-bedroom units. The unit interiors and finishes are mostly original, allowing an investor to complete renovations and achieve substantially higher rents. The property features secured entry, community laundry facilities and a private courtyard with patio seating. 5050 Santa Monica Ave is located just steps away from the beautiful beach and surrounded by abundant eateries, shopping and attractions, all walking distance from the property.

220017917

MLS ID

July 12, 2022

Listed

February 10, 2024

Updated

Map

5050 Santa Monica
Ocean Beach CA, 92107

Interior Features

Total Stories

2


Bedrooms

3


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.24 Acres

Other Property Details

Area Name

Coastal South


Days on Market

13


Garage

Yes


Parking

Garage, Spaces


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

2%

Listed by Eric D. Comer, Broker, Eric D Comer,
Listing Contact: 858-369-3083 

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