4918 Santa Monica Ave
- Ocean Beach bungalows with 4 garages
- 2 Blocks off Newport
- Highly walkable and bike friendly
- Secured and gated single story property
Property Description
4918 Santa Monica Ocean Beach Bungalows presents a compelling multifamily investment opportunity featuring 6 units within a 3,330 SF building. Built in 1947, the property offers classic low-rise bungalow character in a single-building configuration that can appeal to investors seeking a highly desirable residential asset. The property offers CC-4-2 zoning, 3 one story buildings, s 4 garages and alley access. The property is gated and provides tenants with outdoor living space within walking distance of OB Pier and two blocks for Newport.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,475,000 |
| No. of Units: | 6 |
| Year Built: | 1947 |
| Lot Size: | 0.17 Acres |
| Opportunity Zone: | No |
| Price per unit: | $412,500 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
921-927 Regal Rd.
Encinitas, CaliforniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout