5018 Saratoga Ave

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Address: 5018 Saratoga Ave, San Diego, CA 92107, USA

California & West + Apartment Buildings

Created date: August 27, 2024

Date last updated: August 27, 2024

• Just Over 1 Block To Beach In The Highly
Gentrifying Ocean Beach Neighborhood
Of San Diego
• Rare Unit Mix Of Large 2-Bedroom
(approx. 800sf) & 1-Bedroom Units
(approx. 450sf)
• Walkable to Popular Sunset Cliffs
Boulevard & Newport Avenue Retail &
Entertainment
• Large Private Courtyard, Nine Off-Street
Parking Spaces & Six Storage Lockers
• Major Improvements To Windows, Interiors,
Roof & Subpanels & Landscaping Recently
• Only 6 Ocean Beach Complexes Above 4
Units Have Traded In 2023; High Barrier
Market

Property Description

The Brennan Group is pleased to exclusively present for sale 5018 Saratoga Avenue, an extremely well-maintained 6-unit apartment investment opportunity a little over a block to the beach. Composed of a desirable mix of four 2-bedroom /1-bath units (approximately 800sf) and two 1-bedroom / 1-bath units (approximately 450sf), this 2-building apartment community rests on a 6,913 square foot lot primed and ready for the construction of additional units. In recent years windows have been replaced with dual pane, all rear subpanels have been replaced, gfci plugs added throughout, interiors have been partially upgraded, landscaping has been updated, and roof replaced. There are nine off-street parking spaces, six storage lockers and flexibility in future property operations as tenants are on month-to-month rental agreements.

Available

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Property Types:	Apartment Buildings
Price:	$3,495,000
No. of Units:	6
Lot Size:	6,913.00 Sq ft
Opportunity Zone:	No
Price per unit:	$582,500