San Diego, CA 92107,4845 Santa Cruz Ave.
San Diego, CA 92107,4845 Santa Cruz Ave.
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$3,200,000

$3,200,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 11/15/2024

Key Details

Sold Price $3,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 240026074SD

Sold Date 11/15/24

HOA Y/N No

Year Built 1986

Property Description

Behold a phenomenal mid-1980s built four-plex that is uniquely well-located in South OB, just 2 blocks from the idyllic Santa Cruz Cove beach, walking distance to the best local restaurants, shops and nightlife, and close to Sunset Cliffs walking trails. Built to condo-specs when initially constructed, there are several ways to maximize income at this property, including modernizing two of the units which have not yet been upgraded. Several four-plexes of this exact architecture/design were duplicated during this era (mid-1980s) around South OB, Pacific Beach, and likely other neighborhoods. At least one of these same builds on the 5000 block of Del Monte Avenue has been successfully converted to individual condominiums, around 2010. This opportunity may be gone... These well-built units are all basically identical and feature spacious kitchen and living areas, equipped with full appliance packages (incl. d/w), fireplaces, and spacious private patios downstairs off of the kitchens. Upstairs between the dual-master bedrooms is a laundry closet with hookups and side-by-side washer/dryers. Units feature central heat. There are five (5) tandem off-street parking spaces at the property.

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Building/Complex Name NA

Interior

Cooling None

Fireplace No

Exterior

Fence Partial

View Y/N No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4482622200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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California Regional MLS (CRMLS)
Listed by Joseph Burrough • Palma Commercial
Bought with Jamie Tuckey • Compass
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