4642 Niagara Avenue
4642 Niagara Avenue
$2,050,000
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3
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Description
We're excited to present a distinctive investment opportunity with 4642-46 Niagara Ave, nestled in the vibrant and sought-after neighborhood of Ocean Beach in San Diego, California. This unique property features a 3-unit, individually condo-mapped apartment complex constructed in 1953, comprising one detached 2 Bed / 1 Bath house and two 1 Bed / 1 Bath units situated above three single-car garages. The property boasts an impressive Walk Score of 94, underscoring its appeal with easy pedestrian access...We're excited to present a distinctive investment opportunity with 4642-46 Niagara Ave, nestled in the vibrant and sought-after neighborhood of Ocean Beach in San Diego, California. This unique property features a 3-unit, individually condo-mapped apartment complex constructed in 1953, comprising one detached 2 Bed / 1 Bath house and two 1 Bed / 1 Bath units situated above three single-car garages. The property boasts an impressive Walk Score of 94, underscoring its appeal with easy pedestrian access to local amenities and the famed OB Pier, located just four blocks away. With its prime coastal location, the property has been self-managed and meticulously maintained, showcasing its potential for immediate occupancy or for strategic renovations to elevate rental incomes to current market rates, thus enhancing overall cash flow and investment value. The convenience of the nearby 8 and 5 freeways offers effortless commuting options, making this an exceptional opportunity to secure a value-add asset in one of San Diego's premier coastal rental markets, where demand remains high and growth potential abounds. This offering represents a chance not only to invest in a piece of San Diego's coastal charm but also to capitalize on the considerable rental growth prospects in a community known for its laid-back lifestyle and scenic beauty.
- Listed by Thomas McCartin • DRE #01427348 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 4642 Niagara Avenue
Cross Streets
Ebers St
AreaOcean Beach (OCB)
HOA Fee Frequency 1Monthly
HOA Fee 2$0
HOA Fee Frequency 2Monthly
Assessor Parcel Number448-502-08-01
Location
LISTING UPDATED: 04/25/2024 10:54 AM
Property Details for 4642 Niagara Avenue
Status | Active |
---|---|
MLS # | 240008304SD |
Days on Market | 15 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1947 |
Lot Size | - |
County | San Diego County |
Location
Building Information for 4642 Niagara Avenue
Stories1Residences-Year Built1947Building Size-Lot Size-
Payment Calculator
$12,045 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4642 Niagara Avenue
Property History for 4642 Niagara Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4642 Niagara Avenue
Taxable ValueLand$790,409Additions$46,888Total$837,297
Tax Record2023$10,288 ($857 / month)
Home Facts
Beds2Total Finished SqFt662 SqFtAbove Grade Finished SqFt662 SqFtLot Size6,954 SqFtStyleCondominiumYear Built1942ZoningR-1:SINGLE FACountySAN DIEGOAPN448-502-08-01
Schools near 4642 Niagara Avenue
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ocean Beach Elementary School PublicK to 4 | ||
Dana Public5 to 6 | ||
Correia Middle School Public7 to 8 | ||
Point Loma High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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