4911-4917 Del Mar Avenue
4911-4917 Del Mar Avenue
$3,390,000
2
1
—
—
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Sold 8/16/21
Description
4911-4917 Del Mar Avenue is an eight unit apartment community located half a block from the ocean in the highly desirable neighborhood of south Ocean Beach. The property is comprised of eight large 775 SF two bed/ one bath units on a 7,008 SF lot. Select units feature new flooring, kitchens, granite countertops, new appliances, blinds, ceiling fans and fixtures. Current rents are strong at a 3.72% cap rate; in addition there is 14%+ upside in rental income. Amenities include a common area courtyard,...4911-4917 Del Mar Avenue is an eight unit apartment community located half a block from the ocean in the highly desirable neighborhood of south Ocean Beach. The property is comprised of eight large 775 SF two bed/ one bath units on a 7,008 SF lot. Select units feature new flooring, kitchens, granite countertops, new appliances, blinds, ceiling fans and fixtures. Current rents are strong at a 3.72% cap rate; in addition there is 14%+ upside in rental income. Amenities include a common area courtyard, on-site laundry and on-site parking. This offering is ideal for the astute investor looking to purchase a rare coastal asset in one of San Diego’s most gentrifying beach communities. Due to the property’s close proximity to the beach, the investor will benefit from both long-term appreciation and ability to maximize rental income.
- Listed by Christopher J Sarver • DRE #01886309 • Acre Investment Real Estate
Property Details for 4911-4917 Del Mar Avenue
City Postal ID
OCEAN BEACH (92107)
Location
LISTING UPDATED: 08/19/2021 09:00 AM
Property Details for 4911-4917 Del Mar Avenue
Status | Sold |
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MLS # | 200048842 |
Days on Market | 213 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial-Res Income |
Year Built | - |
Lot Size | 0.16 AC / 7,008 SF |
County | San Diego County |
Location
Building Information for 4911-4917 Del Mar Avenue
Stories-Residences-Year Built-Building Size-Lot Size0.16 AC / 7,008 SF
Payment Calculator
$18,501 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4911-4917 Del Mar Avenue
Property History for 4911-4917 Del Mar 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.
Schools near 4911-4917 Del Mar 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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