5073-79 Lotus Street

San Diego, CA 92107

$2,290,000
Last Sold Price
5
Beds
4
Baths
2,150 Sq. Ft.
$1,065 / Sq. Ft.
2,150
Sq. Ft.
$1,065
per Sq. Ft.

Description

Significant Price Reduction We are pleased to present the Lotus Street Apartments, a fully renovated four unit offering located two blocks from the sand in the coastal neighborhood of Ocean Beach San Diego. This property is comprised of a 2 bed/ 1 bath unit, three 1 bed/ 1 bath units and four garages situated on a 5,009 square foot lot. Renovated in 2022, upgrades include high end cabinetry, central A/C and heating in each unit, LVP flooring, new appliances, upgraded electrical, tankless water heaters,...Significant Price Reduction We are pleased to present the Lotus Street Apartments, a fully renovated four unit offering located two blocks from the sand in the coastal neighborhood of Ocean Beach San Diego. This property is comprised of a 2 bed/ 1 bath unit, three 1 bed/ 1 bath units and four garages situated on a 5,009 square foot lot. Renovated in 2022, upgrades include high end cabinetry, central A/C and heating in each unit, LVP flooring, new appliances, upgraded electrical, tankless water heaters, roofs, plumbing and more. In addition, current rents are strong generating $12K+ month. This offering is ideal for the investor seeking a low maintenance, fully renovated asset in an irreplaceable Southern California location two blocks from the Ocean.
  1. Listed by Christopher J Sarver • DRE #01886309 • Acre Investment Real Estate

Property Details for 5073-79 Lotus Street

Area
Ocean Beach (92107)
Neighborhood
Ocean Beach
Community
SAN DIEGO
City Postal ID
OCEAN BEACH (92107)
Cross Street(s)
Abbott

Location

Listing Courtesy of Acre Investment Real Estate, Christopher J Sarver, DRE #01886309

Sold By Berkshire Hathaway HomeService, Eric Eaton, DRE #01741033

Add your commute
LISTING UPDATED: 02/07/2023 02:54 PM

Property Details for 5073-79 Lotus Street

StatusSold
MLS #220024897
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Acre Investment Real Estate, Christopher J Sarver, DRE #01886309

Sold By Berkshire Hathaway HomeService, Eric Eaton, DRE #01741033

Add your commute

Building Information for 5073-79 Lotus Street

Stories2Residences-Year Built1951Building Size-Lot Size-

Payment Calculator

$12,497 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,497

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5073-79 Lotus Street

Summary Information
Property and Location
  • System ID: 220024897
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1951
  • Street Number Numeric: 5073
  • Street Name: Lotus Street
  • Age Restrictions: N/K
  • Market Area: Coastal South
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 4
  • Num of Units w/Cooling: 4
  • Cooling: Central Air
Exterior Features
  • Exterior: Stucco
  • Roof: Other/Remarks
  • Fencing: Other/Remarks
  • Security: Other/Remarks
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Title Company
  • Additional Property Use: ORMKS
  • Zoning: R-4
  • Complex/Park: NA
  • Assessors Parcel Num: 448-133-03-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 5073
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $0
  • Unit 1 Estimated SqFt: 500
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $2,900
  • Unit 1 Rent Actual: $2,900
Unit 2
  • Unit Num for Unit 2: 5075
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 650
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Tenant
  • Unit 2 Projected Rent: $3,500
  • Unit 2 Rent Actual: $3,500
Unit 3
  • Unit Num for Unit 3: 5077
  • Unit 3 Num of Bedrooms: 1
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $0
  • Unit 3 Estimated SqFt: 500
  • Unit 3 Exclusive Use Yard: No
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Occupied: Tenant
  • Unit 3 Projected Rent: $2,900
  • Unit 3 Rent Actual: $2,900
Unit 4
  • Unit Num for Unit 4: 5079
  • Unit 4 Num of Bedrooms: 1
  • Unit 4 Num of Total Baths: 1
  • Unit 4 Deposit: $0
  • Unit 4 Estimated SqFt: 500
  • Unit 4 Exclusive Use Yard: No
  • Unit 4 Laundry Hook Ups: Yes
  • Unit 4 Occupied: Tenant
  • Unit 4 Projected Rent: $2,900
  • Unit 4 Rent Actual: $2,900

Property History for 5073-79 Lotus Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5073-79 Lotus Street

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.

Similar Homes

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Listing Courtesy of Acre Investment Real Estate, Christopher J Sarver, DRE #01886309

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