San Diego, CA 92107 4642-46 Niagara Ave

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Presented By: Marcus & Millichap;
  • MLS# 240008304
  • 04/16/2024
  • Request Tour
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  • BedBeds • 4
  • BathBaths • 3
  • FootageSQFT • 1,300
  • GarageGarage • 3

Home Details

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.
Presented By: Marcus & Millichap;

Interior Features for 4642-46 Niagara Ave

Bedrooms

Unit 1 # Bedrooms2
Unit 2 # Bedrooms1
Unit 3 # Bedrooms1

Bathrooms

Unit 3 # of Full Baths1
Unit 2 # of Full Baths1
Unit 1 # of Full Baths1
Unit 1 # Total Baths1
Unit 1 # of Half Baths
Unit 2 # Total Baths1
Unit 3 # Total Baths1
Unit 3 # of Half Baths
Unit 4 # Total Baths

Other Interior Features

Unit 1 Estimated SqFt662
Unit 2 Laundry Hook UpsNo
# of Units w/Dryers0
# of Units w/Fireplaces0
# of Units w/Garage3
# of Units w/Range/Oven3
# of Units w/Refrigerator3
# of Units w/Washers
Unit 1 Laundry Hook UpsNo
Unit 2 Estimated SqFt638
Unit 3 Laundry Hook UpsNo
Total Furnished Units
Units w/Cooling
Units w/Dishwashers3

General for 4642-46 Niagara Ave

CFD/Mello-Roos Fee0.0
Community Amenities OCEAN BEACH
CoolingOther/Remarks
Days on Market8
NeighborhoodOcean Beach
Other Fees0.0
RoofOther/Remarks
Sale/RentFor Sale
SecurityOther/Remarks
Senior Community Y/NYes
Stories1 Story
TermsCash, Conventional, Exchange, Seller May Carry, VA, Other/Remarks
Total Units3
Year Built1947

Exterior for 4642-46 Niagara Ave

# of Units w/Patios3
Complex/ParkComplex
ExteriorOther/Remarks
FencingOther/Remarks
Lot Size Area4, 000-7, 499 SF
Number of Buildings2
Unit 1 Exclusive Use YardYes
Unit 2 # of Half Baths0
Unit 2 Exclusive Use YardNo
Unit 3 Exclusive Use YardNo

Additional Details

Price History

1527188455

First Team Client Services

Price $2,050,000
MLS#240008304
List Date 04/16/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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