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San Diego, CA 92107,4883 4887 Lotus Street
San Diego, CA 92107,4883 4887 Lotus Street
San Diego, CA 92107,4883 4887 Lotus Street
$1,560,000
Est. payment /mo
$1,375,000
13.5%
Est.Price: ?

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SOLD DATE : 01/24/2022

Key Details

Sold Price $1,560,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 210032826

Year Built 1950

Property Description

4883-4887 Lotus Street is a three unit apartment complex located in the highly desirable community of Ocean Beach San Diego. Totaling approximately 2,259 rentable SF, the subject property consists of a 3 bed/ 1 bath house in the front, two one bed/ one bath units in the rear and a detached garage. The property is situated within walking distance to beaches, shopping, dining and public transportation. Tenants also enjoy the close proximity to downtown San Diego and the San International Airport. Investors will have the option to immediately increase rents for long term rentals or convert to vacation rentals to maximize income. Additionally, the detached garage could possibly be converted to an ADU for added income. Unit # for Unit 1: 4883 Unit # for Unit 2: 4885 Unit # for Unit 3: 4887 Number of Furnished Units: 0

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Building/Complex Name NK

Zoning R-4

Interior

Cooling None

Building

Story 2

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California Regional MLS (CRMLS)
Listed by Christopher Sarver • Acre Investment Real Estate
Bought with Manny Behar • San Diego Home Search Realty
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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