Sold

5073-79 Lotus Street

Ocean Beach CA, 92107

$2,290,000


$1,065.12 per sqft

Sold

5 Beds

4 Baths

2,150 sqft

Multi-family

Built in 1951

*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.

220024897

MLS ID

September 16, 2022

Listed

February 15, 2024

Updated

Map

5073-79 Lotus Street
Ocean Beach CA, 92107

Interior Features

Total Stories

2


Bedrooms

5 Beds


Bathrooms

4 Baths


Appliances

Dishwasher, Range/Oven, Refrigerator, Dryer, Washer


Laundry Description

Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Roof

Other

Other Property Details

Area Name

Coastal South


Days on Market

84


Garage

Yes


Parking

Garage


View

No


County

San Diego


Pool

No


Zoning

R-4


Buyer Agency Compensation

2%

Listed by Acre Investment Real Estate, Christopher J Sarver,
Listing Contact: 619-316-5036 

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