4922 Muir Ave Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92107
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,083
Subdivision Ocean Beach
MLS Listing ID 250026167SD
Bedrooms 9
Full Baths 6
Year Built 2024
Property Sub-Type Single Family Residence
Property Description
Variance Granted. RARE OPPORTUNITY – 4 NEWLY CONSTRUCTED UNITS just 2 Blocks from the Ocean Beach Shoreline! Prime coastal investment in one of San Diego's most desirable beach communities with a long history of high appreciation!! This is a turnkey, high-yield property. Ideal for savvy investors or owner-occupants looking to grow their wealth while living the dream - just steps away from the sand, surf, dining, and nightlife, and financed with income generated from the other 3 units. These four beautifully built, contemporary units, offer the ultimate blend of luxury, convenience, and location. All units feature washer & dryer, central heat & air, and stainless-steel appliances. Designated Off-Street Parking for each unit – a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. The "actual scheduled income" is all from long term rentals, but the "projected scheduled income" utilizes one of the units as a short-term rental as allowed. This property offers tremendous versatility - long- or short-term rentals, multi-generational living, house hacking (live in one, rent out the others), with low-maintenance design and top-tier rental appeal.. Ideal property for your 1031 exchange, and the seller will consider a single-family fixer, or property with ADU potential in trade. Units and current rents: 3bd, 2 ba - $5100/mo; 3bd, 2ba - 5000/mo; 2bd, 1ba - $3200/mo; and 1bd, 1ba - $2800 /mo. Total monthly rent = $15,550! Don't miss your chance to own this high-performing modern coastal asset!
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Zoning R-4
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Laundry Gas Dryer Hookup
Exterior
Parking Features Assigned,Other
Pool None
View Y/N No
Roof Type Composition
Building
Story 1
New Construction No
Others
Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan
Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan