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Julie Innis, REALTOR®
CalBRE #01310521
(619) 985-3820
julieinnis1@cox.net

Pacific Sotheby's International Realty
2850 Womble Rd Suite 102
San Diego, CA 92106
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Listing 14 out of 26
$1,795,000 For Sale

5156 W Point Loma Blvd
San Diego, CA 92107

4 units | Multi Family 2-4
6098 sq ft lot - MLS# 190015831
Property Photo
1/22

Description

WOW! 4 Beachfront units right at the Gateway to Dog Beach, irreplaceable, one of a kind location. Your trophy, generational property! 2 duplexes on an oversized 6127 sq ft lot. 2 2 2br 1ba and 2 1br 1ba. Parking in front. Lot may be splittable per architect! Some view from existing units and you will have unobstructable views from 2nd story. Great opportunity! Some newly constructed properties are a few doors away. Do not disturb the renters. Rents are low. See supplement for more information., Check with the City of San Diego for allowable uses. Conceptual drawings and ideas are concepts only and actual results may vary. See Doc attachment for conceptual drawings for either 3 condos or 2 houses on separate lots. DRAWING AND DOCUMENT DISCLAIMER: "The information contained herein has been obtained from zoning and municipal code analysis. All proposed development is subject to approval by development services."

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92107
  • Year Built: 1955
  • Subdivision/Neighborhood: Dog Beach
  • Units: 4 units
  • Lot Size: 6098 sq ft lot
  • View: Ocean
  • Waterfront: Yes, See Frontage Features
  • Zoning: R-4:MULTIP
  • # of Buildings: 1
  • # of Units w/Patios: 4
  • # of Units w/Range/Oven: 4
  • # of Units w/Refrigerator: 4
  • Annual Expense Actual: 20000
  • Annual Expense Projected: 30000
  • Boat Facilities: No/Unknown
  • Cap Rate Actual: 2.7
  • Cap Rate Projected: 3.8
  • Community: Ocean Beach
  • Fencing: Partial
  • Frontage Features: Ocean/Sand
  • Gross Rent Multiplier Act: 26
  • Gross Rnt Multiplier Proj: 18.6
  • Gross Sched Income Actual: 72000
  • Gross Sched Income Proj.: 100800
  • Heat Equipment: Wall/Gravity
  • Heat Source: Natural Gas
  • Listing Area: OCEAN BEACH (92107)
  • Lot Description: Corner Lot, Curbs, Irregular Lot, Public Street, Sidewalks, Street Paved, West Of I-5
  • Lot Size Area: 4, 000-7, 499 SF
  • Lot SqFt: 6127
  • Net Oper.Income Projected: 70800
  • Pets: Yes
  • Roof: Rock/Gravel
  • Sewer/Septic: Sewer Connected
  • Siding: Stucco
  • Tenant Pays: Electricity, Gas/Propane
  • Terms: Cash, Seller May Carry
  • Topography: Level
  • Unit # for Unit 1: 1
  • Unit # for Unit 2: 2
  • Unit # for Unit 3: 3
  • Unit # for Unit 4: 4
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 Deposit: 1700
  • Unit 1 Estimated SqFt: 750
  • Unit 1 Projected Rent: 2000
  • Unit 1 Rent Actual: 1700
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Total Baths: 1
  • Unit 2 # of Full Baths: 1
  • Unit 2 Deposit: 500
  • Unit 2 Estimated SqFt: 750
  • Unit 2 Projected Rent: 2000
  • Unit 2 Rent Actual: 1500
  • Unit 3 # Bedrooms: 1
  • Unit 3 # Total Baths: 1
  • Unit 3 # of Full Baths: 1
  • Unit 3 Estimated SqFt: 550
  • Unit 3 Projected Rent: 1700
  • Unit 4 # Bedrooms: 1
  • Unit 4 # Total Baths: 1
  • Unit 4 # of Full Baths: 1
  • Unit 4 Deposit: 500
  • Unit 4 Estimated SqFt: 550
  • Unit 4 Projected Rent: 1700
  • Unit 4 Rent Actual: 1300
  • Water: Meter on Property
  • Water District: City Of San Diego
  • Water Heater Type: Gas
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