4684-88 Voltaire St, Ocean Beach (OB), CA 92107

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List Price
$1,399,000
Status
ACTIVE
MLS#
260024524
Bedrooms
4
Bathrooms
3
Lot Size(apprx.)
5,449
Complex/Building Name
N/A
Property Type
Multifamily
Year Built
2000

Property Description

SELLER FINANCING AVAILABLE. Offered for the first time in decades after long-term family ownership, 4684–88 Voltaire Street presents a three-unit multifamily opportunity in Ocean Beach with below-market rents and renovation potential. Situated on an approximately 5,449-square-foot lot, the property includes one 2-bedroom/1-bath unit, two 1-bedroom/1-bath units and three attached garages with alley access. Deferred maintenance offers an opportunity to enhance the property through thoughtful improvements and pursue long-term income growth. Buyers seeking to live in one unit while earning rental income from the others may also find appeal. CC-4-2 commercial zoning and the three garages offer additional possibilities to evaluate, including garage conversions or mixed-use redevelopment, subject to feasibility and required approvals. Nearby restaurants, cafés and independent shops complement convenient access to OB’s coastline, Dog Beach and Newport Avenue’s dining, shopping and weekly farmers market. Seller financing and the option to acquire the adjacent parcel add flexibility and potential to this opportunity for long-term coastal ownership.

Additional Information

Building Name
N/A
Cooling
None
Lot Size
5,449
Neighborhood
Ocean Beach
Roof
Composition
Tenant Pays
Electricity, Gas/Propane
Year Built
2000

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Aurmon Banitaba (408-772-6307) from Listing Office: CCG RE Investment Services Inc.

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