San Diego, CA 92107,4305-7 Temecula St
San Diego, CA 92107,4305-7 Temecula St
San Diego, CA 92107,4305-7 Temecula St
$1,420,000
Est. payment /mo
$1,399,000
1.5%
Est.Price: ?

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4 Beds
3 Baths
500 SqFt
SOLD DATE : 08/06/2024

Key Details

Sold Price $1,420,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 500 sqft

Price per Sqft $2,840

Subdivision Ocean Beach

MLS Listing ID 240016005

Sold Date 08/06/24

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1957

Lot Size 3,129 Sqft

Property Description

Introducing a rare investment opportunity in the heart of Ocean Beach! This recently updated triplex presents three units with endless potential. The upper unit boasts stunning views and comes fully furnished, offering an ideal opportunity for immediate use as a furnished rental. Each unit has been updated, featuring modern stylish finishes throughout. The property commands a solid 4.8% cap rate as a long-term rental, with the potential to achieve an impressive 8% cap rate as a furnished rental, making it a lucrative prospect for savvy investors. Located just a 6-minute bike ride from the beach in the vibrant Ocean Beach community, this triplex is perfectly positioned to capitalize on the high demand for both long-term and furnished rentals. Don't miss the chance to own a prime income-generating property in this sought-after coastal enclave!

Location

State CA

County San Diego

Community Ocean Beach

Area Ocean Beach (92107)

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco

View Lagoon/Estuary

Roof Type Composition

Building

Story 2

Lot Size Range 1-3999 SF

Water Meter on Property

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, VA

Space Rent $2,500

Listing Terms Cash, Conventional, VA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Twana Rasoul • Compass
Bought with Kimberly Schmidt • Compass

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Alvin Newton

+1(858) 876-7055

Realtor | License ID: 01858045

Realtor License ID: 01858045

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