San Diego, CA 92107,5022 28 Narragansett Ave
San Diego, CA 92107,5022 28 Narragansett Ave
San Diego, CA 92107,5022 28 Narragansett Ave
San Diego, CA 92107,5022 28 Narragansett Ave
San Diego, CA 92107,5022 28 Narragansett Ave
San Diego, CA 92107,5022 28 Narragansett Ave
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$2,100,000

$2,150,000

2.3%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 09/23/2024

Key Details

Sold Price $2,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 240012496SD

Sold Date 09/23/24

HOA Y/N No

Year Built 1948

Property Description

5022-28 Narragansett Ave is a 4-unit property in Ocean Beach, comprising one 2-bed, 1-bath unit and three 1-bed, 1-bath units, along with four single-car garages. With the roof replaced last year, this property offers a prime investment opportunity, with estimated market rents for the 2-bedroom unit at $3,400 and the 1-bedroom units at $2,795. Located west of Bacon Street, close to the water, Ocean Beach Pier, dining, shops, and entertainment, its coastal proximity ensures high demand. With a diverse tenant pool and added value from garages, this investment promises steady rental income and long-term appreciation in Ocean Beach's strong rental market.

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Building/Complex Name Ocean Beach

Interior

Cooling None, See Remarks

Fireplace No

Exterior

View Y/N No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4480820800

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Cash

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California Regional MLS (CRMLS)
Listed by Jason Lee • JLM Real Estate Inc
Bought with Dylan Ackley • JLM Real Estate Inc
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