4682-92 W. Point Loma Blvd. San Diego, CA 92107

Summary

Palma Commercial has secured the exclusive listing to market and sell this large 19-unit apartment property in Ocean Beach, located approximately five blocks from the beach and abutting Dusty Rhodes Park. This property features 4 two-story buildings on 3 adjacent parcels. The unit mix consists of three (3) studios (one of which may be non-conforming), four (4) 1br/1ba units and twelve (12) 2br/1ba units.  There are twelve garages and nineteen surface off-street parking spaces (31 total), as well as a large storage “cavern”, and a laundry room on-site.

In addition to boasting expansive park and/or bay/ocean views from many of the units, several units have their own private outdoor area. Many of the units have been upgraded to include vinyl plank flooring, newer cabinets, stone countertops, ceiling fans and wall heaters. Common area amenities include a swimming pool, BBQ area, and a grassy courtyard with tasteful landscaping.

 

Agent(s) Involved: Joseph Burrough; Caitlyn de Wit
Agency/Representation: Seller and Buyer (Dual)

Transaction Details

Status: Closed
COE Date: 8/14/2023
Price: $10,400,000
Units: 19
Year Built: 1960
Bldg. Size: 13,600 SF
Lot Size: 22,200 SF
Price/Unit: $547,368
Price/SF of RBA: $765
Price/SF of GLA: $468