4912-16 Cape May Ave. San Diego, CA 92107


Palma Commercial has secured the exclusive listing to market and sell 4912-16 Cape May Ave., a 4-unit apartment property in Ocean Beach, located only 2.5 blocks from the beach and walking distance to restaurants/shops! This property features all detached units, with three (3) 1br/1ba cottage units and one large 2br/1ba single family residence in front.  Additionally, there are two (2) garages, and a large storage shed on-site.

All units have their own private or quasi-private outdoor area.  There are several options for adding density, i.e. via garage to ADU conversion(s).  With all detached units, this property is a good candidate for short term rental operations.

Agent(s) Involved: Joseph Burrough
Agency/Representation: Seller

Transaction Details

Status: Active
COE Date: NA
Price: $1,985,000
Units: 4
Year Built: 1928
Bldg. Size: 2,438 SF
Lot Size: 6,990 SF
Price/Unit: $496,250
Price/SF of RBA: $814
Price/SF of GLA: $284