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