4976 Long Branch Ave. San Diego, CA 92107

Summary

Ocean Beach – 4976 Long Branch Avenue, an Eight (8) unit apartment property, comprised of Six (6) one-bedroom/one-bathroom units and Two (2) two-bedroom/one-bathroom units, has sold for the first time in over thirty years, for Two Million Five Hundred and Five Thousand Dollars ($2,505,000).

Joe Burrough of Palma Commercial represented the Buyer, a Los Angeles County-based family trust.  Seller and their Agent were also based in Los Angeles County.      

Built around 1960, this property features a two-story building with a front common lawn, charming courtyard, laundry on-site, and four off-street parking spaces.   

Intimate familiarity and transactional expertise in the Ocean Beach sub-market, coupled with the buyer’s willingness to be aggressive on terms, enabled us to help our client win out in a competitive bidding environment with 12+ offers.   

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

Transaction Details

Status: Closed
COE Date: 10/29/2021
Price: $2,505,000
Units: 8
Year Built: 1960
Bldg. Size: 4,560 SF
Lot Size: 4,778 SF
Price/Unit: $313,125
Price/SF of RBA: $549
Price/SF of GLA: $524