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1558 Ebers St 4 Unit Apartment Building $3,900,000 ($975,000/Unit) 4.36% Cap Rate San Diego, CA 92107
Executive Summary
This exceptional 2-Story Single Family beach home property includes 3- 2/1 units and is situated in the burgeoning Ocean Beach community of San Diego. This property boasts a prime location just a block and a half from the ocean. Its proximity to downtown, San Diego International Airport, and the renowned surf break at Sunset Cliffs makes it highly sought-after by both tenants and investors.
Ocean Beach exudes a laid-back yet vibrant atmosphere, with a diverse array of trendy restaurants, coffee shops, cultural events, farmers markets, and boutique stores offering something for everyone. Embracing a classic Southern California beach lifestyle, this property presents an enticing investment opportunity in a thriving and dynamic neighborhood.
Ocean Beach exudes a laid-back yet vibrant atmosphere, with a diverse array of trendy restaurants, coffee shops, cultural events, farmers markets, and boutique stores offering something for everyone. Embracing a classic Southern California beach lifestyle, this property presents an enticing investment opportunity in a thriving and dynamic neighborhood.
Property Facts
| Price | $3,900,000 | Apartment Style | Garden |
| Price Per Unit | $975,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 4.36% | Building Size | 10,457 SF |
| Gross Rent Multiplier | 15.8 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2020 |
| Property Subtype | Apartment | Parking Ratio | 0.38/1,000 SF |
| Zoning | R-2 - Residential | ||
| Price | $3,900,000 |
| Price Per Unit | $975,000 |
| Sale Type | Investment |
| Cap Rate | 4.36% |
| Gross Rent Multiplier | 15.8 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 10,457 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2020 |
| Parking Ratio | 0.38/1,000 SF |
| Zoning | R-2 - Residential |
Amenities
Unit Amenities
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Hardwood Floors
- Yard
- Deck
- Double Pane Windows
- Patio
Site Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | 849 - 881 |
| 4+2.5 | 1 | - | 1,928 |
1 1
Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Number | 448-362-13 | Improvements Assessment | $590,566 |
| Land Assessment | $2,406,018 | Total Assessment | $2,996,584 |
Property Taxes
Parcel Number
448-362-13
Land Assessment
$2,406,018
Improvements Assessment
$590,566
Total Assessment
$2,996,584
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Videos
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Presented by
Judd Inc.
1558 Ebers St
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