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2073-2081 Bacon St 5 Unit Apartment Building $2,000,000 ($400,000/Unit) San Diego, CA 92107
Investment Highlights
- Premier Ocean Beach location with significant immediate rental upside
- Abundant off-street parking with 5 garages, one open space, and private laundry
- Extremely competitive housing market ideal for multifamily investment
- Expansive 7,501 SF lot with lush landscaping and private yards
- Walking distance to the beach, employment, restaurants, shopping, cafes, schools, parks, and entertainment
- Ideal unit mix with single-story one and two-bedroom cottages (individually metered)
Executive Summary
CBRE is pleased to offer for sale 2073 Bacon Street, a 5-unit residential community perfectly situated 2 blocks from the
beach and downtown Ocean Beach. Well maintained, the property offers a new investor immediate rental upside. Built
in 1942, the property is situated on an expansive 7,501 SF lot and features 5 single-story beach cottages, 5 garages,
private yards, and one open parking space. The properties greatest feature is the proximity to the beach, restaurants,
shops, entertainment, and employment. Ocean Beach is considered one of central San Diego’s premier beach
communities, ideal for real estate investment. The garages provide future ADU potential.
beach and downtown Ocean Beach. Well maintained, the property offers a new investor immediate rental upside. Built
in 1942, the property is situated on an expansive 7,501 SF lot and features 5 single-story beach cottages, 5 garages,
private yards, and one open parking space. The properties greatest feature is the proximity to the beach, restaurants,
shops, entertainment, and employment. Ocean Beach is considered one of central San Diego’s premier beach
communities, ideal for real estate investment. The garages provide future ADU potential.
Property Facts
| Price | $2,000,000 | Building Class | B |
| Price Per Unit | $400,000 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 2,352 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1942 |
| Property Subtype | Apartment | Parking Ratio | 2.55/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM-2-4 - Multi-Family 10 units or less | ||
| Price | $2,000,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 2,352 SF |
| No. Stories | 1 |
| Year Built | 1942 |
| Parking Ratio | 2.55/1,000 SF |
| Zoning | RM-2-4 - Multi-Family 10 units or less |
Amenities
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,395 | 450 |
| 2+1 | 1 | $2,795 | 650 |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (88)
Property Taxes
| Parcel Number | 448-202-28 | Improvements Assessment | $140,725 |
| Land Assessment | $469,140 | Total Assessment | $609,865 |
Property Taxes
Parcel Number
448-202-28
Land Assessment
$469,140
Improvements Assessment
$140,725
Total Assessment
$609,865
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2073-2081 Bacon St
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