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    4851-55 Narragansett Ave

    San Diego, CA 92107
    • $2,495,000
    • STATUS: ACTIVE
    • ON SITE: 20 days
    • ID#: 210010077
    UPDATED: 71 min ago
    $2,495,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 3,900
      SQFT
    • $640
      $/SQFT
    Neighborhood:
    Ob
    Type:
    Multi-Family
    Built:
    2006
    County:

    School Ratings & Info

    Description

    One of a kind property, classic 1924 OB craftsman style home on 7,000 sq.ft lot, 2.5 blocks to beach. In 2006, owner built 3 additional units along with an incredible outdoor sanctuary for relaxing & enjoying the OB life style. In addition, an attached custom wood deck, approx. 900 sq.ft. with 2 large pergolas that provide shade & privacy which helps create an outdoor entertaining & dining area for everyone to enjoy. This custom well maintained property has many features in the attached supplement. Hurry!! This custom built by owner property is perfect for investor or owner occupant. The vintage front home has gorgeous hardwood floors, cozy fireplace, custom cabinets, remodeled kitchen & bath, recessed lights, central heat & air. Extra room off kitchen for office. The front house has 4 extra parking spaces on long driveway besides the 2-car garage. Could be used for boat or small RV. All 4 units have laundry hook-ups and separate water meters. Back 2 units were built to condo specs and could be sold separate. The 2 townhome units in back are 2BR/2BA with a 2-car tandem garage below each unit and each have large patio/deck. The detached studio also has a garage. The townhomes feature high vaulted ceilings, gorgeous kitchens and each one has extra storage along with indoor laundry. Easy walk to beach, shopping and dining. This special investment property near the beach won’t last long so hurry!

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.welcometosandiegorealestate.com/homes/116231773
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    4851-55 Narragansett Ave San Diego, CA 92107

    • Price: $2,495,000
    • Status: ACTIVE
    • Updated: 71 min ago
    • ID#: 210010077
    6
    Beds
    6
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,900
    SQFT
    $640
    $/SQFT
    2006
    Built
    Neighborhood:
    Ob
    County:
    San Diego
    Area:
    Ocean Beach (92107)
    Property Description
    One of a kind property, classic 1924 OB craftsman style home on 7,000 sq.ft lot, 2.5 blocks to beach. In 2006, owner built 3 additional units along with an incredible outdoor sanctuary for relaxing & enjoying the OB life style. In addition, an attached custom wood deck, approx. 900 sq.ft. with 2 large pergolas that provide shade & privacy which helps create an outdoor entertaining & dining area for everyone to enjoy. This custom well maintained property has many features in the attached supplement. Hurry!! This custom built by owner property is perfect for investor or owner occupant. The vintage front home has gorgeous hardwood floors, cozy fireplace, custom cabinets, remodeled kitchen & bath, recessed lights, central heat & air. Extra room off kitchen for office. The front house has 4 extra parking spaces on long driveway besides the 2-car garage. Could be used for boat or small RV. All 4 units have laundry hook-ups and separate water meters. Back 2 units were built to condo specs and could be sold separate. The 2 townhome units in back are 2BR/2BA with a 2-car tandem garage below each unit and each have large patio/deck. The detached studio also has a garage. The townhomes feature high vaulted ceilings, gorgeous kitchens and each one has extra storage along with indoor laundry. Easy walk to beach, shopping and dining. This special investment property near the beach won’t last long so hurry!
    Exterior Features

    Boat Facilities Other/Remarks Exterior StuccoWood Fencing Full Irrigation AutomaticDripSprinklers Parking Garage Desc Unit1 AssignedTandem Parking Garage Desc Unit2 AssignedTandem Parking Garage Desc Unit3 AssignedAttachedTandem Parking Garage Desc Unit4 AssignedAttachedTandem Parking Garage Spaces Unit1 2 Parking Garage Spaces Unit2 2 Parking Garage Spaces Unit3 2 Parking Garage Spaces Unit4 2 Parking Non Garage Desc Unit1 Uncovered Roof CompositionRolled/Hot Mop Site Alley AccessPublic StreetSidewalksWest Of I-5 Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 4 Units With Patios 4

    Interior Features

    Cooling Central Forced AirWall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 1 Units With Dishwashers 4 Units With Dryers 1 Units With Fireplaces 1 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 2 Water Heater Type Gas

    Property Features

    Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 2900 Annual Expense Projected 2900 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Community Ocean Beach Complex Features Laundry FacilitiesRv/Boat Parking Complex Park 0 Cross Streets Cable Gross Rent Multiplier Actual 4.1 Gross Rent Multiplier Project 5.1 Gross Scheduled Income Actual 102000 Gross Scheduled Income Project 128400 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 125500 Other Fees 0.0 Other Income Actual 700 Pets Yes Projected Cap Rate 0.0 Projected Other Income 700.0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (Coaxial) Tenant Pays N/K Terms CashConventional Unit Number For Unit1 4851 Unit Number For Unit2 4853 Unit Number For Unit3 4855A Unit Number4 4855B Unit1 Deposit 3200 Unit1 Occupied Tenant Unit1 Projected Rent 3500.0 Unit1 Rent Actual 3250.0 Unit2 Deposit 0 Unit2 Occupied Owner Unit2 Projected Rent 1500.0 Unit2 Rent Actual 0.0 Unit3 Deposit 2400 Unit3 Occupied Tenant Unit3 Projected Rent 2850 Unit3 Rent Actual 2700.0 Unit4 Deposit 2400 Unit4 Occupied Tenant Unit4 Projected Rent 2850 Unit4 Rent Actual 2550.0 Water Meter On Property Zoning R4

    Listing provided courtesy of Century 21 United Brokers. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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