SELLER FINANCING AVAILABLE. Offered for the first time in decades after long-term family ownership, 4684–88 Voltaire Street presents a three-unit multifamily opportunity in Ocean Beach with below-market rents and renovation potential. Situated on an approximately 5,449-square-foot lot, the property includes one 2-bedroom/1-bath unit, two 1-bedroom/1-bath units and three attached garages… Read More with alley access. Deferred maintenance offers an opportunity to enhance the property through thoughtful improvements and pursue long-term income growth. Buyers seeking to live in one unit while earning rental income from the others may also find appeal. CC-4-2 commercial zoning and the three garages offer additional possibilities to evaluate, including garage conversions or mixed-use redevelopment, subject to feasibility and required approvals. Nearby restaurants, cafés and independent shops complement convenient access to OB’s coastline, Dog Beach and Newport Avenue’s dining, shopping and weekly farmers market. Seller financing and the option to acquire the adjacent parcel add flexibility and potential to this opportunity for long-term coastal ownership. Read Less
Property listed by CCG RE Investment Services Inc, Aurmon Banitaba
Listing Snapshot
Days Online
5
Last Updated
Lot Size
0.13 Acres
Year Built
2000
MLS Number
260024524SD
Additional Details
Building
Built in 2000, 2 buildings, 2 stories, Levels: Two
Community
Park Name: N/A
Cooling
None
Heating
ForcedAir, NaturalGas
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $57,900, Net Operating Income: $33,347
Lot
0.1251 acres
Roof
Composition
Taxes
Parcel Number: 4485412800, Zoning: CC-4-2
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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