5073-79 Lotus Street

Ocean Beach, CA, 92107

$2,395,000

$1,113 per ft²
$2,395,000
$1,113 per ft²
Active
Active
 - For Sale
beds
5 Beds
baths
4 Baths
carpenters-square
2,150 ft²
property_type
Multi-family
calendar
Built 1951
*Significant Price Reduction* We are pleased to present the Lotus Street Apartments, a fully renovated four unit offering located two blocks from the sand in the coastal neighborhood of Ocean Beach San Diego. This property is comprised of a 2 bed/ 1 bath unit, three 1 bed/ 1 bath units and four garages situated on a 5,009 square foot lot. Renovated in 2022, upgrades include high end cabinetry, new central A/C and heating in each unit, new flooring, appliances, electrical, tankless water heaters, new roofs, plumbing and more. In addition, current rents are strong generating $12K+ month. This offering is ideal for the investor seeking a low maintenance, fully renovated asset in an irreplaceable Southern California location two blocks from the Ocean.
MLS® ID:
220024897
Listed:
9/15/22
Updated:
11/28/22

Interior Features

Kitchen Appliances
Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
Total Bedrooms
5
Full Bathrooms
4
Laundry Description
Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Cooling
Central Air

Exterior/Building Features

Exterior Features
Patio
Roof
Other

Other Property Details

Area Name
Coastal South
Garage
Yes
Parking
Garage
View
N
County
San Diego
Pool
No
Total Stories
2
Zoning
R-4

Property History

Date
Event
Price
Value
11/4/22
Price Change
$2,395,000
-4%

Courtesy of Acre Investment Real Estate, Christopher Sarver,
Listing Contact: 619-316-5036 

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Data last updated 4:16 PM UTC, 11/28/22

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