Sold
4278-84 Olney St
Pacific Beach CA, 92109
$2,625,000
$854.49 per sqft
Sold
8 Beds
4 Baths
3,072 sqft
Multi-family
Built in 1960
4278-84 Olney St is a rare beach area 4-unit rental property in the highly desirable Crown Point area of Pacific Beach. Priced to sell. Walk or bike to bay or beach lifestyle is paramount to the property's evident appeal. Potential to add units, see city rules. This well cared for property features 4 units all with 2 bedrooms and 1 full bath. 3 Units feature private yards and laundry. 3 units are at ground level, with 1 unit upstairs. Potential in this multifamily zone RM to add up to 2 detached ADU units on property. Each unit has one off street parking spot with possible space for more parking. All units feature new flooring, up to date maintenance, and recent water heaters and appliances. 3 units feature new bathroom remodels, 1 completely new kitchen, and vinyl windows throughout, new custom steel railings, and contemporary landscaping. Current rents total 11,690 /mo. current with 12,800 projected. With potential ADUs the projected rents would total 18,800/mo (6units) for annual gross income of 225,600. The property is currently fully occupied with excellent pre-screened high-quality tenants. Do not disturb tenants.
230015440
MLSⓇ ID
August 9, 2023
Listed
November 22, 2023
Updated
Map
4278-84 Olney St
Pacific Beach CA, 92109
Interior Features
Total Stories
2
Bedrooms
8 Beds
Bathrooms
4 Baths
Appliances
Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
Laundry Description
Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups
Fireplace
No
Cooling
Yes
Cooling Description
None, Other/Remarks
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.13 acres
Exterior Features
Patio
Roof
Composition
Other Property Details
Days on Market
85
Garage
Yes
Parking
Non-Garage(Uncovered)
View
No
County
San Diego
Water Source
Meter on Property
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
11/21/2023 | Price Change | $2,625,000 -3% |
11/21/2023 | Sold | — |
11/6/2023 | Pending | — |
10/17/2023 | Price Change | $2,699,000 -3% |
9/15/2023 | Price Change | $2,775,000 -4% |
Courtesy of Sand & Sea Realty, Inc., Yale Jallos,
Listing Contact: 619-623-2901
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Data last updated 12:27 AM UTC, 11/22/2023
