Active

4845-53 Long Branch Ave

Ocean Beach CA, 92107

$2,295,000


Active

7 Beds

Commercial

Rare opportunity to purchase 5 prime units on a wide 7,500 SF lot in the heart of Ocean Beach! The desirable unit mix consists of Three 1-Bedroom Units (one detached house, two cottage style apartments) and Two 2-Bedroom Units (one detached house, one apartment built over the designated parking spaces). Held in the same family trust for over 80 years, the property exudes a pride of ownership that is rarely found with multi-family units at the beach. The property maintains consistently high historical occupancy rates due to its convenient OB location, just three blocks from the beach and close proximity to the shops and restaurants on Newport Ave. There is significant value-add opportunity for a new owner to do selective unit upgrades, as well as a possible development opportunity to add ADU's where rear parking is located.

240009492

MLS ID

May 1, 2024

Listed

October 5, 2024

Updated

Map

4845-53 Long Branch Ave
Ocean Beach CA, 92107

Interior Features

Total Stories

2


Bedrooms

7


Appliances

Range, Refrigerator, Disposal


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

Coastal South


Days on Market

142


Garage

No


Parking Total

5


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

10/3/2024

Price change

$2,295,000

-7%

9/11/2024

Active

8/29/2024

Pending

8/21/2024

Price change

$2,450,000

-11%

Listed by McKee Properties, Brendan McKee,
Listing Contact: 619-890-7682 

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Data last updated 12:31 AM UTC, 10/5/2024

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