Active
5064-66 Niagara
Ocean Beach CA, 92107
$3,950,000
$969.80 per sqft
Active
4 Beds
4,073 sqft
Commercial
5064-5066 Niagara Avenue is a 6-unit multi-family property located a few steps from the Pacific Ocean in the highly coveted Ocean Beach neighborhood of San Diego, California. The subject property rests on the water in front of the iconic Ocean Beach Pier and is a half a block from popular Newport Avenue. 5064-66 Niagara Avenue is comprised of two 2-story buildings with 6 partially upgraded, very well-maintained units. Units are comprised of a large 1,320 square foot 3 Bedroom/2 Bath unit and five 1 Bedroom/1 Bath units ranging from 497-619 square feet. Units feature a mix of floating vinyl plank, tile, and hardwood flooring, original hardwood cabinetry (a select few with custom white cabinets), quartz and formica countertops, tiled showers, and high-quality vanities. There are three single car garages in the alley with ADU potential, one tandem parking spot, and two surface spots at the front of the property. The property has great bones and a sophisticated investor should bring all units to highest-end finishes and lease short or long term at market rate.
240020196
MLSⓇ ID
August 26, 2024
Listed
October 2, 2024
Updated
Map
5064-66 Niagara
Ocean Beach CA, 92107
Interior Features
Total Stories
2
Bedrooms
4
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
Coastal South
Taxes
$48,046
Tax Frequency
Annually
Garage
Yes
Parking Total
7
View
No
County
San Diego
Pool
No
Listed by MD Real Estate, Inc, Dylan E Wright,
Listing Contact: 619-255-3233
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Data last updated 4:51 AM UTC, 10/2/2024
