Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Lot size

7,003 sqft

Year built

1987

Stories

2

Heating

Natural Gas

Cooling

None

Pool

None

View

See Remarks

Status

Active

Days on market

0

MLS #

249337982

About this property

WOW! A RARE SOUTH OCEAN BEACH OPPORTUNITY! Properties like this truly don’t come along often! This exceptional 4-townhome property offers the ideal combination of strong existing income, upgraded interiors, private outdoor space, and an unbeatable coastal location—just blocks from the ocean! Each spacious townhome features its own private yard, offering a highly desirable residential feel that sets this property apart. The property includes 3 garages plus 9 additional off-street parking spaces, providing an incredible 12 total parking spaces—a true luxury in Ocean Beach. The well-maintained units have been thoughtfully upgraded and feature quartz countertops, newer luxury vinyl plank flooring in the main living areas, updated appliances, modern lighting, and more. The mix includes two 3-bedroom/2.5-bath townhomes and two 2-bedroom/1.5-bath townhomes, offering generous layouts and excellent rental appeal. Long-term tenants provide strong, established income, while there remains potential to increase rents and further enhance the investment upside. Whether you're looking to expand your portfolio, house-hack, or secure a rare coastal income property, this is an opportunity worth a serious look. And then there's the location—South Ocean Beach at its best! Just blocks from the sand and an easy walk to Newport Avenue, local restaurants, coffee shops, boutiques, entertainment, and the beach. Enjoy the laid-back coastal lifestyle and the incredible walkability that makes Ocean Beach one of San Diego's most sought-after neighborhoods. Four townhomes. Private yards. 3 garages. 9

Location

4 Cable St

San Diego, San Diego, CA, 92107