San Diego, CA 92107,5022 28 Narragansett Ave
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San Diego, CA 92107,5022 28 Narragansett Ave
San Diego, CA 92107,5022 28 Narragansett Ave
San Diego, CA 92107,5022 28 Narragansett Ave
San Diego, CA 92107,5022 28 Narragansett Ave

$2,100,000

Est. payment /mo

$2,150,000

2.3%
Est.Price: ?

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5022 28 Narragansett Ave San Diego, CA 92107

SOLD DATE : 09/23/2024

Key Details

Sold Price $2,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 240012496SD

Sold Date 09/23/24

HOA Y/N No

Year Built 1948

Property Description

5022-28 Narragansett Ave is a 4-unit property in Ocean Beach, comprising one 2-bed, 1-bath unit and three 1-bed, 1-bath units, along with four single-car garages. With the roof replaced last year, this property offers a prime investment opportunity, with estimated market rents for the 2-bedroom unit at $3,400 and the 1-bedroom units at $2,795. Located west of Bacon Street, close to the water, Ocean Beach Pier, dining, shops, and entertainment, its coastal proximity ensures high demand. With a diverse tenant pool and added value from garages, this investment promises steady rental income and long-term appreciation in Ocean Beach's strong rental market.

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Building/Complex Name Ocean Beach

Interior

Cooling None, See Remarks

Fireplace No

Exterior

View Y/N No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4480820800

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Cash

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California Regional MLS (CRMLS)
Listed by Jason Lee • JLM Real Estate Inc
Bought with Dylan Ackley • JLM Real Estate Inc

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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