San Diego, CA 92107,5025 Lotus St
San Diego, CA 92107,5025 Lotus St
San Diego, CA 92107,5025 Lotus St
San Diego, CA 92107,5025 Lotus St
San Diego, CA 92107,5025 Lotus St
San Diego, CA 92107,5025 Lotus St
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$1,660,000

$1,749,000

5.1%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

5,007 Sqft Lot


SOLD DATE : 09/09/2024

Key Details

Sold Price $1,660,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 240010352

Sold Date 09/09/24

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1945

Lot Size 5,007 Sqft

Property Description

Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego. Not only create the income but still have parking available for all your units on site. Seeking even higher returns? Grab one of the 800+ Short Term Rental permits availabe and create even greater cash flow here in Coastal San Diego. Pride of ownership abounds throughout the property and getting a Tri-plex like this is a once in a blue moon opportunity! Don't miss out!

Location

State CA

County San Diego

Community Ocean Beach

Area Ocean Beach (92107)

Building/Complex Name N

Zoning R-4:MULTIP

Interior

Cooling Other/Remarks

Fireplaces Number 1

Exterior

Exterior Feature Wood/Stucco

Garage Spaces 1.0

Fence Full

Roof Type Composition

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, VA

Space Rent $2,600

Listing Terms Cash, Conventional, VA

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Andrew T Greer • Real Broker
Bought with Matt May • Keller Williams La Jolla
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