4446 4450 Montalvo Street, Ocean Beach (OB), CA 92107

$1,650,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,650,000
Status
ACTIVE
MLS#
260024218SD
Year Built
1960
Lot Size
6,250
Acres
0.14
Days on Market
0
Property Type
Multifamily
Stories
One Level
Neighborhood
Ocean Beach

Property Description

ESTATE SALE — RARE BEACH-AREA MULTI-UNIT OPPORTUNITY! A unique opportunity to own a property that has been in the same family for many decades. The property features a charming 2-bedroom, 1-bath front cottage with fireplace and washer/dryer hookups, plus a separate rear duplex with each unit offering 1 bedroom and 1 bath. The property also includes a tandem garage offering flexible storage or parking potential, along with four additional off-street parking spaces — two adjacent to the driveway, one in front of the garage, and one accessible from the rear alley. Seller will consider financing for a qualified buyer. Currently zoned RM-3-7, offering potential for future redevelopment. Buyer to independently verify zoning, development potential, and permitted uses with the City of San Diego. All tenants are currently on month-to-month tenancies, providing potential flexibility for an investor or owner-user. Ideally situated in a desirable beach-area location, close to the beach, shopping, schools, freeway/interstate access, medical facilities, and downtown. Just two blocks from the Ryan Family YMCA. A rare combination of three separate living units, substantial off-street parking, flexible storage, and future potential in a convenient beach-area location. ESTATE SALE — RARE BEACH-AREA MULTI-UNIT OPPORTUNITY! A unique opportunity to own a property that has been in the same family for many decades. The property features a charming 2-bedroom, 1-bath front cottage with fireplace and washer/dryer hookups, plus a separate rear duplex with each unit offering 1 bedroom and 1 bath. The property also includes a tandem garage offering flexible storage or parking potential, along with four additional off-street parking spaces — two adjacent to the driveway, one in front of the garage, and one accessible from the rear alley. Seller will consider financing for a qualified buyer. Currently zoned RM-3-7, offering potential for future redevelopment. Buyer to independently verify zoning, development potential, and permitted uses with the City of San Diego. All tenants are currently on month-to-month tenancies, providing potential flexibility for an investor or owner-user. Ideally situated in a desirable beach-area location, close to the beach, shopping, schools, freeway/interstate access, medical facilities, and downtown. Just two blocks from the Ryan Family YMCA. A rare combination of three separate living units, substantial off-street parking, flexible storage, and future potential in a convenient beach-area location.

Additional Information

Heat
Natural Gas
Cooling Description
None
Roof
Composition
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$79,380

Listing courtesy of Listing Agent: David Shattles (dshattles@earthlink.net) from Listing Office: Real Estate Services, Inc..

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.