Behold a phenomenal mid-1980s built four-plex that is uniquely well-located in South OB, just 2 blocks from the idyllic Santa Cruz Cove beach, walking distance to the best local restaurants, shops and nightlife, and close to Sunset Cliffs walking trails. Built to condo-specs when initially constructed, there are several ways to maximize income at this property, including modernizing two of the units which have not yet been upgraded. Several four-plexes of this exact architecture/design were duplicated during this era (mid-1980s) around South OB, Pacific Beach, and likely other neighborhoods. At least one of these same builds on the 5000 block of Del Monte Avenue has been successfully converted to individual condominiums, around 2010. This opportunity may be gone...These well-built units are all basically identical and feature spacious kitchen and living areas, equipped with full appliance packages (incl. d/w), fireplaces, and spacious private patios downstairs off of the kitchens. Upstairs between the dual-master bedrooms is a laundry closet with hookups and side-by-side washer/dryers. Units feature central heat. There are five (5) tandem off-street parking spaces at the property.
Sold
$3,200,000
4845 Santa Cruz Ave, San Diego, CA 92107
12beds
5,200sqft
Res Income 2-4 Units
Built in 1986
-- sqft lot
$3,234,800 Zestimate®
$615/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 03:21pm
Listed by:
Joseph A Burrough 02014504 1,
Palma Commercial
Bought with:
Jamie Tuckey, 01942190
Compass
Source: SDMLS,MLS#: 240026074

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 8
- 1/2 bathrooms: 4
Appliances
- Included: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
- Laundry: Unit 1 Laundry Hookup, Unit 2 Laundry Hookup, Unit 3 Laundry Hookup, Unit 4 Laundry Hookup
Features
- Has fireplace: Yes
Interior area
- Total structure area: 5,200
- Total interior livable area: 5,200 sqft
Property
Parking
- Total spaces: 10
Features
- Levels: Two
- Stories: 2
- Patio & porch: # of Units w/Patios: 4
- Fencing: Gate,Partial
Details
- Parcel number: 4482622200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Res Income 2-4 Units
Materials
- Stucco
- Roof: Tile
Condition
- Year built: 1986
Community & neighborhood
Location
- Region: San Diego
- Subdivision: South Ocean Beach
HOA & financial
Other financial information
- Total actual rent: 16150
Other
Other facts
- Listing agreement: Exclusive Right (R)
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$3,234,800