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$ 10,950,000
Est. payment | /mo
0.34 Acres Lot
$ 10,950,000
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240025298
Lot Size 0.337 Acres
Acres 0.33
Property Description
We are pleased to present 4802 Orchard Avenue, a 16-unit completely remodeled apartment complex just over a block from the beach in the highly desirable Ocean Beach neighborhood of San Diego, California. Composed of a very rare mix of all 2-bedroom / 1-bath units on a large 14,699 square foot lot, this 1961-built complex was fully renovated from 2021- 2022. All units are approximately 775 square feet resting within two mirror image 2-story structures. The building has received highest-end upgrades including all new interiors featuring top tier kitchens, bathrooms, washer/dryers and exterior rehab. Major interior plumbing work has been done and major electric work including re-wiring, sixteen 60-amp sub-panels and 600-amp main service newly purchased and installed. A pool at the center of the property was replastered in 2015. A pool room includes a new 100-gallon water heater and outdoor shower area next to the pool. 11 Off street parking spaces (8 of which are covered) rest at the rear of the property adjacent to 11 non-monetized storage spaces for tenants. Units are individually metered for SDG&E and master metered for water and tenants reimburse owner $50/month each for water usage.
Location
State CA
County San Diego
Area Ocean Beach (92107)
Interior
Heating Wall
Cooling Wall/Window
Flooring Vinyl
Laundry Owned
Exterior
Exterior Feature Fully Landscaped
Parking Features Carports, Spaces
Roof Type Composition
Total Parking Spaces 11
Building
Story 2
Lot Size Range .25 through .50 Acres
Others
Space Rent $667,980
Listed by Conor M Brennan • Marcus & Millichap
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Dan Markley
REALTOR® | Lic# CA: 01917834 | ID: SP50710