4961-67 Coronado Ave., Ocean Beach (OB), CA 92107

$2,745,000
1
BD

Property Description

A superbly located 8-unit apartment property in sought after South Ocean Beach, 4961-67 Coronado Avenue is just steps from an ocean lookout (Coronado Avenue), coastal trail access (Del Mar Avenue), and walking distance to Santa Cruz Cove beach (2 blocks) + nearby dining and shops. Besides its uniquely good location, only one property back from the bluff/direct ocean views, this property boasts 9 off-street parking spaces, in an area there parking is at a premium. The building has good bones, with an elevated foundation, pitched roof, and functional floor plans. Many upgrades have been done to the property, including vinyl plank flooring, dual-pane windows, floor coverings, newer cabinets and countertops, newer wall heaters and some recently placed water heaters (each unit with its own water heater). By virtue of its near ocean-front location and ample parking, the property is well-suited for continued upgrades and increased rents commensurate with upper end rents for the area, Or, strong vacation rentals

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Courtesy of Palma Commercial, Joseph A Burrough.

Last Updated: Source: Sandicor Regional MLS

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