4802 Orchard Ave, San Diego, CA 92107

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$9,700,000

Est. payment - /mo

0.34 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250021567

Lot Size 0.337 Acres

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 nonmonetized storage spaces for tenants. Units are individually metered for SDG&E and master metered for water and tenants reimburse owner $60/ month each for water usage.

Location

State CA

County San Diego

Area Ocean Beach (92107)

Interior

Heating Wall

Cooling Wall/Window

Flooring Vinyl

Exterior

Exterior Feature Fully Landscaped, Metal Fence

Parking Features Carports, Spaces

Roof Type Composition

Total Parking Spaces 11

Building

Story 2

Lot Size Range .25 through .50 Acres

Others

Acceptable Financing Cash to New Loan

Space Rent $667,980

Listing Terms Cash to New Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/250021567

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Listed by Conor M Brennan • Marcus & Millichap

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4802 Orchard Ave San Diego, CA 92107