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$ 5,000,000
Est. payment | /mo
10 Baths
6,064 SqFt
$ 5,000,000
Est. payment | /mo
10 Baths
6,064 SqFt
Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Pending
Purchase Type For Sale
Square Footage 6,064 sqft
Price per Sqft $824
MLS Listing ID 260008796
Full Baths 28616
Lot Size 0.334 Acres
Property Sub-Type Com-Res Income
Property Description
Located in a prime coastal setting in Ocean Beach, the Niagara Court Apartments present a rare opportunity to acquire a truly one-of-a-kind multifamily asset. This 10-unit property stands apart from anything else in the area, highlighted by its expansive lot size, rare garage parking, and an oversized greenbelt—features seldom found in Ocean Beach. The property consists of two 7,280 square foot parcels and offers eight garage parking spaces with additional storage, on-site laundry, and a highly desirable unit mix of two 3-bedroom/1-bath units and eight 1-bedroom/1-bath units. Eight of the ten units have been thoughtfully renovated with modern finishes while preserving the classic beach-style architecture that defines the neighborhood's charm. Niagara Court offers meaningful upside in rental income, making it an ideal acquisition for investors seeking both immediate stability and long-term growth. With its irreplaceable location, unique physical attributes, and strong value-add potential, this property represents a premier coastal investment opportunity.
Location
State CA
County San Diego
Area Coastal South
Zoning RM-2-5
Interior
Heating Floor Furnace
Cooling Wall/Window
Flooring Wood
Fireplace No
Laundry Leased
Exterior
Parking Features Garages
View Y/N No
Roof Type Tile
Total Parking Spaces 8
Building
Dwelling Type Apartment
Story 2
Others
Senior Community No
Tax ID 448-392-05-00
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/260008796
Listed by Craig Everett, DRE#01831810 Advent Real Estate
NEARBY SCHOOL & BUSINESS
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