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Nicole Hazelton-Meacham

[email protected] +1(619) 206-1892

$5,000,000

Est. payment - /mo

10 Baths

6,064 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

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

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Listed by Craig Everett, DRE#01831810 Advent Real Estate

Nearby School & Business

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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4766-4780 Niagara Ave San Diego, CA 92107

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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