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.

Features
: Wall Furnace
: Wall/Window Unit(s)
: Carport, Spaces
8
: Vinyl
: Owned
Appliances
: Dishwasher, Disposal, Refrigerator, Range
Address Map
US
CA
SD
Ocean Beach
92107
Orchard Ave
4802
W118° 44' 50''
N32° 44' 21.1''
Coastal South
Additional Info
Marcus & Millichap
Additional Information
: BBQ, Heated Pool
: Stucco
: Two
: Landscaped
16
2
Listing Information
680533
62951
ACTIVE
2024-10-25T06:09:49Z
sdmls
: N/K

Residential Income Additional

4802 Orchard Ave, Ocean Beach Ca 92107

2 Bedrooms
12,400
$10,950,000
Listing ID #240025298
Basic Details
Property Type : Residential Income Additional
Listing Type : For Sale
Listing ID : 240025298
Price : $10,950,000
Bedrooms : 2
Square Footage : 12,400
Lot Area : 0.33 Acre
Status : Active
Property Sub Type : Com-Res Income
Roof : Composition
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