Property Detail

5022 Narragansett Ave

San Diego CA 92107

$2,150,000

Status: Active

Property Details

Description

5022-28 Narragansett Ave is a 4-unit property in Ocean Beach, comprising one 2-bed, 1-bath unit and three 1-bed, 1-bath units, along with four single-car garages. With the roof replaced last year, this property offers a prime investment opportunity, with estimated market rents for the 2-bedroom unit at $3,400 and the 1-bedroom units at $2,795. Located west of Bacon Street, close to the water, Ocean Beach Pier, dining, shops, and entertainment, its coastal proximity ensures high demand. With a diverse tenant pool and added value from garages, this investment promises steady rental income and long-term appreciation in Ocean Beach's strong rental market.

Map Location

Listing provided courtesy of Jason Lee of JLM Real Estate Inc.. Last updated 2024-09-19 08:11:36.000000. Listing information © 2024 CRMLS.

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