San Diego, CA 92109,4278 84 Olney St
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San Diego, CA 92109,4278 84 Olney St
San Diego, CA 92109,4278 84 Olney St
San Diego, CA 92109,4278 84 Olney St
San Diego, CA 92109,4278 84 Olney St

$2,625,000

Est. payment /mo

$2,699,000

2.7%
Est.Price: ?

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4278 84 Olney St San Diego, CA 92109

5,789 Sqft Lot

SOLD DATE : 11/16/2023

Key Details

Sold Price $2,625,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 230015440SD

Sold Date 11/16/23

HOA Y/N No

Year Built 1960

Lot Size 5,789 Sqft

Property Description

4278-84 Olney St is a rare beach area 4-unit rental property in the highly desirable Crown Point area of Pacific Beach. Priced to sell. Walk or bike to bay or beach lifestyle is paramount to the property's evident appeal. Potential to add units, see city rules. This well cared for property features 4 units all with 2 bedrooms and 1 full bath. 3 Units feature private yards and laundry. 3 units are at ground level, with 1 unit upstairs. Potential in this multifamily zone RM to add up to 2 detached ADU units on property. Each unit has one off street parking spot with possible space for more parking. All units feature new flooring, up to date maintenance, and recent water heaters and appliances. 3 units feature new bathroom remodels, 1 completely new kitchen, and vinyl windows throughout, new custom steel railings, and contemporary landscaping. Current rents total 11,690 /mo. current with 12,800 projected. With potential ADUs the projected rents would total 18,800/mo (6units) for annual gross income of 225,600. The property is currently fully occupied with excellent pre-screened high-quality tenants. Do not disturb tenants.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Building/Complex Name private

Zoning RM1-1

Interior

Heating Natural Gas

Cooling None, See Remarks

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Lot Description Drip Irrigation/Bubblers

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4242021300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Yale Jallos • Sand & Sea Realty, Inc.
Bought with James Farajzadeh • HomeSmart Realty West
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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