Exceptional Opportunity: This property features 3 units nestled in the charming locale of Ocean Beach. With a Long-Term Rental Market Cap Rate of 4% and a GRM of 16.9, a Medium-Term Rental Cap Rate of 5.3% and a GRM of 12.5, and a Short-Term Rental Cap Rate of 7.3% and a GRM of 9.6, this versatile investment presents multiple avenues for profit. Whether you choose to capitalize on stable long-term rents or maximize returns through mid-term or short-term rentals, the choice is yours. Noteworthy features include breathtaking views from the upstairs unit, making it ideal for investors seeking a turnkey property or owner-occupiers interested in house hacking opportunities. Don't miss out on this lucrative investment opportunity! OM attached in MLS documents section
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $1,550,000 | Compass |
Middle School Correia Middle | 0.2 miles away | 07 - 08 | |
Elementary School Barnard Elementary | 0.4 miles away | KG - 04 | |
High School Point Loma High | 0.7 miles away | 09 - 12 |