Active

5064-66 Niagara

Ocean Beach CA, 92107

$3,950,000


$969.80 per sqft

Active

4 Beds

4,073 sqft

Commercial

5064-5066 Niagara Avenue is a 6-unit multi-family property located a few steps from the Pacific Ocean in the highly coveted Ocean Beach neighborhood of San Diego, California. The subject property rests on the water in front of the iconic Ocean Beach Pier and is a half a block from popular Newport Avenue. 5064-66 Niagara Avenue is comprised of two 2-story buildings with 6 partially upgraded, very well-maintained units. Units are comprised of a large 1,320 square foot 3 Bedroom/2 Bath unit and five 1 Bedroom/1 Bath units ranging from 497-619 square feet. Units feature a mix of floating vinyl plank, tile, and hardwood flooring, original hardwood cabinetry (a select few with custom white cabinets), quartz and formica countertops, tiled showers, and high-quality vanities. There are three single car garages in the alley with ADU potential, one tandem parking spot, and two surface spots at the front of the property. The property has great bones and a sophisticated investor should bring all units to highest-end finishes and lease short or long term at market rate.

240020196

MLS ID

August 26, 2024

Listed

October 2, 2024

Updated

Map

5064-66 Niagara
Ocean Beach CA, 92107

Interior Features

Total Stories

2


Bedrooms

4


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

Coastal South


Taxes

$48,046


Tax Frequency

Annually


Garage

Yes


Parking Total

7


View

No


County

San Diego


Pool

No

Listed by MD Real Estate, Inc, Dylan E Wright,
Listing Contact: 619-255-3233 

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Data last updated 4:51 AM UTC, 10/2/2024

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