5022 28 Narragansett Ave, San Diego, CA 92107
Property
Sold September 2024
Listing Agent: Jason Lee (DRE #02068011) · Listing Office: JLM Real Estate Inc · Contact: 949-207-8321 · Bought with: Dylan Ackley · JLM Real Estate Inc · MLS #240012496SD · Source: CRMLS
About this property
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.
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history