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5073 79 Lotus Street, San Diego, CA 92107

Property · 2 recorded sales since 2021

5073 79 Lotus Street, San Diego, CA 92107 Sold January 2023 CRMLS
$2,290,000Sold January 2023

Listing Agent: Christopher Sarver (DRE #01886309) · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: Eric Eaton · Berkshire Hathaway HomeService · MLS #220024897SD · Source: CRMLS

0
Bathrooms
1951
Year Built
Property
Type
2
Stories
CentralAir
Cooling

About this property

*Significant Price Reduction* We are pleased to present the Lotus Street Apartments, a fully renovated four unit offering located two blocks from the sand in the coastal neighborhood of Ocean Beach San Diego. This property is comprised of a 2 bed/ 1 bath unit, three 1 bed/ 1 bath units and four garages situated on a 5,009 square foot lot. Renovated in 2022, upgrades include high end cabinetry, central A/C and heating in each unit, LVP flooring, new appliances, upgraded electrical, tankless water heaters, roofs, plumbing and more. In addition, current rents are strong generating $12K+ month. This offering is ideal for the investor seeking a low maintenance, fully renovated asset in an irreplaceable Southern California location two blocks from the Ocean.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$2,290,000
Sold January 2023 · listed $2,395,000, orig. $2,495,000, on market September 2022 · MLS #220024897SD · Source: CRMLS
Listing Agent: Christopher Sarver · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: Eric Eaton · Berkshire Hathaway HomeService
$1,640,000
Sold September 2021 · listed $1,650,000, on market August 2021 · MLS #210025212 · Source: CRMLS
Listing Agent: Christopher Sarver · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: Christopher Sarver · Acre Investment Real Estate
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