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$2,075,000

FOR SALEActive

2114 Abbott St.

San Diego CA 92107

N/A

SF

Mixed Use

Type

N/A

Built

N/A

Cost/SF

82 days on marketNalren refreshed

Listing Agent

Joseph Burrough

Listing Agent

DRE #: 02014504

(858) 352-6742

Brokerage: Palma Commercial

Land Details

Lot Size0.0876 acres
Parcel Number4480331700

Location Analysis

MapProperty Location

About This Property

It is a pleasure to present for sale 2114 Abbott Street, San Diego, CA 92107, an Ocean Beach multifamily property located within 1 block from the beach, surf, and neighborhood retail along Newport Avenue (4 blocks), as well as the OB Pier (5 blocks)! This property is comprised of Three (3) studio apartments and Five (5) 1Br/1Ba apartments. There are three (3) functional garages and one (1) large storage-only garage, as well as one (1) surface off-street parking space. Units and common area hallway (upstairs) are in average condition, ripe for full modernization, with some deferred maintenance items (such as likely wood rot around several window frames, garage door frames, et al.). Diamond in the rough property. Where else can you buy 8 units within a block from the sandy beach at under $260K/unit!?! Charming property with peek ocean views from select units, ripe for full modernization. To be delivered with four (4) vacant units and all garages vacated. Private patios/balconies at select units. Seller May Carry, at Better than Market Interest Rate! Seller Financing to be secured by 1st Trust Deed, for a term of up to 3 years. Seller also selling the adjacent 4 unit property at 2104-6 Abbott Street (all 1br/1ba units), at the northwest corner of Brighton Avenue and Abbott Street, listed (10/11/26) with same agent as for this Property. These properties can be sold either separately or together.

Property Information

Property Overview

Commercial - MixedUse

Property Type

Active

Status

8

Total Units

0.0876 acres

Lot Size

5.41%

Cap Rate

4

Parking Total

Property Highlights

N/A Property

Prime Location with High Visibility

5.41% Cap Rate

Location Analysis

Map

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