$2,075,000
FOR SALEActive2114 Abbott St.
San Diego CA 92107
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Land Details
Location Analysis
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
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
5.41%
Cap Rate
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