25
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$899,000
Est. payment /mo
New
3540 44 Ocean View Blvd San Diego, CA 92113
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250045264SD
HOA Y/N No
Year Built 1944
Property Description
Exceptional opportunity to own a well-positioned four-unit property in San Diego's Mountain View neighborhood, a thriving central area with rising rents and ongoing revitalization. Located just minutes from Downtown, Coronado, major freeways, and public transit, this location is highly accessible and attractive to San Diego's growing workforce. The property features two buildings on one lot. The front building is a single-story duplex with a 3 bedroom/1 bathroom unit and a 2 bedroom/1 bathroom unit. The back building is two stories with a 1 bedroom/1 bathroom unit on each floor. Combined, they provide approximately 2,600 square feet of living space on a 6,326 square foot lot, plus six parking spaces, shared coin laundry for residents, and recent exterior upgrades including fresh paint that makes for great curb appeal. Brand new water heater recently installed. All four tenants are month-to-month, giving you flexibility to adjust rents or make changes as you see fit. The current rents are below what the market can support, and with some interior updates, there's real potential to boost income significantly. You could see over 60% growth in rental income, making this a solid value-add play in an area where properties like this are hard to find. This is a turnkey investment with reliable income, room to grow, and a central San Diego location near everything. Perfect for seasoned investors or owner-users looking for long-term appreciation and strong cash flow.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Building/Complex Name Mountain View
Interior
Heating Natural Gas, See Remarks
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition,Rolled/Hot Mop
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5462500700
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Nick Rogers Coldwell Banker Realty
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