Sold
5022-28 Narragansett Ave
Ocean Beach CA, 92107
$2,100,000
Sold
5 Beds
4 Baths
Multi-family
Built in 1948
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.
240012496
MLSⓇ ID
June 3, 2024
Listed
November 22, 2024
Updated
Map
5022-28 Narragansett Ave
Ocean Beach CA, 92107
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
4
Appliances
Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
Laundry Description
Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Fireplace
No
Cooling
No
Cooling Description
None, Other/Remarks
Heating
No
Exterior/Building Features
Roof
Tile
Other Property Details
Area Name
Coastal South
Days on Market
36
Garage
Yes
Parking
Garage
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
9/24/2024 | Price change | $2,100,000 -3% |
9/24/2024 | Sold | $2,100,000 |
8/20/2024 | Pending | — |
8/13/2024 | Price change | $2,150,000 -7% |
8/13/2024 | Active | — |
8/5/2024 | Pending | — |
Listed by JLM Real Estate Inc, Jason J Lee,
Listing Contact: 949-207-8321
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Data last updated 9:00 PM UTC, 11/22/2024
