2165 Oceanview Blvd, San Diego, CA 92113
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Listed Price :
$6,250,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
CASH FLOW! CASH FLOW! CASH FLOW! Located at the corner of Oceanview Blvd and Sampson Street in San Diego, California (2165-2193.5 Oceanview Blvd & 414-420 Sampson Street), this investment opportunity offers a unique and dynamic property composition. The property comprises eight separate structures, featuring a diverse unit mix including retail spaces, residential houses, apartments, and studios. With a strategic location in the vibrant Barrio Logan neighborhood, this property presents an enticing investment prospect in one of San Diego's progressive submarkets. The property has undergone significant capital improvements in recent years, enhancing its overall value and appeal. These improvements include but are not limited to new roofing, fencing throughout the premises, and modern security systems, ensuring the longevity and security of the investment. There exists substantial rental upside potential through cosmetic modernization of the units and proactive management strategies. With some strategic upgrades and management initiatives, investors have the opportunity to increase rental income and overall property value significantly. There is an EXTREMELY attractive assumable Freddie Mac loan in place with a loan balance of $3,216,000. The loan has an Interest-only rate of 3.44% through 2031.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
2165 Oceanview Blvd |
| City |
San Diego |
| State |
CA |
| Zip |
92113 |
| County |
San Diego |
| Listing Agent |
Josh Browar DRE #01824454 |
| Courtesy Of |
The Browar Group |
| List Price |
$6,250,000 |
| Status |
Pending |
| Type |
Commercial |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
N/A |
Listing information courtesy of: Josh Browar, The Browar Group. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
