Active
5033 Voltaire Street
San Diego CA, 92107
$4,850,000
Active
Commercial
Listed by Conor Brennan with Marcus & Millichap 720-841-8139
We are pleased to present for sale 5033 Voltaire Street, a 12-unit apartment complex in Ocean Beach, San Diego. Resting just two blocks from the ocean, this 1952-construction complex features all studio /1- bath units with new kitchens, granite countertops, and a combination of white and stainless-steel appliances. Unit rents have not been pushed to market and have a lot of room without further upgrades but see substantial rent raises through a higher tier renovation. With two long, bungalow style structures on a 6,329 SF lot, this apartment complex has a private courtyard for residents accessible through secure gated entry. Two off-street parking spaces rest at the rear of the property and there is on-site leased laundry for tenants. Ocean Beach offers an array of entertainment with shops, restaurants, beaches and attractions all within walking distance. This property is only two blocks from the beach resting in one of the highest demand rental markets in San Diego, making this property appealing to potential renters or future buyers. Ocean Beach is one of the closest beach communities to Downtown San Diego that has recently begun a visible transformation with new complexes, residences and stores flourishing across the neighborhood. This property is an excellent investment for the investor seeking a legacy asset in great condition with plenty of upside through further renovations. The investment gives the opportunity to an investor to own an asset in a supply constrained market allowing for long term appreciation.
240014530SD
MLSⓇ ID
June 25, 2024
Listed
August 30, 2024
Updated
Map
5033 Voltaire Street
San Diego CA, 92107
Interior Features
Fireplace
No
Cooling
Yes
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.15 Acres
Roof
Composition
Other Property Details
Area Name
92107 - Ocean Beach
Garage
No
Parking Total
2
View
No
County
San Diego
Pool
No
Listing Contact: 858-373-3100
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 7:02 PM UTC