9
See all 9 photos
$1,499,000
Est. payment /mo
6 Beds
4 Baths
4,000 Sqft Lot
New
4314-18 Banning St San Diego, CA 92107
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 260024519
Bedrooms 6
Full Baths 4
Year Built 1961
Lot Size 4,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Seller financing available—an opportunity to acquire four units in Ocean Beach with renovation upside and potential for future owner occupancy. 4314–18 Banning Street features approximately 2,402 square feet on a 4,000-square-foot lot, with two 2-bedroom/1-bath units, two 1-bedroom/1-bath units and four off-street parking spaces. In-place rents are well below market and total $6,225/mo, compared with projected market rents of $10,800/mo following renovations. Near the Ocean Beach–Point Loma border, the location connects residents to neighborhood restaurants and cafés, OB's beaches, and Liberty Station's shopping, dining and recreation. Seller financing, renovation potential and an established coastal location make this a compelling opportunity to build long-term value.
Location
State CA
County San Diego
Area Coastal South
Zoning RM-3-7
Direction Cross Streets: Mendocino Blvd / Whittier St
Interior
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4491010900
Acceptable Financing Cash, Conventional, Exchange, Seller May Carry
Listing Terms Cash, Conventional, Exchange, Seller May Carry
Listed by Aurmon Banitaba, DRE#02040003 CCG RE Investment Services Inc
Nearby School & Business
Get More Information