4840 Santa Monica Avenue

San Diego, CA 92107 View Map $9,100,000 Schedule a Tour
Sq.Ft.17,914
Year1971
Schedule a Tour
 
ASAP
Tue
22
Jun
Wed
23
Jun
Thu
24
Jun
Fri
25
Jun
Sat
26
Jun
Sun
27
Jun
Mon
28
Jun
Choose Your Date -- It's Free, Cancel Anytime
Status: Active
Listing Office:Acre Investment Real Estate
Property Type:Com-Res Income
MLS #:210015740
Sq. Feet:17,914
On Site:14 Days
County:San Diego
We are pleased to offer the Villa Del Monica Apartments (the "Property"), located in the highly desired beach community of Ocean Beach, California. The offering presents real estate investors with the rare opportunity to acquire a large, 25 unit, value add real estate asset just two blocks from the beach, along with the potential to increase the current below-market rents. The Property consists of a low maintenance landscaped setting, with a charming interior courtyard, spread out on a large lot totaling 17,914 sq. ft. Originally constructed in 1971, the Property has been well-maintained by the current ownership. Villa Del Monica Apartments consists of 25 units comprised of - one (1) retail space (which has the ability to be turned into a large one-bedroom unit), four (4) studios, twelve (12) one-bedroom / one bathroom, one (1) two-bedroom / one bathroom, one (1) two-bedroom / one and a half bathroom, and six (6) two-bedroom / two-bathroom units. The Property provides tenants with off-street parking (26 parking spaces), laundry facilities, and one of the units includes a balcony. Three-quarter of the units have been lightly upgraded with countertops and cabinets in both the kitchens and bathrooms and flooring throughout. With a Walk Score of 90 ("Walker's Paradise), tenants enjoy being so close to the beach, restaurants, bars, coffee shops, and retail, along with the community feel of the Property.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:4840 Santa Monica Avenue San Diego, CA 92107
County:San Diego
Area (MLS Code):Coastal South
Zip Code:92107

Features / Amenities

Total Sq. Ft.:17914

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Tax and Financial Info

Actual Operating Expense: $2, 124, 835
Actual Gross Schd Income: $445, 800

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

4840 Santa Monica Avenue San Diego, CA 92107
GO SEE THIS LISTING
4840 Santa Monica Avenue San Diego, CA 92107
 
ASAP
Tue
22
Jun
Wed
23
Jun
Thu
24
Jun
Fri
25
Jun
Sat
26
Jun
Sun
27
Jun
Mon
28
Jun
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions