4883-4887 Lotus Street

San Diego, CA 92107 View Map $1,560,000 Ask a Question
Beds5
Baths3
Sold On1/24/2022
Year1950
Robert & Joy Aumann

Robert & Joy Aumann

(858) 752-8730

Ask a Question
FOR SALE: 4883-4887 Lotus Street San Diego CA 92107 | 210032826 |$1,560,000| Cal Rob (858) 752-8730 for a TOUR!

Status: Sold
Listing Office:Acre Investment Real Estate
Property Type:Res Income 2-4 Units
MLS #:210032826
Date Sold:1/24/2022
County:San Diego
4883-4887 Lotus Street is a three unit apartment complex located in the highly desirable community of Ocean Beach San Diego. Totaling approximately 2,259 rentable SF, the subject property consists of a 3 bed/ 1 bath house in the front, two one bed/ one bath units in the rear and a detached garage. The property is situated within walking distance to beaches, shopping, dining and public transportation. Tenants also enjoy the close proximity to downtown San Diego and the San International Airport. Investors will have the option to immediately increase rents for long term rentals or convert to vacation rentals to maximize income. Additionally, the detached garage could possibly be converted to an ADU for added income.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
1/31/2022$1,375,000$1,560,00013.5%

Community Information

Address:4883-4887 Lotus Street San Diego, CA 92107
Area:Ocean Beach (92107)
County:San Diego
Area (MLS Code):Coastal South
Subdivision:Ocean Beach
Zip Code:92107
Community:OCEAN BEACH
Complex:Nk

Architecture

Bedrooms: 5
Bathrooms: 3
Year Built:1950
Stories:2
Total Stories: 2
Unit 1: 3 beds, 1 bath
Unit 2: 1 bed, 1 bath
Unit 3: 1 bed, 1 bath

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

Lot Dimensions:4,000-7,499 SF
Zoning:R-4

Tax and Financial Info

Gross Sched Income Actual: $82, 152
Annual Expense Actual: $27, 738
Other Income Actual: $3, 000
Cap Rate Actual: $4
Tenant Pays: Electricity, Gas/Propane

Schools

WALKING AND TRANSPORTATION

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