9
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$1,499,000
Est. payment /mo
6 Beds
4 Baths
4,000 Sqft Lot
Open Sat 2PM-4PM
4314-18 Banning St San Diego, CA 92107
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Open House
Sat Oct 17, 2:00pm - 4:00pm
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
4314–18 Banning Street presents a four-unit multifamily investment in Ocean Beach with below-market rents, a balanced unit mix and opportunity for long-term value growth. The property offers approximately 2,402 square feet on an approximately 4,000-square-foot lot, featuring two 2-bedroom/1-bath residences, two 1-bedroom/1-bath residences and four off-street parking spaces. Thoughtful renovations and property improvements offer a path to enhancing rental income over time. The four-unit configuration lends itself to long-term investment, with potential for owner occupancy in one residence while collecting rental income from the others. Located near the Ocean Beach–Point Loma border, the property provides convenient access to neighborhood restaurants and cafés, OB's coastline, and Liberty Station's shopping, dining and recreation. Off-street parking and a versatile unit mix make this a compelling opportunity to establish or expand a coastal multifamily portfolio.
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
Virtual Tour https://www.propertypanorama.com/instaview/snd/260024519
Listed by Aurmon Banitaba, DRE#02040003 CCG RE Investment Services Inc
NEARBY SCHOOL & BUSINESS
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