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4961-67 Coronado
Coastal South San Diego 92107

$2,895,000
Residential Income beds: 8 baths: 8.0 3,280 sq. ft. built: 0

Main Photo: Residential Income for sale : 8 bedrooms : 4961-67 Coronado in San Diego
Photo 1: Residential Income for sale : 8 bedrooms : 4961-67 Coronado in San Diego
Photo 2: Residential Income for sale : 8 bedrooms : 4961-67 Coronado in San Diego
Photo 3: Residential Income for sale : 8 bedrooms : 4961-67 Coronado in San Diego
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Photo 9: Residential Income for sale : 8 bedrooms : 4961-67 Coronado in San Diego
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
250035386
Bedrooms:
8
Bathrooms:
8
8 UNITS OCEAN BEACH Rare Ocean Beach Investment Opportunity - Steps from the Cliffs An extraordinary investment opportunity in one of San Diego’s most coveted coastal neighborhoods. This exceptional South Ocean Beach property sits mere steps from the cliffs, offering investors an unparalleled combination of prime location, recent upgrades, and exceptional value. Property Highlights - Single Level Property ( No SB721 Requirement) - Parking, Parking, Parking !!! - Updated Electrical, (lower insurance premiums) - Incredibly low Cost to Operate Recent Capital Improvements - New Roof - Upgraded Electrical - Newer Windows Exceptional Land Value - 7,000 square-foot lot - End Cap Alley Access-rare find in coastal San Diego - Lot orientation allows for end cap access (ideal for tuck under parking) - More than one parking space per unit - a premium amenity in Ocean Beach - Significant development potential and long-term appreciation opportunity Unbeatable Cashflow Fundamentals: $361,875.00 per door 5+CAP with one rent increase - Turnkey units ready for immediate rental income - High-demand coastal location ensures strong rental market - Minimal capital expenditure required due to recent improvements
Property Sub Type:
Com-Res Income
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Total Building Area:
3,280 sq. ft.
Total Floor Area:
3,280 sq. ft.
Total Bedrooms:
8
Bathrooms:
8
Half Bathrooms:
0
Stories:
1 Story
Num Stories:
1
Year Built:
0
Age (in years):
2,025 year(s)
Total Actual Rent:
$17,160
Cap Rate.:
4.7
Gross scheduled income:
205920.0
Projected gross operating income:
63585
Projected gross scheduled income:
225600
Projected net Income:
155247
Operating expense:
63585.0
Number of Units:
8
Number of Units in Unit 1:
1
Number of Units in Unit 2:
1
Number of Units in Unit 3:
1
Number of Units in Unit 4:
1
Number of Units in Unit 5:
1
Number of Units in Unit 6:
1
Total Rent for Unit 1:
$2,145
Complex Features:
None, Other/Remarks
Special Listing Conditions:
N/K
Construction Material:
Drywall, Frame, Stucco
Lot Size:
0 sq. ft.
Parcel Number:
448-161-06-00
Parking Features:
Spaces
Total Parking Spaces:
9
Total Non-Garage Spaces:
0
Heating:
Wall
Cooling:
None
Roof:
Composition
Floor finish:
Wood
Zoning:
RM-2-4
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Listed by South Coast Commercial, Inc.
Data was last updated August 31, 2025 at 01:10 PM (UTC)
Area Statistics
Listings on market:
69
Avg list price:
$2,995,000
Min list price:
$1,200,000
Max list price:
$12,950,000
Avg days on market:
68
Min days on market:
1
Max days on market:
657
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations. This data is not produced by the MLS® system.

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