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Jason Coriano

Principal Broker

  • Office 619.665.5360
  • Cell 619.665.5360
Questions?

1466-74 Pescadero Dr, OCEAN BEACH, CA – $2,699,900

  • $2.7M Price
  • 4 Beds
  • 4 Baths
  • 28 DOM
  • $2.7M Price
  • 4 Beds
  • 4 Baths
  • 28 DOM

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1466-74 Pescadero Dr

Gross Rent Must at under 12!!! Cap Rate over 5.5!! With additional upside. This is your opportunity. Beach investments like this rarely come available! Each unit has one parking space, recently updated, patios and shared area on on the waters edge - this is what renters and vacationers want. Great for first time investor, live in one rent other three out. Income has increased YoY. Recent capital improvement of over $600k with new sea wall. Think bigger and develop further for bigger returns.


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Essential Information

  • MLS® #190051544
  • Price$2,699,900
  • Bedrooms4
  • Bathrooms4.00
  • Acres0.00
  • Year Built1958
  • TypeResidential Income
  • StatusACTIVE

Community Information

  • Complexn/a
  • Address1466-74 Pescadero Dr
  • AreaOCEAN BEACH (92107)
  • SubdivisionSunset Cliffs
  • CityOCEAN BEACH
  • CountySan Diego
  • StateCA
  • Zip Code92107

Amenities

  • AmenitiesBBQ, Spa/Hot Tub
  • ViewPanoramic Ocean
  • Is WaterfrontYes
  • PoolN/K

Interior

  • CoolingOther/Remarks
  • # of Stories1
  • Stories1 Story

Exterior

  • ExteriorStucco
  • RoofOther/Remarks

Additional Information

  • Date ListedSeptember 17th, 2019
  • Days on Market28

Listing Details

  • OfficeKeller Williams Carmel Valley
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