NOT LISTED FOR SALE

5025 Lotus St San Diego, CA 92107

Ocean Beach Neighborhood
3 Beds
3 Baths
-- Sq Ft
5,007 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $1,660,000

61 Days on Market

About This Home

As of September 2024

Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego. Not only create the income but still have parking available for all your units on site. Seeking even higher returns? Grab one of the 800+ Short Term Rental permits availabe and create even greater cash flow here in Coastal San Diego. Pride of ownership abounds throughout the property and getting a Tri-plex like this is a once in a blue moon opportunity! Don't miss out!

Last Agent to Sell the Property

Andrew Greer

Real Broker License #01935052 Listed on: 05/10/2024

Real Broker

Last Buyer's Agent

Matt May

Keller Williams La Jolla License #01509907

Keller Williams La Jolla

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,007 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for sewer, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 448-133-09-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Bacon
  • Neighborhood: Ocean Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Total Stories: 2
  • Year Built: 1945
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: OCEAN BEACH
  • Manager Name: SDRE
  • Manager Phone: 6196222681

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 448-133-09-00
  • Estimated Lot Sq Ft: 5007
  • Estimated Number of Acres: 0.12
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Sewer, Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Gross Sched Income Actual: 92940
  • Number Of Buildings: 3
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $1,660,000 -5.1% --
07/11/2024 07/11/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $1,749,000 -2.3% --
05/10/2024 05/10/24 For Sale $1,790,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Greer

    Seller's Agent in 2024

    Andrew Greer

    Real Broker

    (858) 703-7361

    1 in this area

    96 Total Sales

    Andrew Greer
    Section Image
  • Matt May

    Buyer's Agent in 2024

    Matt May

    Keller Williams La Jolla

    (858) 848-5988

    1 in this area

    67 Total Sales

    Matt May
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240010352

San Diego MLS

APN: 448-133-09-00

California San Diego County San Diego 92107 Ocean Beach

5025 Lotus St, San Diego, CA

This home is located at 5025 Lotus St, San Diego, CA 92107 since 10 May 2024. This property was built in 1945. 5025 Lotus St is a home located in San Diego County with nearby schools including Ocean Beach Elementary School, Richard Henry Dana Middle School, and Correia Middle School.

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