4739 Point Loma Ave San Diego, CA 92107

LOCATION! LOCATION! LOCATION! A fixer-upper 2 story complex with 2 units, 3 bed 2 bath, and 3 bed 1.5 bath. Great for an investor or developer looking to renovate and maximize the income potential of this property. You can build another story on top. The second floor has Oceanview. Perfect for AirBNB and short term rentals. Current cap rate 5%, and when renovated and used for AirBNB, cap rate can go as high as 12%. Tenants are month to month but love to live there. Keep the tenants and enjoy the current income, or develop, build, renovate and increase the cashflow. Hardwood flooring and granite countertops. The location is amazing! Sunset Cliffs Coastal Trail, Little Lion Cafe, Bermuda Beach, Ocean Beach, one Block to the ocean. Mix of residential and commercial land use. Plenty of restaurants and coffee shops around. Perfect tourist ultimate destination. Send your offers now! Number of Furnished Units: 0