4314 18 Banning St, San Diego, CA 92107
4314 18 Banning St, San Diego, CA 92107
4314 18 Banning St, San Diego, CA 92107
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$1,499,000
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3,998 Sqft Lot
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4314 18 Banning St San Diego, CA 92107

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 260024519SD

HOA Y/N No

Year Built 1961

Lot Size 3,998 Sqft

Property Description

SELLER FINANCING AVAILABLE. 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. Seller financing, 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 92107 - Ocean Beach

Building/Complex Name No

Zoning RM-3-7

Interior

Cooling None

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4491010900

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by Aurmon Banitaba CCG RE Investment Services Inc #02040003

NEARBY SCHOOL & BUSINESS

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Wellyston De Faria

Wellyston De Faria

Agent License ID: 02043925

+1(858) 376-9300

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4314 18 Banning St