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4930 W Point Loma Blvd 7 Unit Apartment Building $11,231,868 CAD ($1,604,553 CAD/Unit) San Diego, CA 92107
Investment Highlights
- Rare 7-unit coastal asset blocks from the beach
- Strong condo conversion and value-add investment opportunity
- Underground parking in a supply-constrained coastal market
- Large townhouse-style units with highly desirable floor plans
- Walkable Ocean Beach location near dining and retail
Executive Summary
Exceptional investment opportunity in Point Loma, just blocks from Ocean Beach. This rare 7-unit property offers strong condo conversion potential, featuring spacious 3-bed/2.5-bath townhouse style units averaging 1,450 SF, with six units including additional dens. The property is fully occupied but can be delivered vacant, presenting a prime value-add opportunity through renovations and forced equity creation. A rare amenity for the area, the property includes 17 underground garage parking spaces and is ideally located near beaches, dining, and local attractions.
Please reach out for a copy of the Offering Memorandum.
Please reach out for a copy of the Offering Memorandum.
Property Facts
| Price | $11,231,868 CAD | Building Class | C |
| Price Per Unit | $1,604,553 CAD | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 13,100 SF |
| Gross Rent Multiplier | 17 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1995 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM-2-4 - R-4 | ||
| Price | $11,231,868 CAD |
| Price Per Unit | $1,604,553 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 17 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 13,100 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1995 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | RM-2-4 - R-4 |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Kitchen
- Refrigerator
- Views
Site Amenities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 7 | - | 1,400 |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 448-230-24 | Improvements Assessment | $1,504,907 CAD |
| Land Assessment | $1,223,964 CAD | Total Assessment | $2,728,871 CAD |
Property Taxes
Parcel Number
448-230-24
Land Assessment
$1,223,964 CAD
Improvements Assessment
$1,504,907 CAD
Total Assessment
$2,728,871 CAD
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4930 W Point Loma Blvd
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