23-Unit Value-Add | The EBB Tide Multi-Family FOR SALE


San Diego, CA - Ocean Beach
$7,360,000 USD
858-360-3000
, San Diego, CA for Sale
$7,360,000 USD
Multi-Family - FOR SALE
1/5
null | 6.02% Cap Rate

23-Unit Value-Add | The EBB Tide
San Diego, CA
Ocean Beach


HIGHLIGHTS

  • Irreplaceable location with huge annual income potential

OVERVIEW

Ebb Tide presents the opportunity to acquire the 23 unit hospitality/multi-family asset in the desirable neighborhood of Ocean Beach. The asset consists of one 15-unit building and one 8-unit building. A buyer may have the option to utilize the in-place TOT license and run short-term rentals (Boutique Hotel, AirBnB, VRBO, etc.) or continue running the property as long-term rentals. With outstanding parking, ocean views, and steps from the beach, a buyer can develop a substantial increase in gross income. The Ebb Tide is located on the river bikeway, steps from the beach to the west, Robb Athletic Field to the east, and an array of entertainment walking distance to the south. Ebb Tide is truly in the hub of one of San Diego’s most vibrant neighborhoods.

ASK ABOUT THIS PROPERTY

James BurnsCommercial Asset AdvisorsMore Info
858-360-3000

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James BurnsCommercial Asset AdvisorsMore Info
858-360-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.