We're excited to present a distinctive investment opportunity with 4642-46 Niagara Ave, nestled in the vibrant and sought-after neighborhood of Ocean Beach in San Diego, California. This unique property features a 3-unit, individually condo-mapped apartment complex constructed in 1953, comprising one detached 2 Bed / 1 Bath house and two 1 Bed / 1 Bath units situated above three single-car garages. The property boasts an impressive Walk Score of 94, underscoring its appeal with easy pedestrian access to local amenities and the famed OB Pier, located just four blocks away. With its prime coastal location, the property has been self-managed and meticulously maintained, showcasing its potential for immediate occupancy or for strategic renovations to elevate rental incomes to current market rates, thus enhancing overall cash flow and investment value. The convenience of the nearby 8 and 5 freeways offers effortless commuting options, making this an exceptional opportunity to secure a value-add asset in one of San Diego's premier coastal rental markets, where demand remains high and growth potential abounds. This offering represents a chance not only to invest in a piece of San Diego's coastal charm but also to capitalize on the considerable rental growth prospects in a community known for its laid-back lifestyle and scenic beauty.
This property is $1.1M more than the Median Sold Price in San Diego, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #240008304SD
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (858) 373-3100
Listing Agent: Thomas McCartin
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/1/2024, 10:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Ocean Beach Elementary School
4741 Santa Monica Ave
Distance between this listing and this school0.36 miles
Public District Grades KG-4
Middle School
7
/10
Correia Middle School
4302 Valeta St
Distance between this listing and this school1.26 miles
Public Magnet Grades 7-8
6
/10
Dana Middle School
1775 Chatsworth Blvd
Distance between this listing and this school1.43 miles
Public District Grades 5-6
High School
8
/10
Point Loma High School
2335 Chatsworth Blvd
Distance between this listing and this school1.63 miles
Public Magnet Grades 9-12
Assigned Schools
9
/10
Ocean Beach Elementary School
4741 Santa Monica Ave
Distance between this listing and this school0.36 miles
Public District Grades KG-4
Nearby Schools
10
/10
Silver Gate Elementary School
1499 Venice St
Distance between this listing and this school1.11 miles
Public District Grades KG-4
9
/10
Sunset View Elementary School
4365 Hill St
Distance between this listing and this school1.57 miles
Public District Grades KG-4
Assigned Schools
7
/10
Correia Middle School
4302 Valeta St
Distance between this listing and this school1.26 miles
Public Magnet Grades 7-8
6
/10
Dana Middle School
1775 Chatsworth Blvd
Distance between this listing and this school1.43 miles
Public District Grades 5-6
Nearby Schools
6
/10
High Tech Middle Media Arts
2230 Truxtun Rd Fl 2
Distance between this listing and this school2.10 miles
Public Charter Grades 6-8
Assigned Schools
8
/10
Point Loma High School
2335 Chatsworth Blvd
Distance between this listing and this school1.63 miles
Public Magnet Grades 9-12
Nearby Schools
8
/10
High Tech High Media Arts
2230 Truxtun Rd Fl 3
Distance between this listing and this school2.10 miles
Public Charter Grades 9-12
8
/10
High Tech High International
2855 Farragut Rd
Distance between this listing and this school2.17 miles
The neighbors living near this home have an average income of $64,459. Residents of San Diego, CA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 464246 Niagara Ave
What is the listing price of this property?
The listing price of 464246 Niagara Ave property is $2,050,000.
What type of property is this?
The property 464246 Niagara Ave is a house located in San Diego, California, 92107.
Is this property for sale now?
Active Listing: 464246 Niagara Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 464246 Niagara Ave are: Ocean Beach Elementary School: GreatSchools Rating 9/10Correia Middle School: GreatSchools Rating 7/10Dana Middle School: GreatSchools Rating 6/10Point Loma High School: GreatSchools Rating 8/10
Which year was this property built?
The year of construction for 464246 Niagara Ave is 1947.
This home is located at 464246 Niagara Ave in San Diego, CA and zip code 92107 in the Ocean Beach neighborhood. This home was built in 1947. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $2,050,000.
Over 379 listings were sold over their listed price in April 2024 in San Diego, CA. In the same period over 271 listings were sold below the listed price and 101 listings were sold for the listed price. The number of homes for sale in San Diego, CA increased by 10.7% between March 2024 and April 2024. Listings spent 18 days on the market in April 2024, and had a median list price of $914,809 during the same period.
From Rocket Homes Real Estate and based on county public records data.