1217 Oliver Avenue

San Diego, CA 92109
$1,590,000
Pending • 30 days
3
Beds
3
Baths
1650
Sq Ft

1217-1219 Oliver Avenue is an extremely unique, rare and dynamic investment opportunity in the heart of Pacific Beach. Located a short walk from both the beach and the bay this property has it all. Over the last 2 years the current owners have boasted gross income (2020 & 2021) of over $330,000 via the short term rental model. Current owners would like to master lease the property back through 9/30/2021 at a monthly rate of $8000. Recent capital improvements include, but are not limited to, exterior paint, full interior remodels, new windows throughout, fencing, hardscape, fixtures etc. The property is fully furnished and perfect for a new operator to take over. The duplex, being operated as 3 separate AirBnB's, also features off street parking (one space) and laundry facilities. Don't miss out on the opportunity to own property in a PRIME San Diego Coastal community with SO much potential!

DETAILS

  • Type: Multi Family
  • Stories: 2
  • Built: 1950
  • $/SqFt: $964
  • Community: Pacific Beach
  • Neighborhood: Crown Point
  • MLS#: 210006290

Interior

BEDROOMS

  • Total: 3
  • Unit 1 total: 2
  • Unit 2 total: 1

BATHROOMS

  • Total: 3
  • Unit 1 total: 1
  • Unit 2 total: 1
  • Unit 3 total: 1

FEATURES

  • Security: N/K, Other/Remarks

VIEWS

  • Bay
  • City
  • Mountains/Hills
  • Ocean
  • N/K
  • Other/Remarks

HEATING & COOLING

  • Heat: Wall/Gravity, N/K, Other/Remarks
  • Cooling: N/K, Other/Remarks

Exterior

BUILDING

  • Exterior: Stucco
  • Stories: 2
  • Building Stories: 2
  • Buildings: 2
  • Units: 2

LOT DETAILS

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Fencing: Partial

VIEWS

  • Bay
  • City
  • Mountains/Hills
  • Ocean
  • N/K
  • Other/Remarks

Other Information

FINANCING TERMS

  • Cash
  • Conventional
  • Exchange
  • FHA
  • VA
  • Other/Remarks

COMMUNITY FEATURES

  • Laundry Facilities
  • N/K
  • Other/Remarks

LOCATION

  • Community: Pacific Beach
  • Neighborhood: Crown Point
  • City: San Diego
  • County: San Diego
  • APN#: 423-262-04-00
  • Site: Alley Access, Public Street, Sidewalks, Street Paved, West of I-5, Other/Remarks
Fewer Details

Property History

DATE EVENT & SOURCE PRICE $/SQFT
Under Contract (Pending)
SDMLS
MLS# 210006290
- -
Price Increase (Active)
SDMLS
MLS# 210006290
$1,590,000 $964
Listed (Active)
SDMLS
MLS# 210006290
$1,560,000 $945

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This Properties Story

Listed by Josh Browar • DRE Lic #01824454 • The Browar Group
Last updated 6 hours ago • Source: SDMLS