4314-18 Banning St, San Diego, CA 92107
4314-18 Banning St, San Diego, CA 92107
4314-18 Banning St, San Diego, CA 92107
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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Zach Arrington

Zach Arrington

+1(619) 374-5339
$ 1,499,000
Est. payment | /mo

6 Beds

4 Baths

4,000 Sqft Lot

Save
$ 1,499,000
Est. payment | /mo
Save

6 Beds

4 Baths

4,000 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 260024519

Bedrooms 6

Full Baths 4

Year Built 1961

Lot Size 4,000 Sqft

Property Sub-Type Res Income 2-4 Units

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 Coastal South

Zoning RM-3-7

Direction Cross Streets: Mendocino Blvd / Whittier St

Interior

Fireplace No

Exterior

Fence Full

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4491010900

Acceptable Financing Cash, Conventional, Exchange, Seller May Carry

Listing Terms Cash, Conventional, Exchange, Seller May Carry

MLS Router / San Diego MLS
Listed by Aurmon Banitaba, DRE#02040003 CCG RE Investment Services Inc 

Nearby Locations

Zach Arrington

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 374-5339

zach@zarealtygroup.com

1420 Kettner Blvd suite 100, San Diego, California 92101, USA

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4314-18 Banning St