Live the beach life AND enjoy investment income with this charming 3 unit offering on a large lot in Ocean Beach. Remodeled detached 2 bed/1 bath classic beach house with fenced yards, laundry & 1 car garage + TWO additional units in the back (spacious 1 bed/1 bath upstairs apartment with 1 car garage & downstairs 400sf studio with private entrance, shared patio and off-street parking). Montalvo Street is located at the top of a bluff with cool ocean breezes and convenient access to all. Units show pride of ownership and are all in good condition and occupied with great tenants. Current monthly rents are $6315/mth. All appliances convey. Possible RV/Boat parking in rear with alley access. This great Ocean Beach location is walkable and especially convenient with freeway access less than 1 min away, beach less than a mile and midway shopping & entertainment district nearby (Target, grocery, Valley View Arena, etc.). Great neighborhood schools too (OB Elementary, Correia Middle & Point Loma High)! Huge BONUS...Property is in final design approval stage for "Quieter Homes" program to receive new windows, doors & central HVAC system! See supplemental remarks for unit breakdown & more details.
Listing courtesy of AARE
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