2148 Oliver Ave #2148, 2146, 2144, 21 Unit 2148, 2146
San Diego, CA 92109

A perfect property for an investor or an owner occupant who wants to live in one of the units and have rental units with a great income. This 4 unit property is offering a single story main house with 4 bedrooms and 2 bathrooms and adjacent to it, the two story apartment building offers two studio apartments downstairs and one 1 bedroom apartment upstairs. All units have their own full kitchens and their own laundry furnished with washers and dryers. The layout of the main house in the front is open with a French door to the courtyard. The updated kitchen is open to the dining and living room. The kitchen has granite countertops and stainless steel appliances. All the bathrooms have newer cabinetry and shower/bath tiling. All three apartments were fully upgraded with new appliances, granite countertops, newer wall AC units. Each apartment also has a dedicated parking space so that the property has a total of 7 parking spaces. One space is assigned to each 3 unit in the back, 2 car garage for the main house and 2 on the driveway parking for the main house. There are street parking available too. This property has a spacious park-like front yard with low maintenance artificial turf and landscaping, a cozy and private side courtyard for the main house use and a beautiful private patio off of one of the studios in the back. The main house 2148 Oliver Ave and all units 2146, 2144, 2142 Oliver Ave are fully occupied with leases are month to month. The leases can be renewed long term if the new owner prefers the current tenants to stay. This property produces a very stable income with room for rent improvements. The property has been well maintained and in Move-in condition. A great opportunity to own a profitable investment in a great location. - The current rent for the main house 2148 Oliver is $4,300 (projected rent is $7,469), 4 bedrooms 2 baths, full kitchen and laundry room, 1418 esf. - The current rent for the one bedroom 2146 Oliver is $2,175 (projected rent is $2,350), 1 bedroom, 1 bath, full kitchen, laundry, 672 esf. - The current rent for the studio 2144 Oliver is $1,675 (projected rent is $2,060), Studio with full bath, full kitchen, laundry, 320 esf. - The current rent for the studio is 2142 Oliver is $1,450 (projected rent is $2,060), Studio with full bath, full kitchen, laundry, 296 esf. Current yearly gross income is $115,200 (projected yearly gross income $167,316) The subject property is located in the highly desirable Pacific Beach neighborhood of San Diego. The location is excellent, close to shopping, restaurants, public transportation, and schools. About a half mile to the bay and one mile to the beach make this location perfect for biking and walking around this beach community. The pedestrian-friendly location is situated between 8 blocks away from Garnet Avenue offering residents the ability to take advantage of the many walkable amenities in the surrounding neighborhood given its fantastic location. The Oliver Street Property has a Walkscore of 88 which means it is a Walker' s Paradise and most residents can complete daily errands on foot. Nearby grocery and drugstore options. Pacific Beach is known for its many restaurants, bars, coffee shops, boutiques, retailers and beach related recreational activities. Close to freeways, downtown San Diego airport and trains.