5073 79 Lotus Street San Diego, CA 92107

5073-79 Lotus Street is a rare coastal four unit offering located just two blocks from the sand in Ocean Beach. This property is comprised of a 2 bed/ 1 bath unit, three 1 bed/ 1 bath units and four garages situated on a 5,009 square foot lot. The property features a common area courtyard, newer dual pane windows and roll up garage doors for easier tenant access. The potential buyer will have the opportunity to immediately increase rents or convert some or all of the units to vacation rentals to maximize rental income. In addition, the four garages located in the rear duplex could possibly be converted to ADUs for additional units/income. With continued upward pressure in rents and this asset’s close proximity to the beach, Downtown San Diego and the airport, one should expect solid returns for many years to come. Number of Furnished Units: 0