5049 Cape May Ave, San Diego, CA, 92107

USD 6,000,000
For Sale

Property Details

Bedrooms

18

Bathrooms

18

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 18 • Bathrooms: 18 • Square Feet: 9458 • Lot/Size: 10,633 sqft lot

Description: The Palms on Cape May is a 12-unit coastal apartment community located one block from the Pacific Ocean in San Diego’s highly sought-after Ocean Beach submarket. The property offers investors a rare opportunity to acquire a well-located asset with spacious units, strong in-place income, and meaningful rental upside through interior improvements. The property has been well maintained and provides investors with stable in-place income along with potential rental upside through strategic interior upgrades. With spacious units and strong tenant demand for beach-adjacent housing, the property is well positioned for continued long-term performance. Residents benefit from 17 on-site parking

Location

Address

5049 Cape May Ave, San Diego, CA, 92107

City

San Diego

Features and Finishes

[object Object]; [object Object]; [object Object]

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more