4973 Narragansett Ave. San Diego, CA 92107

South OB 4-Unit Property on +/- 6,995 SF Lot, within 2 Blocks of OB Pier, Beach, and local dining staples. This property features two single-story duplex buildings, each housing two 1Br/1Ba units (for 4 total 1Br/1Ba units). The rear building has a bank of 4 garages attached at the alley, and there is one covered surface off-street space. All units have spacious outdoor patio areas, front and rear access doors, wall heat, hardwood floors and cabinets, tile floors in kitchens and bathrooms. Built around 1947, and updated in the 1990s, the buildings are of wood-frame construction on a concrete on grade foundation, with pitched roofs, aluminum windows, and siding that is a combination of brick (lower portion), wood siding (upper portion), and stucco (bank of garages). Units have wall heat and ceiling fan/light fixtures, HW flooring (real Aus. HW) in living areas, tile in kitchens and bathrooms. Each unit has dedicated spacious outdoor patio area, as well as other common area outdoor space. In the early 2000s, the roof at the rear building was replaced. Separately metered for gas and electricity, landlord pays water/sewer. Upside potential through modernization/upgrades and raising rents to market levels for fixed-up product in the immediate area. Zoned RM-2-4 for redevelopment potential as well. Seller to complete a 1031 exchange. See video supplement and OM for further details. Neighborhoods: South OB Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL