5049 Cape May Ave

San Diego, CA 92107
$5,400,000
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 interiorRead MoreRead Less
Property listed by MD Real Estate, Inc, Dylan Wright 619-255-3233
Listing Snapshot
Days Online
77
Last Updated
Property Type
MixedUse
Lot Size
0.24 Acres
MLS Number
260009653SD
Property Location Map
Additional Details
Building
1 building
Expenses
Operating: $130,546
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $369,540, Net Operating Income: $229,108
Lot
0.2441 acres
Parking
17 total parking spaces
Taxes
Parcel Number: 4481014100
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Christina Rounds
REALTOR
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.