A remarkable and rare opportunity to own two distinct income producing properties on a spacious 6255 SF lot perched on top of Mentone Street in Ocean Beach, this property offers a premium location, the ultimate coastal lifestyle close to breathtaking Sunset Cliffs. Front: The single level spacious 2 bedroom, one bath with an attached garage and additional parking in driveway, built in 1950. The back units built in 1976 are two townhomes, each 2 large bedrooms, 11/2 baths and decks, as well as a one story studio with a separate bedroom and shower. Quality construction with copper plumbing and newer units are Redwood framed. Replacement windows. This property has not been offered since 1973. This Ocean Beach gem is perfect for investors looking for a multi income stream, multi-generational living or anyone who wants to experience the quintessential Southern California Beach Lifestyle.
Listed by Karin Gentry
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License #00982150
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Coldwell Banker Realty
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858-229-8335
Last updated January 21, 2025
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Source: CRMLS #240017838SD
Listing Facts
TypeMulti-family
NeighborhoodLoma Alta
Days on Prevu402
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/17/2024
Status changed to Active
$2,488,000
09/17/2024
Status changed to Removed from Feed
$2,488,000
08/12/2024
Price Decreased
$2,488,000
08/05/2024
Status changed to Active
$2,700,000
08/04/2024
Status changed to Removed from Feed
$2,700,000
07/31/2024
Listed by Coldwell Banker Realty
$2,700,000
Property Details for 4337 39 Mentone Street
Exterior
Construction
Number Of Units Total: 4
Roof: Composition
Year Built: 1950
Features
Fencing: Partial
Measurements
Lot Size Acres: 0.14
Lot Size Area: 6,255
Lot Size Dimensions: 12,550
Lot Size Source: Assessor
Lot Size Square Feet: 6,255
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 3.8
Taxes
Parcel Number: 4498622000
Interior
Features
Spa: Yes
Other
Location
Subdivision Name: Ocean Beach
Utilities
Equipment
Cooling: See Remarks
Has Cooling: Yes
Heating: See Remarks
Has Heating: Yes
Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
