1290-92 Cushman Ave., Old Town Sd, CA 92110 - 250019423 - iPro Real Estate

1290-92 Cushman Ave.
Old Town Sd, CA 92110

Active, Multi-Family/Income Sale

New Listing
For Sale

$2,699,000

Free Professional CMA

Listing ID : 250019423

  • Beds

    5
  • Baths

    5/0
  • Year

    1984

Description

This rare multi-unit Spanish-style property offers exceptional income potential in one of San Diego’s top-performing short-term rental markets. Featuring breathtaking bay and ocean views, this 6-bedroom, 5-bathroom home is perfectly designed for vacation rentals, corporate stays, or long-term tenants. The flexible multi-unit layout allows for maximum occupancy and rental income, with two private apartment suites, each featuring their own separate entrance and secluded patio with spa. Inside, the open-concept living and dining area boasts high-end finishes, an oversized kitchen island, and a wine bar, making it ideal for entertaining. Expansive windows frame the stunning bay views, while the terrace extends the living space outdoors. Guests will love the resort-style backyard, complete with a sparkling pool and spa, creating an unforgettable stay. Located just minutes from beaches, downtown, SeaWorld, and top dining spots, this home ensures strong occupancy rates year-round. This is a rare chance to own a high-yield investment property in a prime location.

Details

Type: Multi-Family/Income Sale 
Subdivision: Bay Park 
MLS Area: Metro 
County: San Diego 
Tax ID: 4362312000
Building Name: N/k 
Cap Rate: 8% 
Net Operating Income: $238,850 
Days on Market: 2 
Appliances: Gas Water Heater, Dishwasher, Range/Oven, Refrigerator, Dryer, Washer 
No. of Fireplaces: 1 
Heating: Electric, Natural Gas, Fireplace(s), Forced Air 
Number of Units: 3 
Property Type: Residential Income 
Roof: Tile 
Sub Type: Multi Family 

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Interactive

32.769714 -117.198067 $2,699,000 250019423
1290-92 Cushman Ave., Old Town Sd, CA 92110
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Listed by Laura Hveem with Keller Williams La Jolla