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Courtesy of: First Team Real Estate
Listing Sold By: DP Properties
Local Realty Services Provided By: Keller Williams Realty Carmel Valley
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2248 Manchester, Cardiff, CA 92007

2248 Manchester, Cardiff, CA 92007

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Property Description

This is an amazing opportunity to own a 4-plex +1 with ocean views in coveted Cardiff by the Sea. The Seller occupies unit #4 which is why the "Current" cap rate is low. There is a substantial rental income upside, especially when updating the kitchens and bathrooms. Two units have ocean views and three units have park views. Nice ocean breezes and just steps to Seaside Beach and Glen Park. Units 1 though 4 are 2 bedroom one bath 800 s.f. units. Fifth unit is a one bedroom one bath approximately 630 s.f.

Property Details

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Overview
Property Type
1
Year Built
1972
Days on Site
2,329 Days
HVAC
Forced Air Unit, Source: Natural Gas
Parking
No
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Transit & Commute

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Car-Dependent Walkable Very Walkable
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