PROPERTY DESCRIPTION

�3 Blocks from the Beach! Attractive Seller Financing Available! 4865 Brighton Avenue, San Diego, CA 92107 ("Property"), is a rare coastal Eight (8) unit multifamily purchase opportunity that is being offered with seller financing (with as low as 35% down!), well-located within Ocean Beach, �3 blocks from the beach and �4 blocks from OB retail/dining along Newport Avenue. The unit mix consists of One (1) one-bedroom/one-bathroom unit and Seven (7) spacious two-bedroom/two-bathroom units. There are eight (8) surface off-street parking spaces, as well as a common BBQ/Patio area for residents to enjoy, and a laundry room on-site. Situated on a �6,987 SF of land, all eight units are housed within a two-story building, built in �1968 of wood-frame construction with stucco exterior on a concrete slab foundation, featuring a flat/mansard roof. Many of the original windows have been upgraded with dual-pane vinyl. The units are separately metered for electricity, and there is one gas meter for the property. Units have been well maintained, and most have been updated with vinyl plank flooring and dishwashers. Rents at the property are below market presently, primarily due to current management not pushing rents up as much as they could have over the past several years.