4649 Voltaire Street, San Diego, CA 92107
List Price: $7.7M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
MLS Number: 260018709SD
About This Property
Twin Cypress is an exceptionally well-maintained 18-unit apartment community located in the highly desirable coastal neighborhood of Ocean Beach, San Diego. The gated property features a balanced mix of one- and two-bedroom apartment homes surrounding a large courtyard. Professionally managed by Torrey Pines Property Management for approximately 40 years, Twin Cypress has benefited from consistent ownership and proactive maintenance, including a recently installed fire alarm system with notification devices in each apartment. The property offers spacious, functional floor plans and a straightforward value-add opportunity through cosmetic kitchen and common area upgrades. The current pro forma market rents assumes no significant interior or exterior renovations and no capital expenditures beyond customary unit-turnover costs. Additional improvements to the building exterior and common areas would further enhance the property’s appeal and support rental rates above the stated projections. Residents enjoy walkable access to Ocean Beach's eclectic mix of boutique shopping, local cafés, and restaurants, including Pizza Port, Hodad's, Newbreak Coffee and OB Surf Lodge. The property is also walking distance from the iconic Ocean Beach Pier, weekly Farmers Market, and sandy beaches, offering an authentic coastal lifestyle that continues to drive strong renter demand.
Listing provided by: Eric Comer DRE #00842230 858-509-1200 eric.comer@kidder.com, Eric D. Comer, Broker
Source: CRMLS, MLS #: 260018709SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.