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4605 Voltaire Street

San Diego, CA 92107
  • $2,100,000
  • STATUS: ACTIVE
  • ON SITE: 18 Days
  • ID#: 250000045
UPDATED: 105 min ago
$2,100,000
  • 3
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are pleased to exclusively present for sale 4605 Voltaire Street, a 5-unit complex in the rarely trading and highly gentrifying Ocean Beach neighborhood of San Diego, California. Composed of a desirable mix of two 2-bedroom / 1-bath units (approximately 900 sf) and three 1-bedroom / 1-bath units (approximately 600 sf), this two-story apartment complex rests just six blocks to the beach and 2 blocks from popular Sunset Cliffs Blvd. Units are very large with some units receiving refinished kitchens, showers and vinyl plank flooring. The building received major improvements in 2018 with new roof, new dual pane windows, electrical panels/main gear in 2023. Railings were also fully updated in January 2023. Countertops include a mix of formica and granite and some units include a mix of vinyl plank flooring and carpet. Original cabinetry and a mix of original and newer appliances allow an investor the upside of fully remodeling all units to highest end finishes. Additional upside could be achieved adding individual washer/dryers, mini-splits, dishwashers and garbage disposals. The building includes shared on-site laundry and six off-street parking spaces.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/159131574
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4605 Voltaire Street San Diego, CA 92107

  • Price: $2,100,000
  • Status: ACTIVE
  • On Site: 18 Days
  • Updated: 105 min ago
  • ID#: 250000045
3
Beds
2
Baths
0
½ Baths
0.09
Acres
Neighborhood:
Ocean Beach (92107)
County:
San Diego
Area:
Ocean Beach (92107)
Property Description
We are pleased to exclusively present for sale 4605 Voltaire Street, a 5-unit complex in the rarely trading and highly gentrifying Ocean Beach neighborhood of San Diego, California. Composed of a desirable mix of two 2-bedroom / 1-bath units (approximately 900 sf) and three 1-bedroom / 1-bath units (approximately 600 sf), this two-story apartment complex rests just six blocks to the beach and 2 blocks from popular Sunset Cliffs Blvd. Units are very large with some units receiving refinished kitchens, showers and vinyl plank flooring. The building received major improvements in 2018 with new roof, new dual pane windows, electrical panels/main gear in 2023. Railings were also fully updated in January 2023. Countertops include a mix of formica and granite and some units include a mix of vinyl plank flooring and carpet. Original cabinetry and a mix of original and newer appliances allow an investor the upside of fully remodeling all units to highest end finishes. Additional upside could be achieved adding individual washer/dryers, mini-splits, dishwashers and garbage disposals. The building includes shared on-site laundry and six off-street parking spaces.
Exterior Features

Carports 3 Construction Stucco Exterior Fully Landscaped Parking CarportsSpaces Parking Spaces Total 5 Roof Rock/Gravel Units With Garages 0

Interior Features

Cooling Wall/Window Floor Coverings Vinyl Heating Wall Laundry Owned Sq Ft Of Improvement 3604 Stories 2 Story Unit Furnished1 No Unit Furnished2 No Units With Dishwashers 5 Units With Disposals 0 Units With Drapes 0 Units With Ranges 5 Units With Refrigerators 5

Property Features

1st Loan Balance 1300000 Actual Cap Rate 3.32 Actual Gross Operating Income 114654 Actual Gross Scheduled Income 118200.0 Actual Operating Expense 44996 Actual Total Expense 44996 Actual Vacancy And Credit Loss 3546 Assumable Finance 0 Buildings 1 Financial Information Source Owner Fiscal Year From 23 Fiscal Year To 24 Gross Equity 2100000 Gross Multiplier 17.77 Have 5 unit Leased Apartments 5 Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 9850 Motive Want exchange Other Income Actual 0 Present Loan 800000 Short Sale No Sq Ft Source Tax Record Tenant Pays Electric y Tenant Pays Gas y Tenant Pays Water n Unit Number1 3 Unit Number2 2 Unit Rent Total1 5550 Unit Rent Total2 4300 Unit Rent1 1850 Unit Rent2 2150

San Diego MLS logo Listing provided courtesy of Conor Brennan of Marcus & Millichap: 720-841-8139. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Mercer Group | Keller Williams La Jolla
4071 Adams Avenue
San Diego CA, 92116