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4767 Ocean Blvd

4767 Ocean Blvd, San Diego, CA, USA

Active

$135,000 For a Total of 6 Weeks

Capri By the Sea Timeshare Units Pacific Beach

Drone Video

Property Type

Timeshare

Units

6

SqFt

Price

$135,000 For a Total of 6 Weeks

Price/Unit

Year Built

Market

Price/SF

Cap Rate

GRM

Unit Mix

Property Description

Located at 4767 Ocean Boulevard in Pacific Beach, the Capri By The Sea timeshare offering is a fantastic opportunity for a short-term rental investor to capitalize on a total of six weeks of luxury condominium timeshares in a single transaction. All six timeshares offer unobstructed, ocean views and sounds of crashing waves with floor-to-ceiling windows, breathtaking sunsets, private outdoor balconies to enjoy the fresh ocean breezes, full kitchens, and direct access to the ocean. The property is also steps away from Crystal Pier in Pacific Beach as well as plenty of nearby restaurants, shopping, and all the outdoor activities that Pacific Beach and Mission Bay has to offer vacationing guests. The Capri By The Sea property itself also provides on-site amenities such as a parking garage, an outdoor heated pool, hot tub, 24-hour security, free WiFi, business center, and rooftop grills.

An investor in this transaction specifically is will purchase six APNs that come along with these timeshares, oceanfront ownership, property depreciation, no management fees, no maintenance expenses, and no cleaning fees.

Estimated annual income of $16,800 / year which includes the 2-bedroom units renting for a projected $500 / night and the 1-bedroom units renting for a projected $300 / night. Total expenses for all 6 timeshares are estimated at $7,346 / year which derive from a total HOA fee of approximately $6,846, / year plus property taxes at $500 / year. There is also a San Diego vacation rental fee of $125 / week to consider for Airbnb operations.

Unit APNs
415-521-41-52, 415-521-34-18, 415-521-34-15, 415-521-33-10, 415-521-41-03, 415-521-40-04

Contact Agent

Ken Herskind

858.699,4013

#01872460

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