Remodeled Triplex with In-Unit
2888 Ocean View San Diego, CA 92113
For Sale
Contact for pricing
Three remodeled units feature in-unit laundry and modern finishes including mini splits and quartz countertops.
Property Size1,450 SF
Price / SF$582.76
Days on Market25
Property Features for 2888 Ocean View
General Information
- Standard status
- Active
- Size
- 1,450 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1941
Listing Agency:
Big Block Realty, Inc.
Listed By:
David Rangel · License #01506736
Source:
Crexi
Added: Jul 2
Changed: Jul 23
Last Checked: Jul 25 at 10:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Big Block Realty, Inc.
Investment Insights
Based on property information with market context.
This remodeled triplex offers three separate units, each updated with in-unit laundry, mini split heating and cooling, vinyl flooring, quartz countertops, shaker cabinets, ceiling fans, recessed lighting, and dusk-to-dawn exterior lighting. The layout provides flexibility for an owner-occupant or an investor looking to manage all three units.
Located centrally near the 15 and 5 freeways and downtown, with proximity to Coronado. The property is described as within walking distance to the post office, an elementary school, a library, a corner grocery store, food trucks, and a park.
The combination of fully remodeled units and in-unit amenities supports comfortable day-to-day living while giving each unit its own practical setup.
Located centrally near the 15 and 5 freeways and downtown, with proximity to Coronado. The property is described as within walking distance to the post office, an elementary school, a library, a corner grocery store, food trucks, and a park.
The combination of fully remodeled units and in-unit amenities supports comfortable day-to-day living while giving each unit its own practical setup.
Key Highlights
- Three remodeled units in a 1941‑built property
- Each unit has in‑unit laundry for added convenience
- Mini split heating and cooling in every unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.2k | $27.00 |
| − Vacancy | −$2.0k | −$1.41 |
| EGI | $37.1k | $25.59 |
| − OpEx | −$11.1k | −$7.68 |
| NOI | $26.0k | $17.91 |
1,450 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$371.1K
$324.7K – $432.9K
NOI $25,974 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$342.4K
$299.6K – $399.4K
NOI $23,966 @ 7.0% cap · market cap 2.84%
Theoretical Best
Specialty Retail
$572.7K
$501.1K – $668.2K
NOI $40,090 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three remodeled units feature in-unit laundry and modern finishes including mini splits and quartz countertops.
Where is this triplex located?
The property is located at 2888 Ocean View San Diego, CA.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Three remodeled units in a 1941‑built property; Each unit has in‑unit laundry for added convenience; Mini split heating and cooling in every unit
