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I M O J I
M
INVESTMENTS
eal Estate - Consulting
established
1967
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Dan Townsend
858-367-8512
dan@calwestequities.com
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For Sale or Lease by Owner (Courtesy to
Brokers)
Ocean Beach House and Duplex on 5000 SF
Commercial Lot

Link to Virtual Tour
Link
to Aerial Tour
Link
to floorplan of front house
Link
to Photos of 1 Br Apt
NEW!! Link to Value-Add Proforma
This well-groomed beach property is zoned for high
intensity commercial use, with room to add an additional 414 sf dwelling unit
(see this link
for potential site
plan and floorplan). Available for sale for the first time in 53 years,
the owner desires a tax deferred exchange. Plat map available at this link.
Front house built in 1923;
Duplex built in 1941. County
Building records available at this link. All units
separately metered for ALL utilities including water. All systems have been
upgraded. Roof on front house replaced in May, 1999; on duplex in January, 2004. Automated sprinkler
system for yard. House and duplex fumigated January,
2025. SimpliSafe monitored security in house. Chimney
tuck-pointed and lined, firebox, gas line and valve replaced February,
2025. Vinyl floor tile throughout. Vinyl replacement windows installed 2016.
Upgraded kitchens with granite countertops in house (2020) and rear unit
(2021). Unit sizes are approximate based on exterior measurements. Buyer should verify.
In addition to the usual disclosures and those shown
below, a specific disclosure and release will be necessary. Please visit this link to view and print this document.
The following important disclosures
apply to this transaction:
- The
owner, Roger J. Brown, is a licensed California Real Estate Broker. As
such, he represents himself solely and owes no fiduciary duty to the
buyer.
- Notwithstanding
the foregoing, all sellers owe a common duty to buyers to truthfully
disclose salient facts regarding the property. The seller, as
owner-manager for more than five decades, has files he invites the buyer
to review. These files serve as a better source than the seller's memory
for events affecting the property that may have happened decades ago. The
seller will accept no liability for the buyer's negligent failure to
review files that are available to him prior to his purchase.
- Other
than mold and asbestos testing in February, 2025, the present owner has
made no survey regarding hazardous material, radon gas, geological hazard,
or flood
zone. More information about these types of hazards is available at
the San Diego Geographic Information Source (SanGIS) Web Site. A building this
age surely has some lead paint on it somewhere, although it would be
several layers below the surface by now. Also, there is
probably some non-friable asbestos in some flooring material and heater
vent insulation. It is our understanding that if undisturbed, this poses
no danger. We know of no active volcanoes in the neighborhood.
- The
present owner has made no survey of the land.
- The building
may be in the flight pattern for Lindbergh Field.
- Escrow
and Title shall be Chicago Title (Theresa McElaney). Costs shall be
divided in the usual fashion.
- Stoves
and Refrigerators are furnished by the owner and are included in the sale.
Laundry equipment TBA.
- The
building was at one time certified under the City
of San Diego Water Conservation Ordinance.
- Prior to closing and in addition to the usual
property inspection and disclosure forms, it will be necessary for the
buyer to execute a document releasing
the seller. The buyer will likely require the advice of legal counsel
prior to signing the release. The seller supports all efforts
of the buyer to obtain qualified legal advice in connection with this
transaction.