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Key Details
Sold Price $3,650,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision La Jolla
MLS Listing ID 260006839
Bedrooms 7
Full Baths 5
Year Built 1950
Lot Size 8,289 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present 444 Bonair Street, a well-maintained four-unit multifamily property situated on a generous 0.19-acre parcel in the highly desirable Windansea Beach neighborhood of La Jolla, California. This rare coastal asset provides investors with a stable, income-generating opportunity in one of San Diego's most exclusive and supply-constrained rental markets. The property offers a balanced and highly functional unit mix, consisting of one (1) one-bedroom, one-bathroom unit of approximately 650 square feet, two (2) two-bedroom, one-bathroom units of roughly 800 square feet each, and one (1) two-bedroom, two-bathroom unit of approximately 1,000 square feet, for a combined 3,250 net rentable square feet. Each residence features a practical layout, ample natural light, and a quiet coastal setting just blocks from the shoreline—ideal for long-term tenancy in a premier beach community. Additional value comes from the property's strong parking profile, which includes four (4) single-car garages along with ample additional off-street parking, a significant advantage in this dense and highly competitive coastal submarket. Located just one block from Windansea Beach and walkable to La Jolla's vibrant Village, boutique retail, dining, and recreation amenities, the asset enjoys enduring appeal among quality tenants seeking best-in-class coastal living. With strong historical occupancy, consistent cash flow, and clear upside through interior renovations or future redevelopment, 444 Bonair Street represents an increasingly rare opportunity to acquire a low-maintenance.
Location
State CA
County San Diego
Area Coastal South
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Ashley Gulley Real Broker
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