UPDATED:
03/11/2025 09:03 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 250020531
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1950
Lot Size 3,500 Sqft
Lot Dimensions 25x140
Property Sub-Type Res Income 2-4 Units
Property Description
A rare chance to own a multi-unit property in one of San Diego's most desirable coastal communities! Whether you're an investor looking to maximize rental income, a homeowner wanting to live in one unit while holding the other for future use, or a developer exploring new possibilities, this property offers endless potential. Located just three blocks from the beach, this two-home property consists of a 2-bedroom, 1-bath front house that was recently vacated, offering immediate flexibility for an owner-occupant or a new tenant. The back house is also a 2-bedroom, 1-bath, providing additional possibilities for future use. With multi-unit residential zoning, there may be opportunities to enhance or expand the property (buyer to verify with the city). Ocean Beach (OB) is one of San Diego's most vibrant and sought-after beach communities, offering a laid-back lifestyle, strong rental demand, and unbeatable location. Residents love the walkability to Newport Avenue's eclectic mix of restaurants, cafés, and local boutiques, the famous OB Pier, and the city's best weekly farmers' market. Outdoor enthusiasts can enjoy surfing, biking, and endless coastal trails, while investors recognize OB as an appreciating real estate market with consistent demand. With limited coastal inventory and a high-demand rental market, this property presents a fantastic opportunity for a long-term hold, value-add upgrades, or future redevelopment. Opportunities like this don't come up often in one of San Diego's most iconic beachside neighborhoods.
Location
State CA
County San Diego
Community Ocean Beach
Area Ocean Beach (92107)
Interior
Heating Natural Gas, Other/Remarks
Exterior
Exterior Feature Stucco, Wood, Wood/Stucco
Parking Features Unit1:Attached Unit2:N/K
Garage Spaces 1.0
Fence Full
Roof Type Composition,Other/Remarks
Building
Lot Description Alley Access, Curbs, Public Street, Sidewalks, Street Paved, West of I-5
Story 1
Lot Size Range 1-3999 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Schools
Elementary Schools San Diego Unified School District
Middle Schools San Diego Unified School District
High Schools San Diego Unified School District
Others
Acceptable Financing Cash, Conventional, Other/Remarks
Space Rent $1,300
Listing Terms Cash, Conventional, Other/Remarks
Pets Allowed Yes
Virtual Tour https://www.propertypanorama.com/instaview/snd/250020531
