$3,900,000

Estimated payment $25,439/month

Total Views 7,574
10 Beds
6 Baths
4,538 Sq Ft
$859 Price per Sq Ft

Highlights

  • Ocean View
  • Corner Lot
  • Partially Fenced Property
  • Ocean Beach Elementary School Rated A
  • Fireplace

About This Home

This exceptional 2-Story 4bed/2.5ba Single Family beach home property includes (3) 2bd/1ba units with 4 detached garages and is situated in the burgeoning Ocean Beach community of San Diego. This property boasts a prime location just a block and a half from the ocean. Its proximity to downtown, San Diego International Airport, and the renowned surf break at Sunset Cliffs makes it highly sought-after by both tenants and investors. Ocean Beach exudes a laid-back yet vibrant atmosphere, with a diverse array of trendy restaurants, coffee shops, cultural events, farmers markets, and boutique stores offering something for everyone. Embracing a classic Southern California beach lifestyle, this property presents an enticing investment opportunity in a thriving and dynamic neighborhood.

Listing Agent

Randy Rivera

Capital Real Estate Ventures, Inc. License #01185256 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Partially Fenced Property
  • Corner Lot

Parking

  • Alley Access

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Ocean Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 448-362-13

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Ocean Beach Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $171,214

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ebers St. & Orchard Ave.
  • Neighborhood: Ocean Beach
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Tile/Clay
  • View: Ocean

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace, Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Ocean Beach
  • Pets Allowed: Yes
  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access, Corner Lot, Public Street
  • Zoning: RM-1-1
  • Assessor Parcel Number: 448-362-13

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 171214
  • Annual Expense Actual: 75686
  • Gross Rent Multiplier Actual: 189.55
  • Gross Sched Income Actual: 246900
  • Number Of Buildings: 2
  • Number Of Furnished Units: 4
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $3,900,000 +42.3% $859 / Sq Ft
09/27/2019 09/27/19 Sold $2,740,000 -5.4% $604 / Sq Ft
09/06/2019 09/06/19 For Sale $2,895,000 0.0% $638 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $2,895,000 -- $638 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250028918

San Diego MLS

APN: 448-362-13-00