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Property Description

Rare Ocean Beach Duplex – First time on market in 45 years! This prime multi-unit property offers incredible investment potential in one of San Diego’s most desirable coastal communities. Two separate homes on one lot. The front house is 2-bed/1-bath, recently vacated and ready for an owner-occupant or new tenant. The back house is also 2-bed/1-bath, providing additional possibilities for future use. Multi-unit residential zoning offers flexibility for potential expansion or upgrades. Situated just three blocks from the beach, this location is unbeatable. Enjoy the laid-back coastal lifestyle. Ocean Beach is a high-demand rental market, making this an ideal investment for long-term appreciation. Opportunities like this don’t come around often! 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.

Features
: None, natural gas, See remarks
: No
1
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Additional Information
eXp Realty of California, Inc
0
SAND-628568
SAND-992145
Carol
4482711600
One
32

Multi-Family For Sale

4817 Del Monte Ave, San Diego, California 92107

$1,350,000
Listing ID #250020531SD
Basic Details
Status : Active
DaysOnMarket : 3
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 250020531SD
Price : $1,350,000
Lot Size : 3,500 Sqft
Year Built : 1950
Country : US
State : California
County : San Diego
City : San Diego
Zipcode : 92107
Subdivision : Ocean Beach
ModificationTimestamp : 2025-03-05 23:24:00
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