$1,895,000
$4K PRICE DROP

Estimated payment $11,981/month

Total Views 5,140
4 Beds
2 Baths
1,998 Sq Ft
$948 Price per Sq Ft

Highlights

  • Laundry Room
  • Ocean Beach Elementary School Rated A
  • 1-Story Property

About This Home

Discover a rare development opportunity in the heart of Point Loma Heights! Can be sold together with the next door listing at 4363-4365 Temecula St. Combined, these two multi-family properties at Temecula St offer an exceptional investment opportunity with 14,380 SF of lot area, with 115' of street and alley frontage and 125' lot depth.

Currently, each lot features two single-family homes, for a total of four units. Each unit has undergone recent upgrades and placed with quality tenants. The unit mix is (4377) 2BR/2BA unit (approx. 1,200 sf) and (4375) 2BR/2BA unit (approx. 785 sf) above a 3-car garage. The neighboring listing’s unit mix is (4365) 2BR/2BA unit (approx. 900 sf) and (4363) 2BR/1BA unit (approx. 963 sf) above a 3-car garage.

Nestled in a quiet, desirable neighborhood, just minutes from Ocean Beach, Mission Bay, and Pacific Beach, with easy access to top restaurants, shopping, and the stunning San Diego coastline.

Potential development, to be confirmed with the City, includes the development of up to 12 homes plus ADUs or up to 30 micro units, when combined with the next door listing at 4363-4365 Temecula.

Listing Agent

Julian Tooma

Breeze Real Estate Brokerage Phone: 949-887-3795 License #01897822 Listed on: 08/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 8,124 Sq Ft Lot
  • No Common Walls
  • Value in Land

Parking

  • 1 Open Parking Space
  • 3 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 5-7 / 26
  • Tax Tract Number 1082
  • Assessor Parcel Number 4498612400
  • $36 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,342
  • Operating Expense $1,342
  • Gross Income $64,788
  • Net Operating Income $64,788

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 947500
  • Property Attached: No
  • Zoning: RM-3-7
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4498612400
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 948.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 8124.00
  • Lot Size Acres: 0.1865

Multi Family

  • Gross Income: 64788.00
  • Gross Scheduled Income: 64788.00
  • Insurance Expense: 1342.00
  • Lot Size Area: 8124.0000 Square Feet
  • Net Operating Income: 64788.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1342.00

Tax Info

  • Tax Block: 26
  • Tax Census Tract: 74.01
  • Tax Lot: 5-7
  • Tax Tract Number: 1082
  • TaxOtherAnnualAssessmentAmount: 36.00

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 List to Sale Price per Sq Ft
09/17/2025 09/17/25 Price Changed $1,895,000 -0.2% $948 / Sq Ft
08/25/2025 08/25/25 For Sale $1,899,000 -- $950 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25186368

California Regional Multiple Listing Service (CRMLS)