$1,895,000
$80K PRICE DROP

Estimated payment $12,361/month

Total Views 10,948
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

**Motivated Seller** Bring your offers. Seller has identified potential uplegs. Best value 4-unit on the market in Ocean Beach. Good rents currently with upside. This is a cute, eclectic little 4-unit property with 4 garages (potential ADU's?) the common area is a horticulturalists dream with meandering brick laid trails, park benches and picnic tables for all tenants use. Some Capital expenditures over the last few years help the projections look good. An investor is likely going to continue the improvements of this Ocean Beach property and reap the rewards of the improved rents.

Listing Agent

Chris Siedenburg

ACI Apartments License #01907828 Listed on: 03/31/2025

ACI Apartments

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Additional Features

  • 2-Story Property
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 448-531-04-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $69,279

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Muir Ave., & Froude St.
  • Neighborhood: Ocean Beach
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1951
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate

Condo/Co-op/Association

  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 448-531-04-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 69279
  • Annual Expense Actual: 37962
  • Gross Rent Multiplier Actual: 17.1
  • Gross Sched Income Actual: 111000
  • Number Of Buildings: 2
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 3600

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/19/2025 05/19/25 Price Changed $1,895,000 -4.1% --
03/31/2025 03/31/25 For Sale $1,975,000 +86.3% --
06/22/2015 06/22/15 Sold $1,060,000 -11.6% $773 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $1,199,000 -- $874 / Sq Ft
Source: San Diego MLS

Similar Homes in San Diego, CA

  • 4614 Larkspur St, San Diego, CA 92107

    $1,695,000

    • 4 Beds
    • 3 Baths
    • 1,425 Sq Ft
    • 4614 Larkspur St
    • San Diego, CA

    DON'T MISS IT! Live the ultimate beach lifestyle with this incredible investment opportunity in the heart of Ocean Beach! Just minutes from the sand, surf, and the famous Dog Beach, this property offers two well-appointed units plus major upside potential. The front bungalow is a charming 2-bedroom, 1-bath with an attached garage—completely turnkey and ready for immediate occupancy. In the back,

    Lanz Correia Coldwell Banker West

    Section Image
  • 2604 06 Juan St, San Diego, CA 92110

    $1,799,000

    • 3 Beds
    • 3 Baths
    • 1,588 Sq Ft
    • 2604 06 Juan St
    • San Diego, CA

    Prime Old Town Location -3 Units + Expansion Potential- Located at 2604-06 Juan Street & 4110 Twiggs Street, 1 block from the center of Old Town in a highly desirable area next to Presidio Park. This three-unit property includes a 1BR/1BA duplex & standalone 1BR/1BA unit. The duplex features dual pane windows & privacy fencing. The standalone unit has a new roof. All units have private patios and

    Susan Willis Ibis Real Estate Advisors

    Section Image
  • 3980 Crown Point Dr, San Diego, CA 92109

    $2,395,000

    • 4 Beds
    • 5 Baths
    • 2,630 Sq Ft
    • 3980 Crown Point Dr
    • San Diego, CA

    Classic Mid-Century triplex across from Mission Bay and a seashell throw from Crown Point Park and its sandy beaches! Pride of ownership investment property with wonderful updates including total re-stucco, resurfaced driveways/hardscape and upgraded electrical. Mix of units: a large 1,100 sf two bedroom two bath unit, two 625 sf one bedroom one bath units, a newly remodeled studio with bath of

    Jeff Davidson The Agency

    Section Image
  • 3700 Third Ave, San Diego, CA 92103

    $2,400,000

    • 5 Beds
    • 5 Baths
    • 2,555 Sq Ft
    • 3700 Third Ave
    • San Diego, CA

    Unlock exceptional earning potential with this extensively renovated multi-unit asset in the heart of Hillcrest, one of San Diego’s most walkable and high-demand rental market. This standout property features three beautifully updated units including a brand-new, fully permitted ADU with its own single-car garage and private parking. Each unit has been thoughtfully redesigned with high-end

    David Weis Compass

    Section Image
  • 4876-78 34th St, San Diego, CA 92116

    $1,825,000

    • 4 Beds
    • 4 Baths
    • 2,064 Sq Ft
    • 4876-78 34th St
    • San Diego, CA

    Versatile and turn-key, this beautifully upgraded 2-on-1 property in Normal Heights is perfect for multi-generational living or income-producing investment. Live in one and rent the other, rent both, or create the ideal setup for extended family—this property offers flexibility and value in one of San Diego’s most sought-after neighborhoods. Situated north of Adams Avenue, in the heart of

    Jerry Linney First Team Real Estate

    Section Image
  • 4781 Long Branch Ave, San Diego, CA 92107

    $1,595,000

    • 3 Beds
    • 3 Baths
    • 1,314 Sq Ft
    • 4781 Long Branch Ave
    • San Diego, CA

    Welcome to an exceptional income-producing triplex located in the heart of Ocean Beach—just off iconic Sunset Cliffs and mere blocks from the sand! This rare coastal gem offers the perfect blend of location, lifestyle, and long-term value. The property has been meticulously maintained and thoughtfully upgraded in 2022 with major improvements including new plumbing, electrical, insulation,

    Edith Salas Salas Properties

    Section Image
  • 4467 Long Branch Ave, San Diego, CA 92107

    $2,199,000

    • 4 Beds
    • 3 Baths
    • 2,132 Sq Ft
    • 4467 Long Branch Ave
    • San Diego, CA

    Variance granted 2-4 Units - Stunning Dual-Unit Coastal Property with Panoramic Ocean Views! Experience the best of beachside living and exceptional investment potential with this unique property featuring two fully detached homes in the heart of Ocean Beach. Just blocks from the sand, restaurants, parks, and shops, this rare offering blends coastal charm with modern luxury and income-generating

    Nathan Winnett eXp Realty of California Inc

    Section Image
  • 4341-43 Banning St, San Diego, CA 92107

    $1,595,000

    • 5 Beds
    • 3 Baths
    • 1,832 Sq Ft
    • 4341-43 Banning St
    • San Diego, CA

    Located in one of San Diego’s most supply-constrained coastal markets, this 3-unit asset presents a rare opportunity to unlock value in the heart of Point Loma and Ocean Beach. The property includes two upgraded 2BD/1BA units and one unrenovated 1BD/1BA unit—providing immediate upside through renovation and market-rate leasing. Zoned RM-2-5 and featuring an attached garage, there’s potential for

    Joseph Silva CCG RE Investment Services Inc

    Section Image
  • 4817 Coronado Ave, San Diego, CA 92107

    $2,325,000

    • 5 Beds
    • 4 Baths
    • 2,664 Sq Ft
    • 4817 Coronado Ave
    • San Diego, CA

    Perfect situation for an owner-occupied property with a possible vacation rental unit in south Ocean Beach. Unit located at front of property is a 3 BR 2 BA house built in 1944 that has been recently upgraded with vinyl windows, blinds, paint, and large kitchen that is totally renovated with new cabinets, recessed lighting, center island and granite countertops. Coved ceilings & fireplace in

    David Pitta Choice Properties

    Section Image

Source: San Diego MLS

MLS Number: 250022960

San Diego MLS