$1,845,000
$130K PRICE DROP

4649-55 Muir Ave San Diego, CA 92107

Ocean Beach Neighborhood

Estimated payment $11,589/month

Total Views 13,756
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:

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Average Value
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List Price
Sold Price
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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
08/04/2025 08/04/25 Price Changed $1,845,000 -2.6% --
05/19/2025 05/19/25 Price Changed $1,895,000 -4.1% --
03/31/2025 03/31/25 For Sale $1,975,000 -- --
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250022960

San Diego MLS
California San Diego County San Diego 92107 Ocean Beach

4649-55 Muir Ave, San Diego, CA

This home is located at 4649-55 Muir Ave, San Diego, CA 92107 and is currently priced at $1,845,000. This property was built in 1951. 4649-55 Muir Ave is a home located in San Diego County with nearby schools including Ocean Beach Elementary School, Richard Henry Dana Middle School, and Correia Middle School.

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Chris Siedenburg
Listing Agent
Chris Siedenburg
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ACI Apartments
(949) 233-7310