$1,333,500
SOLD MAR 26, 2025

4817-19 Del Monte Ave San Diego, CA 92107

Ocean Beach Neighborhood
4 Beds
2 Baths
-- Sq Ft
1950 Built

Recently Sold

1% Below List Price

6 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • West of 5 Freeway
  • Ocean Beach Elementary School Rated A
  • Wood Siding
  • 1-Story Property

About This Home

As of March 2025

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.

Last Agent to Sell the Property

Carol Stanford

eXp Realty of California, Inc License #01390529 Listed on: 03/05/2025

eXp Realty of California, Inc

Last Buyer's Agent

Joeseph Ghio

Coldwell Banker West License #01308806

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 3,500 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 448-271-16-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $32,175

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: Sunset Cliffs Blvd
  • Neighborhood: Ocean Beach
  • Supplement: 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.
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1950
  • 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: Stucco, Wood, Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: OCEAN BEACH

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 448-271-16-00
  • Estimated Lot Dimensions: 25x140
  • Estimated Lot Sq Ft: 3500

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 32175
  • Annual Expense Actual: 4425
  • Gross Rent Multiplier Actual: 36.89
  • Gross Rent Multiplier Projected: 18.33
  • Gross Sched Income Actual: 36600
  • Gross Sched Income Projected: 69600
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

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
07/15/2025 07/15/25 Price Changed $1,427,000 -1.0% $990 / Sq Ft
06/06/2025 06/06/25 For Sale $1,441,000 +8.1% $999 / Sq Ft
03/26/2025 03/26/25 Sold $1,333,500 -1.2% --
03/12/2025 03/12/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $1,350,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Clark Henry

    Value T Sales Inc dba Pacific Preferred

    (619) 204-3086

    1 in this area

    127 Total Sales

    Clark Henry
    Section Image
  • Carol Stanford

    Seller's Agent in 2025

    Carol Stanford

    eXp Realty of California, Inc

    (619) 987-8766

    1 in this area

    17 Total Sales

    Carol Stanford
    Section Image
  • Joeseph Ghio

    Buyer's Agent in 2025

    Joeseph Ghio

    Coldwell Banker West

    (619) 261-3002

    4 in this area

    65 Total Sales

    Joeseph Ghio
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 250020531

San Diego MLS

California San Diego County San Diego 92107 Ocean Beach

4817-19 Del Monte Ave, San Diego, CA

This home is located at 4817-19 Del Monte Ave, San Diego, CA 92107 and is currently priced at $1,333,500. This property was built in 1950. 4817-19 Del Monte 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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