$3,050,000
$250K PRICE DROP

Estimated payment $17,305/month

Total Views 27,522
9 Beds
6 Baths
3,000 Sq Ft
$1,017 Price per Sq Ft

Highlights

  • Property is Fully Fenced
  • Ocean Beach Elementary School Rated A
  • West of 5 Freeway

About This Home

RARE OPPORTUNITY – 4 NEWLY CONSTRUCTED UNITS just 2 Blocks from the Ocean Beach Shoreline! Prime coastal investment in one of San Diego’s most desirable beach communities with a long history of high appreciation!! This is a turnkey, high-yield property. Ideal for savvy investors or owner-occupants looking to grow their wealth while living the dream - just steps away from the sand, surf, dining, and night life, and financed with income generated from the other 3 units. These four beautifully built, contemporary units, offer the ultimate blend of luxury, convenience, and location. All units feature washer & dryer, central heat & air, and stainless-steel appliances. 5 Designated parking spaces – a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. Current income is from long term tenants, but great additional income is possible with short term rentals. This property offers tremendous versatility - long- or short-term rentals, multi-generational living, house hacking (live in one, rent out the others), with low-maintenance design and top-tier rental appeal.. Ideal property for your 1031 exchange, and seller will consider a single-family fixer, or property with ADU potential in trade. Don’t miss your chance to own a high-performing modern coastal asset!

Listing Agent

Nathan Winnett

eXp Realty of California Inc License #01320737 Listed on: 04/11/2025

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,371

Year Built

  • Built in 2023

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Property is Fully Fenced
  • West of 5 Freeway
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include n/k
  • 2 Buildings
  • 4 Units
  • Muir Community
  • Ocean Beach Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $48,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,371

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2023
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • CapRate: 4.2
  • Co List Office Mls Id: 8928
  • Subdivision Name: OCEAN BEACH
  • Special Features: 4098

Interior Features

  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Roof: Composition
  • View: N/K
  • Construction Type: Stucco

Utilities

  • Cooling: Central Forced Air
  • Heating: Forced Air Unit
  • Utilities: Sewer Connected
  • Water Source: Meter on Property

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Zoning: R-4

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 4
  • Annual Operating Expense: 48770.0

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,371 $1,190,674 $1,124,880 $65,794
2024 $14,371 $1,167,328 $1,102,824 $64,504
2023 $14,054 $48,486 $46,122 $2,364
2022 $623 $48,486 $46,122 $2,364
2021 $619 $47,536 $45,218 $2,318
2020 $611 $47,050 $44,755 $2,295
2019 $601 $46,128 $43,878 $2,250
2018 $564 $45,224 $43,018 $2,206
2017 $550 $44,338 $42,175 $2,163
2016 $540 $43,470 $41,349 $2,121
2015 $532 $42,818 $40,728 $2,090
2014 $525 $41,981 $39,931 $2,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2025 09/13/25 Price Changed $3,050,000 -1.6% $1,017 / Sq Ft
08/06/2025 08/06/25 For Sale $3,100,000 0.0% $1,033 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
07/22/2025 07/22/25 Price Changed $3,100,000 -1.6% $1,033 / Sq Ft
06/21/2025 06/21/25 Price Changed $3,150,000 -1.5% $1,050 / Sq Ft
05/27/2025 05/27/25 Price Changed $3,199,000 -1.6% $1,066 / Sq Ft
05/05/2025 05/05/25 Price Changed $3,250,000 -1.5% $1,083 / Sq Ft
04/11/2025 04/11/25 For Sale $3,300,000 0.0% $1,100 / Sq Ft
10/29/2024 10/29/24 Off Market $6,000 -- --
10/08/2024 10/08/24 Off Market $6,000 -- --
09/26/2024 09/26/24 For Rent $6,000 0.0% --
09/15/2024 09/15/24 For Rent $6,000 0.0% --
06/03/2022 06/03/22 Sold $1,200,000 +20.0% $2,182 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $1,000,000 -- $1,818 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed -- Equity Title
Grant Deed -- None Listed On Document
Quit Claim Deed -- Equity Title
Grant Deed $1,122,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title Sd
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $897,600 New Conventional
Source: Public Records

About the Listing Agent

Nathan Winnett

eXp Realty of California Inc

(833) 749-4072

Section Image

Nate is the Co-Founder of RezList and experienced San Diego Coastal Realtor for 17+ years. As a top sales producer in the industry, Nate has won several "Top Sales Associate" awards throughout his career. He brings a wealth of experience and knowledge to the real estate process and is enthusiastic about providing his clients with the same level of professionalism, customer service, and savvy negotiating skills as any traditional real estate brokerage - just at a flat fee. When you work with

Nathan's Other Listings

  • 4625 Adair St, San Diego, CA 92107

    $3,150,000

    • 7 Beds
    • 5.5 Baths
    • 3,219 Sq Ft
    • 4625 Adair St
    • San Diego, CA

    Just two blocks from the breathtaking Sunset Cliffs, this unique property offers three brand-new luxury units, each thoughtfully designed for modern living and generating a combined monthly income of $16,100. The main single-level home features 4 bedrooms, 2.5 bathrooms, elegant hardwood floors, soaring 11-foot ceilings, and an abundance of natural light. A spacious private deck and expansive

    Nathan Winnett eXp Realty of California Inc

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

    $2,100,000 Sold Aug 28, 2025

    • 4 Beds
    • 3 Baths
    • 2,151 Sq Ft
    • 4467 Long Branch Ave
    • San Diego, CA

    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 versatility. The front

    Nathan Winnett eXp Realty of California Inc

Source: San Diego MLS

MLS Number: 250024221

San Diego MLS

APN: 448-222-13