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$ 2,800,000
Est. payment | /mo
6,520 Sqft Lot
$ 2,800,000
Est. payment | /mo
6,520 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 250025484SD
HOA Y/N No
Year Built 1953
Lot Size 6,520 Sqft
Property Description
Huge Investment Opportunity in Iconic Ocean Beach! Welcome to 4829-4829 1/2 & 4831-4831 1/2 Saratoga Avenue – a rare chance to own a four-unit property in the heart of one of San Diego's most sought-after coastal communities. This unique asset features four detached 1-bedroom, 1-bath units, all situated on a level lot just blocks from the beach. Whether you're an investor or owner-occupant, this is an incredible opportunity to live in one unit and rent out the others, offsetting your mortgage with multiple income-producing rentals. The current rental rates are under market, offering immediate value-add potential. Why Ocean Beach? Ocean Beach (OB) is a vibrant, laid-back beach town known for its eclectic charm, weekly farmers market, surf-friendly waves, independent shops, and strong sense of community. It's a high-demand rental market due to its coastal location, bohemian vibe, walkability, and proximity to San Diego's best attractions. Residents love the casual lifestyle, ocean views, and easy access to Downtown San Diego, Coronado Island, Balboa Park, North & South Park, the San Diego Navy Base, airport, and bay – all within a 10-minute drive. OB's unique mix of beach culture, historic charm, and investment upside makes this a property you don't want to miss. Don't miss this chance to own a slice of OB paradise – with income potential to match.
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Building/Complex Name Saratoga Ave Fourplex
Zoning R-4:MULTIP
Interior
Heating Combination, Electric
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4483021900
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Nicole Mayo • Three Guys Properties, Inc.