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Variance Granted. 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 nightlife, 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 spots ! - a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. The "actual scheduled income" is all from long term rentals, but the "projected scheduled income" utilizes one of the units as a short-term rental as allowed. 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 the seller will consider a single-family fixer, or property with ADU potential in trade. Units and current rents: 3bd, 2 ba - $5100/mo; 3bd, 2ba - 5000/mo; 2bd, 1ba - $3200/mo; and 1bd, 1ba - $2800 /mo. Total monthly rent = $15,550! Don't miss your chance to own this high-performing modern coastal asset!
| DAYS ON MARKET | 141 | LAST UPDATED | 9/13/2025 |
|---|---|---|---|
| TRACT | Ocean Beach | YEAR BUILT | 2024 |
| COMMUNITY | 92107 - Ocean Beach | COUNTY | San Diego |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to May 4, '25 | $3,300,000 |
|---|---|
| May 4, '25 - May 27, '25 | $3,250,000 |
| May 27, '25 - Jun 20, '25 | $3,199,000 |
| Jun 20, '25 - Jul 22, '25 | $3,150,000 |
| Jul 22, '25 - Sep 13, '25 | $3,100,000 |
| Sep 13, '25 - Today | $3,050,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Refrigerator |
| AREA | 92107 - Ocean Beach |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air, Natural Gas |
| LOT | 0 |
| PARKING | Assigned, Other |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | Ocean Beach |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/18/25 2:24 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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