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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$2,950,000

Est. payment - /mo

10 Beds

9 Baths

7,003 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 260026544

Bedrooms 10

Full Baths 5

Half Baths 4

Year Built 1987

Lot Size 7,003 Sqft

Lot Dimensions 50X140

Property Sub-Type Res Income 2-4 Units

Property Description

WOW! A RARE SOUTH OCEAN BEACH OPPORTUNITY! Properties like this truly don't come along often! This exceptional 4-townhome property offers the ideal combination of strong existing income, upgraded interiors, private outdoor space, and an unbeatable coastal location—just blocks from the ocean! Each spacious townhome features its own private yard, offering a highly desirable residential feel that sets this property apart. The property includes 3 garages plus 9 additional off-street parking spaces, providing an incredible 12 total parking spaces—a true luxury in Ocean Beach. The well-maintained units have been thoughtfully upgraded and feature quartz countertops, newer luxury vinyl plank flooring in the main living areas, updated appliances, modern lighting, and more. The mix includes two 3-bedroom/2.5-bath townhomes and two 2-bedroom/1.5-bath townhomes, offering generous layouts and excellent rental appeal. Long-term tenants provide strong, established income, while there remains potential to increase rents and further enhance the investment upside. Whether you're looking to expand your portfolio, house-hack, or secure a rare coastal income property, this is an opportunity worth a serious look. And then there's the location—South Ocean Beach at its best! Just blocks from the sand and an easy walk to Newport Avenue, local restaurants, coffee shops, boutiques, entertainment, and the beach. Enjoy the laid-back coastal lifestyle and the incredible walkability that makes Ocean Beach one of San Diego's most sought-after neighborhoods. Four townhomes. Private yards. 3 garages.

Location

State CA

County San Diego

Community Laundry Facilities, Recreation Area

Area Coastal South

Zoning R-4:MULTIP

Direction Take I-8 West toward OB. Follow signs for Sunset Cliffs Blvd. Continue on Sunset Cliffs turn left onto Newport, right on Cable.

Interior

Heating Wall/Gravity

Fireplace No

Exterior

Fence Partial

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

View Parklike, Other/Remarks

Roof Type Composition

Building

Story 2

Water Meter on Property

Level or Stories 2

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 448-171-15-00

Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA

Listing Terms Cal Vet, Cash, Conventional, FHA, VA

Virtual Tour https://sites.rocksynergies.com/mls/271633896

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Listed by Tami Fuller, DRE#01000767 Coldwell Banker West

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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1736-4 Cable St San Diego, CA 92107